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In The Magazine

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COMESA to boost regional seed trade

Kampala, Uganda | THE INDEPENDENT | The Common Market for Eastern and Southern Africa, is set to introduce the use and distribution of seed labels and certificates as a way of improving access to quality seeds in the region. This is because more than 130 million people in the region …

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Uchumi Supermarkets’ losses increases

Kampala, Uganda | THE INDEPENDENT | Business seem to be worsening at the retail chain, Uchumi Supermarkets. Latest data shows that the retail chain recorded a 63.5% growth in net losses to US$8.95million for the half year ended Dec 2017 citing reduced sales. The listed company recorded a net loss …

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KAGAME: Focus on development

President Kagame pushes for delivery on development targets at leadership retreat Kampala, Uganda | THE INDEPENDENT | Rwandan President Paul Kagame’s key message at the opening of the country’s 15th National Leadership retreat (Umwiherero) at Gabiro in Gatsibo district was a call to leaders to deliver on the country’s development vision. …

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Kenya raises US$2bn in new Eurobond

Kampala, Uganda | THE INDEPENDENT |  On Feb 22, Kenya’s Treasury said it raised US$ 2 billion in a new sovereign bond issue listed at the London Stock Exchange (LSE). The Treasury said the Bond attracted a significant level of interest leading to over subscription. “This issue was seven times …

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