THE LAST WORD | ANDREW MWENDA | And so it was that on the morning of December 24th, while going through Instagram, I saw a post on the wall of Lucy Bunyenyezi (Smize) announcing the death of her uncle Ezra Bunyenyezi. For a brief moment I lost my balance. …
Read More »UN says private sector key to realize sustainability agenda in Africa
Nairobi, Kenya | Xinhua | African governments should leverage capital, technology and manpower from industry to hasten realization of sustainability agenda and pandemic recovery in the continent, a senior UN official said on Thursday. Amina J. Mohammed, UN Deputy secretary-general, said that targeted investments from Africa’s indigenous businesses are required to …
Read More »Pandemic accelerates transformation of investment landscape
New York, US | Xinhua | The almost year-long COVID-19 pandemic is transforming the investment landscape, with multiple long-term trends picking up speed. And the world is set to become more digitalized, automated and sustainability-sensitive as life style and economy undergo profound changes, according to experts and investment advisors. DIGITALIZATION DEEPENS …
Read More »Low business expectations around Kampala as festive season approaches
Kampala, Uganda | THE INDEPENDENT | There is less excitement and low expectations among the business community as the festive season approaches. Normally at such a time, downtown Kampala is a beehive of activities with several people stocking Christmas and New year goods. However, on the streets of Kampala, few have …
Read More »Bureaucracy, bribery major obstacles to Uganda’s competitiveness – Survey
Kampala, Uganda | THE INDEPENDENT | Entrepreneurs and prospective investors in Uganda are getting more concerned about long bureaucratic procedures in dealing with government, than they are concerned with corruption or bribery, according to a survey. The procedures involved when an investor wants to start up a business in Uganda, …
Read More »Gov’t policies could hurt economy – PSFU
Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation is concerned that the policies that the government is putting in place are likely to worsen the effects of the Covid 19 pandemic on the economic and social situations in the country. The Private Sector Foundation Uganda Chairman, Elly Karuhanga says …
Read More »Africa urged to embrace e-commerce to accelerate trade
Lusaka, Zambia | Xinhua | A virtual import and export conference and exhibition opened Tuesday with the Zambian government urging African countries to embrace e-commerce in order to accelerate trade. The two-day event, hosted by the Zambian government in collaboration with the private sector, is a flagship networking platform aimed …
Read More »Uganda’s economy on recovery trend
Kampala, Uganda | Xinhua | Uganda’s economy is on a recovery trend from the downturn caused by the COVID-19 pandemic, a new report by the ministry of finance showed Wednesday. The monthly performance report for October showed that for the fourth consecutive month, the Purchasing Managers’ Index (PMI) has …
Read More »Government urged to support women in markets
Kampala, Uganda | Julius Businge | Women of Uganda working in markets play an important role in moving the economy and catering for family basic needs. This is one basis that people advocating for improved working conditions for women in markets are fronting. Speaking at the 4th National Women Market Symposium …
Read More »Banda business community comply with police directives, remain closed
Kampala, Uganda | THE INDEPENDENT | Business operators in busy Banda area along Jinja road have adhered to police directives not to operate during the presidential nomination period. Sunday evening and Monday morning, police visited different businesses in Banda along Jinja road and asked them not to operate for the two …
Read More »