Rwanda invest more in Agriculture Targets making sector climate resilient, more productive Kampala, Uganda | FRANCIS BYARUHANGA | Rwanda has again increased its budget allocation to agriculture sector and edged closer to meeting the Maputo and Malabo declarations which require member states of the African Union to allocate at least 10% of …
Read More »Investment forum to discuss business opportunities
Kampala, Uganda | JULIUS BUSINGE | Players in the capital markets and other businesses are set to share knowledge at the first ‘Mkutano Investment Conference’ to be held on May 15 at Kampala Serena Hotel. David Ofungi, the founder and chief executive officer of DERO, the curators of the ‘Economic Mkutano …
Read More »Debate on Investment Code Bill stayed
Kampala, Uganda | PARLIAMENT UG | Parliament has deferred the debate on the Investment Code Bill to allow the Ministry of Finance and legislators to harmonise positions on controversial clauses in the proposed law. The Bill, first presented to Parliament in May 2017 seeks to revise, modernize and replace …
Read More »UIA’s restructuring takes shape
Investment body to nearly double its staff to promote investment, create jobs Kampala, Uganda | IAN KATUSIIME | Jolly Kaguhangire, the executive director of Uganda Investment Authority (UIA) is marking her first anniversary on the new job with restructuring at the investment agency aimed at marketing Uganda as a profitable …
Read More »Optimism as govt, investors sign refinery deal
Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …
Read More »COMMENT: New ways to finance infrastructure
To increase emerging markets’ share of infrastructure investment, the world needs more `patient capital’ COMMENT | JUSTIN YIFU, HAVARD HALLAND & YAN WANG | Lawmakers in the United States have introduced legislation that, if enacted, would create a new development finance institution (DFI) to replace the Overseas Private Investment Corporation. Unlike …
Read More »US Ambassador cautions Uganda on transparency in investment procedures
Kampala, Uganda | GODFREY SSALI | The US Ambassador to Uganda Deborah Malac has cautioned Uganda on the bureaucracies and red tape in investment procedures saying they discourage many potential investors. Malac said this during a meeting with the Minister of Trade, Industry and Cooperatives Amelia Kyambadde to discuss trade …
Read More »Xeno Technologies takes a move to drive investment opportunities for investors
Kampala, Uganda | JULIUS BUSINGE | Xeno Technologies Uganda Limited is an indigenous investment fund management company that officially launched business on Jan.03. The company’s CEO, Aeko Ongodia spoke to The Independent’s Julius Businge about their plans. What is your core business like? Xeno Technologies is a newly licensed …
Read More »Dfcu rewards investment clubs
Kampala, Uganda | THE INDEPENDENT | On Dec.14, dfcu Bank in partnership with Price Waterhouse Coopers (PwC) and NTV Uganda rewarded Geneber Outspan Organic Farmers with Shs 25million after emerging as the overall winner of the nationwide campaign targeted at driving a savings and investment culture in Uganda. The campaign, which …
Read More »COMMENT: Hidden wealth of cities
Through smarter asset management, cities can double their investments without raising taxes COMMENT | DAG DETTER | The world is becoming increasingly urbanised, as more people are choosing to live in towns and cities than ever before. The trouble is, most urban areas are unprepared to manage the influx. Cities around …
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