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Uganda – South Africa trade, tourism summit

Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …

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Airtel’s 5G Network

Kampala, Uganda | THE INDEPENDENT | On Feb.22, Airtel Uganda announced that their Smartphone Network is now ready for the trailblazing 5G technology. The development was announced at their Clement Hill office by the Managing Director, Manoj Murali. 5G is the 5th generation mobile network that enables a new kind of …

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Vivo Energy launches new campaign

Kampala, Uganda | THE INDEPENDENT | On Feb.22, Vivo Energy Uganda, the marketer and distributor of Shell fuels and lubricants launched a campaign called ‘Genda Okikube’ for drivers of commercial vehicles and public transportation that aims to support their ambition to succeed at their jobs. Through the campaign, the company, through its Shell …

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Oil and Gas companies shunning local Industry – Insurers

Kampala, Uganda | THE INDEPENDENT | The oil and gas companies snubbed Uganda’s insurance industry when importing drilling equipment, which would have raised premiums worth more than one trillion shillings, according to a claim. Specifically, they point at the four drilling rigs that have so far been shipped into the country, …

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Ethiopia earns over 400 mln USD from horticulture exports in first 7 months of fiscal year

Addis Ababa, Ethiopia  | Xinhua | Ethiopia earned 413.82 million U.S. dollars from horticulture exports in the first seven months of the current Ethiopian Fiscal Year 2022/2023 which started on July 8, an Ethiopian official said Thursday. The revenue amount was collected from the export of flowers, fruits and vegetables, Mekonen Solomon, horticulture …

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Uganda to host 10th EAC Petroleum Conference

Kampala, Uganda | THE INDEPENDENT | Uganda has yet another opportunity to showcase and market its petroleum potential as it hosts the 10th East African Petroleum Conference and Exhibition (EAPCE’23). The 10th edition of the conference (EAPCE’23) organized by all members of East Africa partner states and will take place between …

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UDB posts strong growth, supports economic recovery in 2022

   Bank forecasts economic rebound in 2023 Hoima, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB), the country’s national Development Finance Institution, has announced excellent results for 2022 reflecting strong investment in various businesses across the country, improved livelihoods and heavy support towards the economic recovery and resilience of Uganda. …

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