Business

Cairo, Egypt | XINHUA | Egyptian President Abdel-Fattah al-Sisi stressed on Wednesday that “all choices are open” in dealing with the disputed Grand Ethiopian Renaissance Dam (GERD). “Don’t touch a drop of Egypt’s water,” Sisi said during the inauguration of an integrated complex for secure and smart documents in Cairo. …

Kampala, Uganda |  THE INDEPENDENT |  The Ministry of Finance has proposed a license fee of 200,000 Shillings on all car owners as part of the revenue measures to fund the 2021/2022 budget.  State Minister of Finance David Bahati says that the move is intended to streamline the transport sector …

  Kabale, Uganda |  THE INDEPENDENT |  Charcoal prices in Kabale district have shot up in the past one months.   A sack of charcoal that was once sold at 20,000 Shillings now costs 32,000 Shillings.  Annet Kyomuhendo, a charcoal dealer in Kigongi in Central division Kabale municipality says that she …

Ugandan private companies post successive rise in business activity during March ✳ Key findings ➡ Rising new orders support further output growth ➡ Firms optimistic of further increases in coming months ➡ Higher purchase prices recorded Kampala, Uganda | THE INDEPENDENT | There are signs that the Ugandan economy is gradually …

GOtv value bouquet customers get more offers Kampala, Uganda | THE INDEPENDENT |  After a successful two-month ‘Tumbiiza GOtv’ campaign that had decoder prices dropped by 23%, MultiChoice Uganda have today announced a ‘Closer Together’ campaign offering that will give GOtv Value Customers more choices of entertaining content. Speaking at the launch …

Kampala, Uganda |  THE INDEPENDENT |  Xsabo Group says they plan to build another three projects, which will bring the number to five plants with a total installed capacity of 150 MW, worth a total investment of 735 Billion Shillings. The company received funding for the Mubende project worth 63 …

However, the stakeholder sensitization will be key to the success of the exercise Kampala, Uganda | ISAAC KHISA | Uganda is set to rollout the second round of grading and classification of hotels and other tourism facilities to boost their competitiveness in the east African region. Lily Ajarova, the Chief …

Kampala, Uganda |  THE INDEPENDENT |  The Ministry of Defense and Veterans Affairs is seeking up to sh6.3 trillion to finance its budget for financial year 2021/2022. This was revealed by the Minister for Defense and Veterans Affairs Adolf Mwesige who said that Government has failed to raise Uganda shillings …

Come to us for credit support, dfcu bosses tell road sector players Kampala, Uganda | JULIUS BUSINGE | Road contractors should consider partnering with financial institutions to increase their chances of winning while bidding for big projects, according to dfcu Bank Executive Director and Chief Commercial Officer, William Sekabembe. “We …

Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has launched an end-to-end digitalized trading platform dubbed “Quantum Trade” to enable its customers access import letters of credit and domestic guarantees quickly within few hours, it said on April 06. The online platform will facilitate trade and allow customers receive …