Business

Egypt, Sharm El-Sheikh | BIRD AGENCY | The recent World Bank report urges African countries to increase their investment in climate adaptation lest they miss out on their development goals. As African nations push for more climate financing at the ongoing COP 27, a series of reports by the World Bank underscores the …

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda is confident that its recent policies against rising inflation and foreign exchange are beginning to bear fruit, through external challenges remain. The country faced a spiral in inflation over the last nine months, which rose from less than 3 percent in february …

Masaka, Uganda | THE INDEPENDENT | All roads will lead to Masaka City’s Liberation Ground November 23 for over 5,000 farmers in the region as the Uganda Veterinary Association (UVA) hosts a free 3-day exhibition and farmers training. The even will start with an exhibition of the complete livestock value …

A farmgate price of Shs 11,640 per kilo of parchment coffee, is “needed to enable living incomes for Arabica coffee farmers | THE INDEPENDENT | Fairtrade International has unveiled a living-income reference price for arabica coffee in Uganda, part of a broader effort to boost incomes for smallholder coffee farmers …

The policy frames these mega-projects as key to attracting the private sector interest needed to fuel economic growth, increase exports and alleviate poverty | GEDIMINAS LESUTIS | People’s responses to large infrastructure projects – railways, bridges, highways – are rarely neutral. To some, these projects represent powerful social and political …

The company manufactures antiretrovirals, artemisinin-based combination therapies (ACTs) and Hepatitis medicines to treat HIV/AIDS, malaria and Hepatitis | THE INDEPENDENT | Cipla Qaulity Chemicals Ltd, the East African nation’s drug manufacturer, has said net profits surged nearly five times to Shs 13.9 billion for the six months ending September driven …

MTN Uganda has declared an interim dividend of Shs 5.4 per share, a total of Shs 120.9billion, after its net profit surges 21% to Shs 292.7billion for the nine months ending 30th September 2022. | THE INDEPENDENT | This is the second time that MTN Uganda has declared interim dividends …

Dar es Salaam, Tanzania | Xinhua | The East African Business Council (EABC) has called for setting up of fresh produce consolidation centers across East African Community (EAC) countries and improve transport interconnectivity in order to boost export volumes and competitiveness. John Bosco Kalisa, the EABC chief executive officer, made the …

Istanbul, Turkey | XINHUA | Chinese companies from a wide array of sectors have received “intense attention” at an international trade expo being held in Türkiye’s biggest city Istanbul, a Turkish business leader said on Friday. A total of 32 Chinese companies and business groups have participated the Independent Industrialists …

Kampala, Uganda | THE INDEPENDENT | The Committee on Trade, Tourism and Industry has said that it will move the protection law aimed at protecting consumers from false advertisement, predatory pricing and substandard products. According to the Chairperson of the Committee,  Mwine Mpaka, although there are several laws in the …