Nebbi, Uganda | THE INDEPENDENT | Local investors in West Nile are demanding that the government improves the poor state of roads if the sub region is to become a key investment hub. The Investors made the appeal in Nebbi district, during the first West Nile investment summit organized by …
Read More »Ugandans can now invest in global companies with as little as $1
Kampala Uganda | THE INDEPENDENT | Chipper Cash has today launched a product that will enable Ugandans invest in publicly traded global companies like Amazon, Tesla or Facebook. The launch of the Chipper’s Global Stocks Investing product makes it the first company to offer fractional stock investing in Uganda. The African fintech …
Read More »EAC experts to identify investment incentives for antibiotics production
Dar es Salaam, Tanzania | Xinhua |Â Experts from the member states of the East African Community (EAC) on Wednesday began a two-day meeting aimed at identifying investment incentives for antibiotics production in the region. Jean Baptiste Havugimana, the EAC director of Productive Sectors, told the meeting in Tanzania’s northern city …
Read More »Aim for financial independence, as you mark Independence Day
As the theme for the national 59th independence says, secure the future through mindset change. You cannot attain financial independence in retirement if you don’t plan and work for it today. COMMENT | Lydia Mirembe | As we celebrate our 59th National Independence anniversary, it is a good time to …
Read More »Investment authority, UPDF in joint construction of industrial parks
Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority (UIA) has partnered with the Uganda Peoples Defence Forces (UPDF) to construct 25 industrial parks across Uganda. The partnership was Thursday formally announced in a meeting between UIA’s Director General Robert Mukiza and the Managing Director of National Enterprise Corporation (NEC), Lt …
Read More »Experts warn unrest in South Africa could deter investors, worsen food insecurity
Johannesburg, South Africa | Xinhua |Â The looting of shops, burning of trucks, and destruction of property in South Africa following the jailing of former South African President Jacob Zuma could discourage potential investors from investing in the country and worsen food insecurity, experts have warned. “The Minerals Council South …
Read More »Institutional buying drives up Bitcoin prices, drawing overvaluation concerns
People are looking for a storehouse of value or investment assets which could appreciate under the circumstance of high inflation and debt New York, U.S. | Xinhua |Â The recent embracement of cryptocurrency Bitcoin by multiple enterprises and investment firms greatly inflated Bitcoin prices, with market capitalization of Bitcoin topping 1 …
Read More »Lango Cooperative Union to lease land to German investor
Kampala, Uganda | THE INDEPENDENT |Â Lango Cooperative Union leaders are in talks with Smaz-Group, a German investor to lease some of its land to boost investment in the region. The land measuring 1,165 hectares is located at Angayiki village, Chawente sub county in Kwania district. The land will be leased …
Read More »Oil final investment decision expected by end of March -Minister
Kampala, Uganda | THE INDEPENDENT |  The Minister of Energy and Mineral development Mary Goretti Kitutu has disclosed that the Final Investment Decision (FID) for oil production will be taken before the end of March 2021. Kitutu made the disclosure during an interface with the Parliamentary committee on Natural Resources on Wednesday …
Read More »TEF, EU partner to transform economic empowerment of African women
Kampala, Uganda | THE INDEPENDENT | Africa’s leading philanthropy, Tony Elumelu Foundation (TEF) has partnered with the European Union to identify, train, mentor and fund 2,500 young African women entrepreneurs in 2021. The partnership will disburse €20 million in the financial and extend technical support for women-owned businesses, across all …
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