SPECIAL FEATURE | BUSINESS | Starting a business is no easy task. There are so many things to consider – from the initial planning stages to marketing and advertising your business, to maintaining it once it’s up and running. One of the most important aspects of starting a business is …
Read More »IN THE INDEPENDENT: European bias against EACOP
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY European bias against EACOP: Don’t dismiss it. Disprove it THE LAST WORD Inside Museveni’s private favours: How the president’s approach of allocating favours to individual firms has undermined the development of a robust …
Read More »East African businessmen look forward to Ruto Presidency
Kampala, Uganda | THE INDEPENDENT | The ascendency of William Ruto to the presidency of Kenya has raised speculation, and hope, among the people of the East African Community, for better trade and economic relations within the region. The business community will for long remember the troubles that they have faced …
Read More »RapidCollect enables businesses to collect payments across Africa with one account
Kampala, Uganda | PATRICIA AKANKWATSA | Ecobank Group has simplified collections across Africa through RapidCollect. RapidCollect enables Ecobank’s business customers to receive payments from their clients in their home country and across Ecobank’s network of 33 affiliates, instantly and at a lower cost than any other current cross-border solution. RapidCollect …
Read More »PDM cash to go direct to SACCOS
Kampala, Uganda | THE INDEPENDENT | In a bid to curb the embezzlement of the Parish Development Model (PDM) funds, the government will start disbursing the revolving funds directly to Sacco group accounts. The parish Revolving fund is a capitalization grant from the government to SACCOs meant for lending to …
Read More »Ethiopia earns over $560 million from gold exports in 2021/2022 fiscal year
Addis Ababa, Ethiopia | Xinhua | Ethiopia has earned more than 560 million U.S. dollars in revenue from gold exports during the last Ethiopian 2021/2022 fiscal year, which ended on July 7, an Ethiopian official said Wednesday. State Minister of Ethiopia Ministry of Mines Thomas Tut said the bulk of …
Read More »Ghana launches AfCFTA hub to facilitate businesses
Accra, Ghana | Xinhua | Ghana launched its African Continental Free Trade Area (AfCFTA) hub Monday to increase local participation in the continent-wide free trade and facilitate businesses. “The AfCFTA hub is the principal tool for aligning Ghana’s own wide-ranging digitalization policy with the various opportunities presented by AfCFTA,” said Minister …
Read More »Court halts eviction of business operators in Makerere
Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has issued an interim injunction restraining Makerere University from evicting hundreds of people who operate different businesses within the institution. According Civil Division Judge Boniface Wamala, his order will be in force pending the determination of the main application for …
Read More »Business owners seek judicial review on eviction notice from Makerere
Kampala, Uganda | THE INDEPENDENT | Several private business operators at Makerere University have petitioned the High Court to quash a decision by the administration to evict them. Through their umbrella body, the Makerere University Business Owners Association, they are challenging the eviction notice issued by the university on July 1st, …
Read More »Businesses operating within Makerere University premises face eviction
Kampala, Uganda | THE INDEPENDENT | Makerere University has ordered all businesses to vacate campus premises. Citing a resolution by the Makerere University Council, the Acting Deputy Vice-Chancellor in charge of Finance and Administration wrote on the 1st of July directing that all vendors and business owners are required to cease …
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