Business

CSOs want government to control debt, increase budget for key social sectors Kampala, Uganda | JULIUS BUSINGE | Civil society organisations under their umbrella body, Civil Society Budget Advocacy Group (CSBAG) have listed a number of concerns that they would like the government to pay attention to as it debates …

UCDA is hopeful that farmers will reap more in 2020 Kampala, Uganda | ISAAC KHISA | Latest figures indicate that Uganda’s coffee export earnings dropped in 2018/19 season (October-September) but the regulator is optimistic that the industry performance will rebound in 2019/20 season. Coffee, the country’s second largest commodity export …

  Malaba, Uganda | THE INDEPENDENT | A Sudanese national has been arrested trying to cross into Uganda from Kenya with material that Uganda Revenue Authority believes is for making fake US dollars. The suspect, Duach Chuol Kaylech Toang, was held after his luggage at Malaba One Stop Border Post (OSBP) …

Kampala, Uganda | THE INDEPENDENT  |  Uganda will be signing several bilateral air service agreements with different countries, a move that would give her access to the air space of more countries. According to a brief on Tuesday of what transpired in cabinet, “the agreements will put Uganda at equal legal …

UK puts visas into pitch for post-Brexit trade with Africa London, United Kingdom | AFP | Prime Minister Boris Johnson told African leaders Monday that Britain would be more open to migrants from their continent after Brexit as he hosted a summit intended to boost trading ties. He also promised …

London, UK | THE INDEPENDENT | Uganda’s beef will be given ”space’ on the United Kingdom market, British Prime Minister Boris Johnson has promised. Addressing the UK-Africa investment summit in London today morning, Johnson displayed unusual charm to the African leaders, underlining the need for closer business with the UK. …

Davos, Switzerland | AFP |  The number of billionaires has doubled in the past decade and the world’s 22 richest men now have more wealth than all the women in Africa, Oxfam said Monday in an appeal to the Davos elite to get serious about inequality. “Our broken economies are …

Vancouver, Canada | AFP | A senior Huawei executive whose arrest in Vancouver led to a breakdown in Canada-China relations headed to court on Monday to fight extradition to the United States. Meng Wanzhou, the company’s chief financial officer and eldest daughter of its founder Ren Zhengfei, is wanted by …

Kampala, Uganda | THE INDEPENDENT |  The Uganda Police together with Uganda Communications Commission have apprehended eight people suspected to be engaged in SIM boxing electronic fraud.  SIM boxing is a practice in telecommunications whereby a person or group of people set-up a device that can take up several SIM …

Luanda, Angola | AFP |  Angola’s former president Jose Eduardo dos Santos has denied links to alleged public company embezzlement during his rule, in his first response to corruption investigators last month freezing his daughter’s assets. Isabel dos Santos, the ex-president’s billionaire first-born, has been the target of an anti-corruption …