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 »Covid-19: Absa Bank Uganda, IFC to train 300 Ugandan SMEs
Kampala, Uganda | Julius Businge | Absa Bank Uganda and International Finance Corporation, a member of the World Bank Group, have partnered to train over 300 Ugandan small and medium-sized enterprises to help them assess business risks, adapt their business models, and navigate the difficult operating environment caused by COVID-19 pandemic. …
Read More »How businesses can survive Post-COVID
How to win back lost customers and drive new loyalty COMMENT | Nellie Mwandha | At the start of this year, while the coronavirus was ravaging the foundations and systems of the world, there’s no part of our core as the human race that was not tested and suffocated in the …
Read More »African countries urged to remove non-tariff barriers to realize AfCFTA
Addis Ababa, Ethiopia | XINHUA | The African Union (AU) Commission on Sunday called for addressing non-tariff barriers in order to realize the major aspirations of the African Continental Free Trade Area (AfCFTA) Agreement. “The African continent is about to become the world’s largest free trade area. If not addressed, non-tariff …
Read More »High business collapse trailing Uganda’s economy
Kampala, Uganda | THE INDEPENDENT | Knowledge gaps and the high costs of doing business remain a major hindrance to Uganda’s economic growth as most business enterprises started in the country do not survive beyond their first birthday. Ronnie Mulongo, manager Private Sector Foundation Uganda (PSFU) says that some entrepreneurs lack …
Read More »Delayed opening of education institutions killing Makerere businesses
Kampala, Uganda | THE INDEPENDENT | Residents of Makerere-Kikoni a Kampala suburb that borders the western part of Makerere University are shedding fresh tears after their hopes of resuming business were dashed by government’s denial that education institutions would soon open. The government’s denial of allegations of reopening of schools …
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