Kampala, Uganda | THE INDEPENDENT | Exhibitor registrations for the inaugural Intra-African Trade Fair (IATF 2018) taking place in Cairo in December has reached 1,054, surpassing the target of 1,000 exhibitors set by the organisers, the African-Export Import Bank (Afreximbank) announced Tuesday in Cairo. The trade fair, which is being …
Read More »
Kampala, Uganda | JULIUS BUSINGE | In a bid to showcase opportunities, come December 6, Uganda will host the first Coffee and Tourism Symposium and Exposition at Golden Tulip Hotel in Kampala. It is being organised by Coffee Tourism Uganda, in collaboration with the Uganda Tourism Board (UTB) under the Ministry of …
Read More »
Madrid, Spain | AFP | China’s President Xi Jinping arrived in Spain on Tuesday for a business-focused state visit as Beijing, currently engaged in a trade war with the United States, seeks to strengthen ties with Europe. Xi accepted a bouquet of red flowers from children after disembarking from the …
Read More »
New study shows the industry is expected to register growth in the next five years Kampala, Uganda | JULIUS BUSINGE | Buyers of cement have a reason to smile as cement prices fall citing oversupply. A 50kg bag of cement is now trading at Shs 28,000 compared with Shs 38,000 …
Read More »
Analysts fear move will accumulate more debt for African countries Kampala, Uganda | RONALD MUSOKE | Africa could further sink into more debt if China goes ahead with plans to sell the continent’s debt to investors, starting next year, observers fear. Hong Kong Mortgage Corporation (HKMC), a leading Chinese banking conglomerate, …
Read More »
Arua, Uganda | THE INDEPENDENT | The central bank has cautioned the public against borrowing from unregulated bodies. Balaam Ssempala, the Deputy Director Deposit Protection Unit in the Central Bank says that in the event of liquidation or closure of such unregulated institutions, the depositor stands a high risk of …
Read More »
Kampala, Uganda | THE INDEPENDENT | MV Kalangala, the marine vessel plying Nakiwogo in Entebbe to Lutoboka landing site in Kalangala island has triggered complaints in the recent months ranging from inefficiency, overloading and engine defaults from travelers. Last week, Ministry of Works and Transport issued new guidelines to Nation …
Read More »
Riyadh, Saudi Arabia | AFP | Saudi energy giant Aramco has signed 31 agreements and memoranda of understandings worth $27.5 billion with local and international suppliers, CEO Amin Nasser said Monday. “We signed $27.5 billion (24 billion euros) in a total of 31 commercial collaborations,” Nasser said in a statement …
Read More »
Kampala, Uganda | IAN KATUSIIME | Tracy Akello and Rachael Kemigisha will have a memorable experience as they watch the Formula One Grand Prix live in Abu Dhabi, United Arab Emirates. The two are the first ladies among the lucky eight Ugandans who have always been selected to watch the …
Read More »
Poor money management skills blamed for the biting poverty Kampala, Uganda | THE INDEPENDENT | Teaching financial literacy to adult populations has got a lift with the unveiling of an online platform that will make financial education more interesting. SIMU Plus has partnered with Uganda Telecom for a roll-out of …
Read More »
The Independent Uganda: You get the Truth we Pay the Price