The Fund maintained its investment bias towards government securities as assets crossed the Shs1 trillion mark Kampala, Uganda | THE INDEPENDENT | Retail investors with a holding in UAP Old Mutual’s collective investment scheme will earn 11% interest on their funds as Assets Under Management cross the Shs1 trillion mark for the …
Read More »Museveni cautions politicians and civil servants frustrating investors
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni reiterated his call to stop the exportation of raw materials, saying that Uganda loses a lot of money annually due to such an economic undertaking. He instead advised Ugandans and foreign investors to work towards adding value to the country’s products …
Read More »Investors train eyes on African youth with gaming campuses
Giant tech firms, game studios and other gaming investors have launched an aggressive hunt for young Africans with the talent, skills, passion – and jobs – to sustain long-term investments in the gaming sector SPECIAL FEATURE | BIRD AGENCY | In early June, Maliyo, a game studio in Nigeria began …
Read More »Investors to construct Iron Ore plant in Rubanda
Rubanda, Uganda | THE INDEPENDENT | Investors have started plans to construct a multi-billion iron ore smelting plant in Rubanda District. The factory which was a 2016 presidential pledge has remained unfulfilled up to date. In 2019, the Devki Group of Companies from India led by its chairman Raval Guru …
Read More »Museveni to set up independent unit at State House to protect investors
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni said he will institute a specialized Unit attached to the Statehouse, which he says will safeguard investors from corruption tendencies, fronted by both politicians and technocrats to fleece investors when they solicit bribes. Museveni notes that the unit will be a …
Read More »‘Independent unit at State House to protect investors from corrupt officials’
Kampala, Uganda | THE INDEPENDENT | The President of Uganda, Yoweri Kaguta Museveni, has said he will institute a specialized Unit attached to State house, which he says will safeguard investors from corruption tendencies, fronted by both politicians and technocrats to fleece investors when they solicit for bribes. Museveni notes …
Read More »Museveni, German investors discuss business opportunities in Uganda
Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni on Wednesday met a team of Investors from Germany at Commonwealth Resort Munyonyo. The delegation was led by Prof. Wolfgang Dietrich who is the Honorary Consul of Uganda to Germany based in Hamburg. The team came to discuss opportunities for investment …
Read More »Kenyan startup boosts possibilities for retail investors on NSE
For many years small retail investors have found it hard to buy shares on the Nairobi Securities Exchange, but a newly-licensed service hopes to change that Kampala, Uganda | HARRY CLYNCH | Since the establishment of the Nairobi Securities Exchange (NSE) in 1954, it has traditionally been very difficult for Kenya’s retail …
Read More »Zimbabwe to grant citizenship to deserving investors
Harare, Zimbabwe | Xinhua | Friendly investors will be granted Zimbabwean citizenship as part of the government’s efforts to lure investment, a cabinet minister has said. “President Emmerson Mnangagwa is once again going to make history by making Zimbabwe one of the first African countries to offer a pathway to citizenship …
Read More »Investors flee Karamoja as mining sites targeted
Moroto, Uganda | THE INDEPENDENT | Local governments in Karamoja districts are losing revenue accruing from the transportation of mineral transportation as miners withdraw from the fields citing the insecurity in the region. Karamoja region has experienced unrest for the past few months following the escalation of ambushes and raids …
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