EAC remains the biggest market for Kenya’s value-added products such as Cement, Palm oil, Coated Flat-rolled Iron, Soap, Machinery Kampala, Uganda | THE INDEPENDENT |Kenya’s decision to conclude negotiations for an Economic Partnership Agreement (EPA) with the European Union has sparked verbal fights with civil society organisations saying the deal …
Read More »Modern fish feed plant in Njeru
Makers of Koudijs break ground on 50,000 tonnes aquafeed plant Kampala, Uganda | AGENCIES | De Heus Animal Nutrition broke ground for a state-of-the-art dedicated aquafeed plant in Njeru, near Jinja in central Uganda. The plant will be able to produce 50,000 tonnes of fish feed per year, meeting the growing …
Read More »Funds locked up in commercial courts rise to Shs8trillion
Kampala, Uganda | PATRICIA AKANKWATSA | Funds locked up in Uganda’s commercial courts as a result of financial disputes have risen to Shs 8 trillion negatively impacting investments, according to the Justice and Constitutional Affairs Minister, Norbert Mao. In 2021, the funds locked up in unresolved disputes before Commercial Court Division …
Read More »Five African multinational commercial banking groups embrace PAPSS payment platform
The adoption of PAPSS’s cutting-edge settlement model will streamline operations and empower businesses across Africa Kampala, Uganda | THE INDEPENDENT | Five African multinational commercial banking groups including KCB Group, Standard Bank Group, UBA Group, Ecobank Group and Access Bank Group have signed a Memorandum of Understanding with Afreximbank’s Pan-African Payment …
Read More »World Bank: Uganda needs reforms in the tourism sector as the economy grows 5.7% in FY 22/23
Per capita income increased to about US$930 for FY21/22, edging closer to the lower-middle-income threshold Kampala, Uganda | JULIUS BUSINGE | Uganda’s economic activity is accelerating despite commodity-price inflation, global monetary tightening, international supply-chain bottlenecks, and a local Ebola outbreak, according to the World Bank’s 21st Edition of the Uganda Economic …
Read More »PAEB releases May exam results for accountant students
Kampala, Uganda | JULIUS BUSINGE |The Public Accountants Examinations Board (PAEB) of the Institute of Certified Public Accountants of Uganda (ICPAU) on June 26 released the results of the May 2023 examinations. The examinations were conducted from May 29 – June 2 at seven examination centres namely – Arua, Fort …
Read More »Is climate change fueling Uganda’s malaria burden?
Kampala, Uganda | RONALD MUSOKE | Even though the government has over the past couple of decades masterminded a wide-range of interventions in its fight against malaria, one of the deadliest diseases on earth, Uganda remains the third most affected country in the world according to data from the UN’s World …
Read More »RwandAir starts first-ever flights to Paris
Kampala, Uganda | THE INDEPENDENT | On June 27, RwandAir launched new direct flights to the popular city of Paris for the first time. Now customers can fly with RwandAir as the only direct service between Rwanda and France as the airline accelerates its ambitious growth strategy and adds a 25th …
Read More »Uganda to connect refugees to fast internet
Kampala, Uganda | THE INDEPENDENT | The Ugandan government partnered with the World Bank to launch the Universal Digital Acceleration Program to provide Internet access to Uganda’s refugee communities. Uganda is one of the top countries in the world for hosting refugees, with the most refugees recorded in all of Africa. …
Read More »French Embassy invests in Uganda’s creative future
Kampala, Uganda | THE INDEPENDENT | The Embassy of France in Uganda contributed Shs180 million to support young Ugandan content creators in the design and production of digital media. This was through a partnership with the Media Challenge Initiative (MCI), a nonprofit youth media development organization. The initiative, titled “Supporting Young …
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