Without sustainable growth of its livestock sector, the continent is expected to import up to a fifth of meat and milk within the next 30 years | THE INDEPENDENT | Africa will be unable to meet demand for meat and milk by 2050 and benefit from growth in the livestock …
Read More »Africa free trade area to create new opportunities for China-Africa cooperation: expert
Addis Ababa, Ethiopia | XINHUA | The African Continental Free Trade Area (AfCFTA) will create new opportunities for China-Africa cooperation, an Ethiopian expert said on Tuesday. Speaking to Xinhua, Gedion Jalata, a senior advisor to the UNDP South- South Cooperation and a former consultant to UNECA-Capacity Development Division, said the …
Read More »Technology and internet connectivity revolutionizes Pay- TV offering
COMMENT | Hassan Saleh | Globally, Pay-TV has from time to time continued to evolve, a change which can be greatly attributed to the advancement in technology and the demand to serve a dynamic audience that seeks out for content that captures their interests and preferences when it comes to …
Read More »Making money after COVID-19 pandemic
Knight Frank’s virtual meeting gives ideas to business operators Kampala, Uganda | JULIUS BUSINGE | There is life after COVID-19. Business owners should think about adjusting their mode of operations to serve their clients better if they are survive. These are general views that came up during a discussion about …
Read More »2019: Bad year for Uganda Clays
Company executives explain cause of Shs88million loss Kampala, Uganda | JULIUS BUSINGE | Uganda Clays Limited, a clay building materials manufacturer has recorded Shs88million loss for the year 2019 as opposed to the net profit of Shs1.9bn in 2018. According to the company’s financial statements released on July 17, total …
Read More »Market operators protest against street vendors in Jinja
Jinja, Uganda | THE INDEPENDENT | Traders from Jinja Central Market are demonstrating against the presence of street vendors outside the market. The traders say that they no longer receive clients as customers prefer to purchase items outside the market. They also accuse Jinja city authorities of failing to block operations …
Read More »Mobile phones start offering third party insurance
The new technology extends relief to insurers to curb industry fraud Kampala, Uganda | ISAAC KHISA | For many years, Uganda’s insurance firms have failed to grow the Motor Third Party Insurance business amidst a surge in the number of vehicles on the roads as a section of motorists resorted …
Read More »Kenyan firm to buy orient bank Uganda
Kampala, Uganda | THE INDEPENDENT | I&M Holdings Limited, the owners of I&M Bank Kenya, have announced that they have reached an agreement to buy 90 per cent of Orient Bank Limited Uganda. According to a letter to shareholders, I&M Holdings announces that; “I&M Holdings Plc agreed with shareholders of Orient …
Read More »Delayed implementation of sugar act bothers manufacturers
Jinja, Uganda | THE INDEPENDENT | The Uganda Sugar Manufacturers’ Association is displeased over delays in implementation of the recently enacted sugar act. The act was signed by the President in April, after four years of push and pull between the executive and the legislature. The Sugar Act seeks to provide …
Read More »Resumption of commuter train services delayed further
Kampala, Uganda | THE INDEPENDENT | The Uganda Railways Corporation (URC) has said the passenger train services will probably resume in early September as the entity establishes standard operating procedures. Since it halted operations in March this year, the Corporation said that it was still studying the possibility of resuming operations …
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