Tag Archives: Business

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. …

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 …

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 …

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 …

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 …

Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector continues to recover from the impact of the coronavirus pandemic (Covid-19) as business conditions improved in August after a near standstill of activities during the series of lockdowns between March and the end of May. The latest headline, Stanbic Purchase Managers …

Nairobi, Kenya | XINHUA | Kenyan President Uhuru Kenyatta on Friday established a framework for the management, coordination and integration of public port, railway and pipeline services under the Kenya Transport and Logistics Network (KTLN). In an Executive Order issued in Nairobi, Kenyatta said the network brings together Kenya Ports Authority …

Kampala, Uganda | THE INDEPENDENT | Confidence in the country’s business activities surged in July with business owners experiencing more demand for their goods after the country lifted much of the coronavirus restrictions, a survey has said. The Purchasing Managers’ Index (PMI) published monthly by Stanbic bank recorded a 50.3 …

Beijing, China | XINHUA | China’s recent acceleration in business reforms has helped the country become the top reformer among large economies, according to a report issued by the World Bank. Figures presented in the Doing Business 2020 report, the latest in a series of annual reports by the World …

Kampala, Uganda | THE INDEPENDENT | Pan-African lender, United Bank for Africa, Uganda, has appointed Chioma Mang as the new Chief Executive Officer to replace John Agoreyo. Agoreyo, who has been at the helm of the lender for the last four years, has seen UBA Uganda move from a loss …