Business

Kampala, Uganda | THE INDEPENDENT | Expatriates could take only three days to secure clearance from the Petroleum Authority to allow them to be employed in the oil and gas sector. The Petroleum Authority in Uganda (PAU) has launched an Electronic Work Permit Recommendation System (EWPRS) to ease the process. …

Kampala, Uganda | THE INDEPENDENT |  At least sh740 million is saved annually by the Uganda police force through making its own uniforms. Irene Ameri Kimara, the Acting Deputy Director of logistics and engineering said ever since police started making their own uniforms, the money it saves has been tremendously …

Kampala, Uganda | THE INDEPENDENT | Tunga Nutrition, a leading provider of animal nutrition solutions, has announced the expansion of its operations with the opening of a new depot in Mukono, Uganda. Situated strategically to cater to the growing livestock population in the region, the Mukono depot will stock a …

Kampala, Uganda | JULIUS BUSINGE | The Insurance Regulatory Authority of Uganda has unveiled the 2023 insurance innovation awards for all players licensed by the Authority, including insurers, Health Membership Organisations, Brokers, Bancassurance Agents, Individual Agents and loss assessors. The Uganda Chief Executive Officer, Alhaj Kaddunabbi Ibrahim Lubega said on Nov.23 …

Verdant Capital has advised a leading United Kingdom (UK) private equity firm on the sale of Biyinzika Poultry International Limited Johannesburg, South Africa | THE INDEPENDENT |  Verdant Capital  has advised a leading UK private equity firm on the sale of Biyinzika Poultry International Limited (“BPIL”), a vertically integrated poultry …

Kampala, Uganda | THE INDEPENDENT | The Women Entrepreneurship for Africa (WE4A) programm for Uganda has concluded, with policymakers urged to ensure easier conditions for women to access affordable finance. The program, Women Entrepreneurship for Africa (WE4A), was financed to the tune of sh78 billion by the Tony Elumelu Foundation, …

Kampala, Uganda | THE INDEPENDENT | Africa 5G Summit, a prominent event within the sixth Southern Africa Mobile Broadband (MBB) VIP Salon, underscored the pivotal role of 5G in shaping Africa’s business landscape. Hosted by Huawei and held during AfricaCom, the continent’s largest technology conference, the summit convened industry leaders, government …

   Gulu, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB), the country’s Development Finance Institution (DFI) has recently launched its inaugural regional office situated in Gulu City aimed at serving Northern Uganda. Situated along Lower Church Hill Drive, the Gulu City office will act as a liaison point for …

Kampala, Uganda | THE INDEPENDENT  |Public-private partnerships are crucial to closing the financing gap for infrastructure development in Africa, and governments and the private sector should work together to create effective PPPs, said Dr Robert Lisinge, Acting Director of the Private Sector Development and Finance Division at the UN Economic …

Kampala, Uganda | THE INDEPENDENT | The rehabilitation of the Kampala-Namanve railway is finally entering the last phase. This stretch, which is part of the Kampala-Mukono line was scheduled for completion in September, but “unforeseen circumstances” delayed it, according to John Linonn Sengendo, the Uganda Railways Corporation (URC) spokesman. He said, …