Trade experts recognize progress made but express dissatisfaction with existing trade and investment policies Kampala, Uganda | ISAAC KHISA | In the late 1990s, the Ugandan government came up with the idea of establishing specialized zones dedicated to industries, commonly known as industrial and business parks, where local and foreign investors would …
Read More »
Jinja, Uganda | THE INDEPENDENT | The Minister of state for trade, industry and cooperatives, David Bahati has assured farmers of stable prices in the newly tabled sugar amendment act. While addressing journalists in Jinja city on Saturday, Bahati says the existing sugar act had depicted sugarcane prices to be dependent …
Read More »
BEIJING | Xinhua | China has remained Africa’s largest trading partner for 15 consecutive years, with bilateral trade reaching a record 282.1 billion U.S. dollars in 2023, a Ministry of Commerce official said on Wednesday. “Economic and trade cooperation is the ballast and propeller of China-Africa relations,” said Ministry of …
Read More »
Kampala, Uganda | THE INDEPENDENT | The State House Investors Protection Unit (SHIPU) has been asked to rein in investors and government officials who break laws and investment procedures. This was during a meeting between the Head of the State House Investors Protection Unit, Col. Edith Nakalema, and communication officers …
Read More »
Johannesburg, South Africa | THE INDEPENDENT | Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with the official launch event in Beijing, scheduled for 8 May 2024. At a …
Read More »
Experts Speak out on Low Sugar Prices in Uganda Kampala, Uganda | THE INDEPENDENT | The price of sugar on the Ugandan market has dropped from Sh5,500 to Sh5,000, bringing a smile to consumers but sleepless nights to sugarcane farmers. The now low price of sugar has compelled sugar factories …
Read More »
ANALYSIS | SARA BYALA | A new book called Bottled: How Coca-Cola Became African tells the story of how the world’s most famous carbonated drink conquered the continent. It’s a tale of marketing gumption and high politics and is the product of years of research by critical writing lecturer Sara Byala, …
Read More »
Kampala, Uganda | THE INDEPENDENT | Enterprises and other organisations in Uganda are now able to build their data centres and reduce business costs, instead of relying on service providers. This development will enable companies, government agencies or any institutions to save as much as 45 per cent of the costs …
Read More »
Industry revenues are projected to reach a historic high of $964 billion ANALYSIS | AGENCIES | The profits projected for airlines in 2024 are expected to stabilize, despite net profitability forecasted to be well below the cost of capital, according to the International Air Transport Association (IATA). Industry insiders anticipate that …
Read More »Kampala, Uganda | THE INDEPENDENT | Centenary Bank has shown its committment to deliver innovative and customer-centric banking solutions by announcing the launch of its latest innovation, CenteWhatsApp banking. This pioneering service is designed to provide customers with convenient and secure access to a wide range of banking services directly …
Read More »
The Independent Uganda: You get the Truth we Pay the Price