Business

African banks, including central banks, have been quick to appraise the situation in the wake of the lockdowns induced by Covid-19 and most have put mitigating measures in place. These, writes Neil Ford, will go a long way to reducing the impact of the inevitable loss of business across the board. | …

Pader, Uganda |  THE INDEPENDENT |  Heavy rains in parts of Pader district have worsened am already poor road network in the area leaving some of the roads nearly impassable for motorists. Pajule Sub-county Chairperson Brilliant Tito Okello, who is also the Roads Committee chairperson says that many community access and …

TOURISM: ‘Uganda cannot just sit back and wait for the crisis to be over’ Kampala, Uganda | RONALD MUSOKE | If the COVID-19 pandemic didn’t happen this year, this was supposed to be a “super year” for Uganda’s tourism industry. “By November, last year, we already knew that we would …

Uganda Coffee stats 📌 Exports FY 2019/2020 ✳ Record 5.06 million bags 📌 Earnings FY 2019/2020 ✳ 2nd Highest earnings ever- $494 million (Sh 1.8 trillion) Kampala, Uganda | THE INDEPENDENT | Uganda strengthened her position as Africa’s top coffee exporter with a record 5.06 million (60kg) bags in the financial year …

Arusha, Tanzania | THE INDEPENDENT | The East African Business Council (EABC) has called for an East African Community (EAC) coordinated approach on the resumption of regional air services. The EABC in a statement warned that differences will frustrate efforts to spur intra-EAC trade and revive the tourism and hospitality …

Gulu, Uganda |  THE INDEPENDENT |  Hundreds of Olailong market vendors in Layibi-Bardege Division in Gulu City on Friday defied the Ministry of Health`s guidelines on Covid-19 following a visit by Betty Aol Ocan, the Leader of Opposition in Parliament.   Aol who is also the Gulu district Woman Member of Parliament …

  Nairobi, Kenya | THE INDEPENDENT | Kenya will re-open its airspace to international flights on August one for priority and authorized airlines and travelers. Uganda is one of only 19 countries that have been authorized to fly into Kenya. Travelers from the 19 countries who do not have symptoms …

Kampala, Uganda | THE INDEPENDENT | More Ugandans are buying insurance through their banks as the channels have boosted confidence in insurance, players have said. Official figures show an upward curve of insurance products through banks, which is technically known as bancassurance. It started in Uganda in 2017 after the amendment …

Hoima, Uganda | THE INDEPENDENT | Fishermen on Lake Kyoga have been exempted from taxes for six months, the Minister of State for Fisheries Helen Adoa has confirmed. This follows the resumption of fishing operations in Lake Kyoga after they were banned in January. The fishermen are supposed to pay …

Kampala, Uganda | THE INDEPENDENT | A study of prices of coffee in the international market has found that African farmers are earning less money compared to producers in other jurisdictions like Brazil, Colombia, and India. The study looked at prices paid between 2000 and 2018. It notes that the …