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Tag Archives: investment

URSB targets 870, 500 businesses

Kampala, Uganda | THE INDEPENDENT | Uganda Registration Services Bureau, the national business registry, has this morning launched its mass business registration campaign aimed at promoting formalization among entrepreneurs and small business owners. In a news release shared today, the bureau said this initiative seeks to simplify the registration process, raise …

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Uganda-South Africa trade summit discusses value addition

Optimizing opportunities for trade in agriculture key to addressing balance of trade between Uganda and South Africa Kampala, Uganda | THE INDEPENDENT |  Day one of the Uganda-South Africa Trade and Investment Summit organized by the Government of Uganda, MTN Group, Absa Bank Uganda and various South African owned business entities …

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‘Inconsistency in policies will derail investment in e-mobility’

The new technology is meant to minimize pollution and conserve the environment Kampala, Uganda | THE INDEPENDENT | Uganda’s manufacturers are ready to invest in the emerging E-Mobility sub-sector but the government’s inconsistency in investment policies will derail progress, according to the Uganda Manufacturers Association Chairman, Deo Kayemba. Kayemba, who spoke …

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KCCA to host business and investment summit

Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA is set to host the first-ever Kampala Business and Investment Summit next month. The event is organized by KCCA and the African Center for Economic Dialogue- AfCED under the theme “Unlocking Financing and Investment for a Sustainable, Inclusive and Smart …

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Ethiopia expects increasing investment from China

Addis Ababa, Ethiopia | Xinhua | Ethiopia anticipates increasing foreign direct investment from China, Ethiopian officials have said. Lelise Neme, commissioner of the Ethiopian Investment Commission, told Xinhua that her office has witnessed increasing investment requests from Chinese investors. “My expectation of the Chinese investment in Ethiopia would double shortly. We …

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Wazalendo advised to invest in Service and Real Estate

Jinja, Uganda | THE INDEPENDENT | The commandant of UPDF’s land forces, Lt. Gen. Kayanja Muhanga, has challenged the leaders of Wazalendo Sacco, to invest more in the hospitality industry and real estate businesses, which will increase their profit returns. Wazalendo prides in a total membership of 91,000 people, comprising of …

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Adidas warns of losses

Kampala, Uganda | THE INDEPENDENT | On Feb.10, Adidas warned over the potential major impact on its profits of ending its partnership with rapper and fashion designer Kanye West last November. The firm’s new boss said it could lose hundreds of millions of dollars this year if it decides not to …

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Simba Telecom to invest US$1million in New Year investment plans to boost its market presence

Kampala, Uganda | ISAAC KHISA | Local telecommunication devices and airtime solutions provider Simba Telecom has confirmed plans to enhance its market presence and effectiveness by improving its retail distribution capacity. The Simba Group operating subsidiary, which is also integrated telecommunications firm MTN’s lead distribution partner, is investing about US$1,000,000 in …

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