Merchants in landlocked countries face the highest container deposit rates, typically around US$5,000 per container, due to extended turnaround times ANALYSIS | ISAAC KHISA | Africa’s multi-lateral lender, the African Export-Import Bank, has forged a partnership with BSMART Technology Ltd to extend the Afreximbank African Collaborative Transit Guarantee Scheme (AACTGS) to …

Illicit cigarettes remains a big headache the tobacco distributor in Uganda Kampala Uganda | JULIUS BUSINGE | Shareholders of British American Tobacco Uganda Limited will receive Shs 8.9 billion as dividend, equivalent to Shs 181 per ordinary share, following approval at the 24th Annual General Meeting held at Sheraton Kampala Hotel. …

This the largest dividend the fund has earned from a listed company in the region this year Kampala, Uganda | THE INDEPENDENT | Uganda’s National Social Security Fund (NSSF) has accrued Shs 80.6 billion from its investment in telecom firm, MTN Uganda, over the past three years. This follows the latest …

ARUSHA, Tanzania | Xinhua | Experts on Sunday renewed their calls for the East African Community (EAC) Council of Ministers to expedite amendments to the EAC Treaty to enable Kiswahili as the regional bloc’s official language. In a statement from the EAC headquarters in Arusha Monday, experts urged all member …

Afreximbank and ITC will develop detailed profiles of sectors in both regions to map out promising value chains and identify growth barriers and requirements ANALYSIS | THE INDEPENDENT | Trade between Africa and the Caribbean could soar to $1.8 billion annually by 2028, provided that value addition, trade facilitation, and enhanced …

PARIS, FRANCE | TASS | French President Emmanuel Macron has refused to accept the resignation of the republic’s Prime Minister Gabriel Attal, the AFP news agency reported, citing the Elysee Palace. According to it, the head of state asked the prime minister to temporarily stay in office to ensure stability in the …

KAMPALA, Uganda | Xinhua | Indian players dominated the Uganda Para-Badminton International 2024 held here from July 2-7. India’s Jatin Azad defeated Ibrahim Aliyev of Azerbaijan 21-14, 21-16 in the men’s singles SU5 final, while Arati Janoba Patil of India won over her compatriot Latika Latika 21-16, 21-15 in the …

International expert mission reviews exploration plan to domestic nuclear power ANALYSIS | AGENCIES | A team of international uranium power experts has concluded an inaugural review of a Uganda’s uranium production cycle. Led by experts from the International Atomic Energy Agency (IAEA), the mission assessed the country’s capabilities to develop their …

Why and what can be done about it to reverse the trend going forward ANALYSIS | DANNY BRADLOW | The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which …

Ignoring humanitarian need is worsening suffering, fueling instability, and prolonging conflicts ANALYSIS | RONALD MUSOKE | For millions of people in conflict-ridden countries, their world is collapsing as the international neglect of life-saving aid reaches alarming levels, humanitarian agencies have warned. “I have never before seen such a glaring gap between …