Tag Archives: Business

Gulu, Uganda | THE INDEPENDENT | Just four days after Gulu City council authorities launched a mass eviction of individuals conducting businesses in ungazetted spaces, normalcy appears to have returned on the major streets within the city center and the Main Market. Pedestrian walkways and pavements on major streets of …

Nairobi, Kenya | Xinhua | The Russia-Ukraine conflict is hurting the performance of East Africa’s business community due to the rising prices of key commodities, the regional apex lobby said Tuesday. John Bosco Kalisa, the chief executive officer of the East African Business Council (EABC), told journalists in Nairobi, the capital …

Nairobi, Kenya | THE INDEPENDENT | The private sector has blamed the banking industry in the East African Community for doing little to promote trade and investment, which has kept the region’s development slow. The investors say banks have not helped them access the financing needed to boost trade to catch …

Kampala, Uganda | THE INDEPENDENT | Business has picked up this morning at Namugongo Martyrs shrine according to traders. The most sought-after items include jerry cans, scarfs, rosaries, and other religious items. By 9:00am in the morning, a number of pilgrims were seen buying jerrycans costing between 1,000 and 3,000 Shillings …

Cellulant processes $300,000 worth of payments daily in Uganda and facilitates $1b in transaction volume every month across different payment channels in Africa. Kampala, Uganda | THE INDEPENDENT | Cellulant, Africa’s leading payments company, won the Award for Excellence in Embedded Fintech at the 7th edition of the Africa Fintech …

  NEWS ANALYSIS | BAKER BATTE – URN |  On Friday, May 13, 2022, Muwema & Company Advocates and Solicitors asked Monitor Publications to retract a story stating that High Court Judge, Musa Ssekaana had asked the Uganda Registration Services Bureau-URSB to consider documents in the Simba Telecom takeover. In …

  Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines made about Sh7.6 billion in the first three months of the year.  The money was collected from ten chartered flights. Six flights were paid for by mainly private clients to Mogadishu, Somalia while three were hired for the First Son Gen …

Kampala, Uganda | THE INDEPENDENT | A total of 60 decision-makers from 46 Small and Medium-sized Enterprises have graduated from the pandemic-response online Business Continuity and Survival Training that was organized by the Employment and Skills for Development in Africa Programme (E4D) in September 2020. The E4D programme is commissioned by …

COMMENT | Michael Jjingo | True! Even as COVID-19 is easing out, after ravaging several sectors, the thought of being an entrepreneur and running a successful business remains the dream of every ambitious young person. However, when it comes to laying down the foundation of a business, a lot goes into …

Washington, U.S. | Xinhua | While U.S. President Joe Biden has vowed to keep businesses and schools open, some experts wonder if that’s possible given the high infectious nature of Omicron and the lack of adequate measures to combat it, The Guardian said in a recent report. “The economy cannot stay …