Tag Archives: investors

Kampala, Uganda | THE INDEPENDENT | The Executive Director of the Federation of Small and Medium-sized Enterprises-Uganda (FSME – Uganda), John Walugembe has urged government to involve Parliament while dealing with investors that seek opportunities in Uganda. In an interview with journalists in Kampala, Walugembe cited the current controversial coffee …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called on Turkish investors to get more involved in Uganda’s nascent mineral sector for it to realise its full potential. Museveni made the remarks while meeting Turkish investors led by the Turkish Ambassador to Uganda, Fikret Kerem Alp at State House …

Gulu, Uganda | THE INDEPENDENT | Wildfires have destroyed more than 1,400 acres of sugarcane in Ayuu Alali parish in Palabek Kal Sub County in Lamwo district.  The Chairperson Ayuu Alali Sugarcane Outgrowers Cooperatives Society, Francis Ojwiya, says that the fire broke out from sugar plantations that had already been …

New York, U.S. | Xinhua | U.S. stocks advanced for the week as investors sifted through minutes from the Federal Reserve’s recent meeting and a slew of earnings reports. For the week ending Friday, the Dow rose 1.6 percent, while the S&P 500 and the tech-heavy Nasdaq Composite climbed 1.8 percent …

Nairobi, Kenya | Xinhua | The East African Community (EAC) on Wednesday called on Kenyan and Tanzanian investors to take advantage of bilateral engagements between partner states to boost cross-border trade. Peter Mathuki, secretary-general of EAC said that Kenya’s imports from Tanzania between January and June grew by about 70 percent …

Biden’s massive stimulus could set off inflationary pressures of a kind not seen in a generation Washington, U.S. | Xinhua | Emerging markets could become a casualty of the 1.9-trillion-U.S.-dollar COVID-19 relief bill passed by U.S. Congress on Wednesday, as rising U.S. bond yields are likely to trigger a reversal of …

New York, U.S. | XINHUA | U.S. stocks declined in the volatile past week as a surge in bond yields unnerved investors who rushed to dump risk assets, especially high-flying shares. For the week ending Friday, the Dow lost 1.8 percent, while the S&P 500 and the Nasdaq fell 2.5 percent …

New York, U.S. | Xinhua | U.S. equities posted mixed results in the holiday-abbreviated week as investors assessed the possibility of further fiscal stimulus, while sifting through a slew of economic data. For the week ending Friday, the Dow rose 0.1 percent, the S&P 500 fell 0.7 percent and the Nasdaq …

Kampala, Uganda |  THE INDEPENDENT  |  Domestic Borrowing by the government is creating a class of lazy investors, according to the Uganda Debt Network-UDN. Domestic Borrowing is done through the issuance of securities like treasury bills, which are short term debt instruments with tenures ranging from 91, 182 and 364 days …

New York, U.S. | Xinhua | Wall Street’s major averages advanced in the week as investors assessed the possibility of a U.S. stimulus bill, while digesting a slew of economic data. For the week ending Friday, the Dow finished up 1 percent, the S&P 500 added 1.2 percent, and the Nasdaq …