Business

Arusha, Tanzania | Xinhua | The East African business body has urged member states of the East African Community (EAC) to have a Single Air Transport Services Agreement aimed at lowering the cost of air tickets for both passengers and cargo in the region. The East African Business Council (EABC) said …

Kampala, Uganda | THE INDEPENDENT |  Ugandan shoppers are set to win up to sh150 million in free shopping and enjoy massive daily discounts as Carrefour celebrates three years in Uganda from 25th January, until 12th February 2023. To mark the occasion and growth, the retailer will check out 1,000 shopping …

Kampala, Uganda | THE INDEPENDENT | Alliance Française Kampala (AFK) on January 21st, organised an Open Day French market which was an opportunity to bring together the Uganda and French communities and give a glimpse into the languages and cultural programs at Alliance Francaise. The event started at 10:30am and ended …

Kampala, Uganda | THE INDEPENDENT | Britam Insurance Company (Uganda) Limited and Britam Asset Managers Company (Uganda) Limited executives have said, the company does not have any plans to exit the Ugandan market. This follows recent media reports about a possibility of the company exiting Uganda. “Britam Uganda is now looking …

  Kikuube, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni, whilst attending the Kingfisher drilling inauguration ceremony on Tuesday, has also witnessed the handover of the license to Construct the East African Crude Oil Pipeline (EACOP). The handover was done by the Minister of Energy and Mineral Development, (MEMD)  Ruth …

Kampala, Uganda | THE INDEPENDENT | Ecobank Uganda has extended in-kind funding of Shs1million to eight community change makers as part of its recently concluded digital campaign dubbed “12 days of Christmas,” under the festive season theme “A special thank you from us.” Grace Muliisa, the bank’s managing director said on …

At the current oil prices of about $87.5 per barrel, the Kingfisher project will account for about 15% of the total oil revenues to government from upstream, which is $6.9billion in total and $360million per year. Kikuube, Uganda | THE INDEPENDENT | President Yoweri Museveni has today launched the commencement …

The bank’s cautiously optimistic economic outlook is partly based on the expectation that China will continue to re-open after three years of strict Covid-19 policies Kampala, Uganda | Leo Komminoth | The African Development Bank predicts the continent’s growth will be a stronger-than-expected 4% this year, with China’s ending of strict Covid-19 …

Kampala, Uganda | THE INDEPENDENT | Airtel Uganda, has switched on 29 new masts in 12 districts as part of their commitment to deliver exceptional customer experience on the Airtel network that customers have been accustomed to according to Agarwal Rajesh, a director at Airtel. The additional masts are part of …

Kampala, Uganda | THE INDEPENDENT | Irene Nandyose, a business administration graduate from Makerere University Kampala loved knitting and crocheting during her free time on campus. And it is through this exercise that a business idea was hatched. But the business idea was only implemented in 2020 following training under the …