Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) has failed to defend their budget item of Shs3.363 billion allocated for the general use of goods and services. In a session held on Wednesday, 20 March 2024, UNBS led by Acting Executive Director, Daniel Nangalama, presented the …
Read More »
Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector experienced a modest deceleration in growth in Feb, as indicated by the Stanbic Purchasing Managers’ Index (PMI) which adjusted to 51.7 from a previous 54.0 in January. Despite this slight easing, the sector continued to demonstrate robust performance with sustained improvements across …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Uganda-European Union Business Forum has ended with promises from both sides to work towards improved economic and business relations. The three-day event saw deals worth about 200 million euro made, while of these, projects worth 14 million are already in the pipeline. The EU …
Read More »
Kampala, Uganda | THE INDEPENDENT | The European Union and Uganda have agreed on the need to increase trade and investments between them because the current environment is favorable. While the EU is Uganda’s largest single source of foreign direct investment and tourists, trade between the two is worth about 1.5 …
Read More »
Kampala, Uganda | THE INDEPENDENT | The Kenya Ports Authority has garnered praise from a cross-section of Kampala traders, for introducing Kargo Pay, a cutting-edge electronic payment system. This alternative cargo payment mode is set to revolutionize efficiency and expedite the settlement of port charges. One of the traders lauded the …
Read More »
Kampala, Uganda | THE INDEPENDENT | Scientists at Mulago National Referral Hospital are working to establish a fully-fledged organ transplant unit having successfully done Uganda’s first kidney transplant in December. However, the advance in health tech has come with fears of illegal transplantation considering that the demand for kidneys for instance …
Read More »
Trade experts recognize progress made but express dissatisfaction with existing trade and investment policies Kampala, Uganda | ISAAC KHISA | In the late 1990s, the Ugandan government came up with the idea of establishing specialized zones dedicated to industries, commonly known as industrial and business parks, where local and foreign investors would …
Read More »
BEIJING | Xinhua | China has remained Africa’s largest trading partner for 15 consecutive years, with bilateral trade reaching a record 282.1 billion U.S. dollars in 2023, a Ministry of Commerce official said on Wednesday. “Economic and trade cooperation is the ballast and propeller of China-Africa relations,” said Ministry of …
Read More »
Kampala, Uganda | THE INDEPENDENT | According to Isaac Otimgiw (NRM, Padyere County), the Cotton Development Organisation (CDO) set the purchasing price for a kilogramme of cotton at Shs2,300 as per the 2023 season, however, it is not being adhered to. “In Nebbi District, farmers are being offered prices as low …
Read More »
Kampala, Uganda | THE INDEPENDENT | Diamond Trust Bank Uganda and Kampala City Traders Association (KACITA) have entered a partnership to boost traders’ business with the sustainability aspect being top on the agenda. The partnership was announced at a news conference at KACITA Head offices in Kampala today. The partnership aims …
Read More »
The Independent Uganda: You get the Truth we Pay the Price