The new technology is meant to minimize pollution and conserve the environment Kampala, Uganda | THE INDEPENDENT | Uganda’s manufacturers are ready to invest in the emerging E-Mobility sub-sector but the government’s inconsistency in investment policies will derail progress, according to the Uganda Manufacturers Association Chairman, Deo Kayemba. Kayemba, who spoke …
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Kampala, Uganda | THE INDEPENDENT | In a bid to increase trade with South Africa and invites businessmen with interest in East Africa to consider exploring Uganda’s various business and investment opportunities, Uganda through the Uganda High Commission in Pretoria is inviting businesses to explore investment in sectors such as agribusiness, …
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Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA is set to host the first-ever Kampala Business and Investment Summit next month. The event is organized by KCCA and the African Center for Economic Dialogue- AfCED under the theme “Unlocking Financing and Investment for a Sustainable, Inclusive and Smart …
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Kampala, Uganda | PATRICIA AKANKWATSA | Goldstone Enterprise Consulting & Training Ltd, a consulting firm in Uganda, hosted a three-day Investment Readiness Training from May 3-5, 2023 at the 8 Winx Hotel in Ntinda. The training was designed to empower entrepreneurs with the tools and strategies needed to attract investment and …
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Addis Ababa, Ethiopia | Xinhua | Ethiopia anticipates increasing foreign direct investment from China, Ethiopian officials have said. Lelise Neme, commissioner of the Ethiopian Investment Commission, told Xinhua that her office has witnessed increasing investment requests from Chinese investors. “My expectation of the Chinese investment in Ethiopia would double shortly. We …
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Jinja, Uganda | THE INDEPENDENT | The commandant of UPDF’s land forces, Lt. Gen. Kayanja Muhanga, has challenged the leaders of Wazalendo Sacco, to invest more in the hospitality industry and real estate businesses, which will increase their profit returns. Wazalendo prides in a total membership of 91,000 people, comprising of …
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Kampala, Uganda | THE INDEPENDENT | On Feb.10, Adidas warned over the potential major impact on its profits of ending its partnership with rapper and fashion designer Kanye West last November. The firm’s new boss said it could lose hundreds of millions of dollars this year if it decides not to …
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Kampala, Uganda | ISAAC KHISA | Local telecommunication devices and airtime solutions provider Simba Telecom has confirmed plans to enhance its market presence and effectiveness by improving its retail distribution capacity. The Simba Group operating subsidiary, which is also integrated telecommunications firm MTN’s lead distribution partner, is investing about US$1,000,000 in …
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Kampala, Uganda | Xinhua | The United Nations Food and Agriculture Organization (FAO) has urged Uganda to repurpose public investment in agriculture to spur economic recovery in the face of the COVID-19 effects and the Russia-Ukraine conflict. A report, issued by the FAO late on Wednesday, said in the context of …
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The Bank’s investment portfolio improve 15% to Shs1.8tn | THE INDEPENDENT | Uganda Development Bank Ltd (UDB) has reported that it disbursed loans worth Shs237bn in the third quarter of 2022, lower than Shs333bn that was approved in the period under review, it said in a media release dated Oct.28. …
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