Mbarara, Uganda | THE INDEPENDENT | The Minister of Local Government Raphael Magyezi has directed fresh verification of all Mbarara central market vendors. According to Magyezi, the President asked him to investigate and re-verify the vendors. Magyezi said that the markets constructed under The Markets and Agricultural Trade Improvement Project (MATIP) …
Read More »Creating credible carbon market in Africa
INTERVIEW | RAPHAEL OBONYO | Carbon markets are increasingly dominating conversations about climate change interventions, especially in Africa. The world’s largest carbon market auction was held last June in Nairobi, where more than 2.2 million tonnes of carbon credits sold. Africa Renewal’s Raphael Obonyo spoke to Riham ElGizy, CEO of Regional …
Read More »Masaka mayor, division chairperson clash over utilization of new market
Masaka, Uganda | THE INDEPENDENT | A dispute has erupted between the Masaka City Council Mayor Florence Namayanja and Michael Mulindwa Nakumusana, the Chairperson for Nyendo-Mukungwe division, over the utilization of the new market infrastructure in the area. The apparent disagreement, which has also metamorphosed into a public altercation between the …
Read More »Telecoms: We should jointly nurture the same small talent
Kampala, Uganda | THE INDEPENDENT | Telecommunication companies have teamed up to guide upcoming and prospective telecom engineers to ensure a bigger pool of professionals to serve the sector. Rajesh Agarwal, Airtel Uganda Networks Director says that just like the Ugandan market, the human capital resources from which the telecom’s source …
Read More »XENO unit trust scheme eyes Kenyan market
Kampala, Uganda | THE INDEPENDENT | Ugandan unit trust scheme, XENO Investment Management Limited, is eyeing the Kenyan market with its online platform to tap into the country’s retail investors. Launched in 2017, XENO executives said XENO Kenya received all the regulatory approvals to set up operations. “This year marks our …
Read More »Electric buses winning over Rwandan market
KIGALI, RWANDA | Xinhua | Chinese manufacturers of electric buses have set BasiGo, a Kenya-based company, on course toward its business sustainability but also the start of a significant role in advancing Rwanda’s transition to greener transportation. It is roughly three months since BasiGo launched pilot electric buses in public …
Read More »Africa creates US$50bn medical market
This will be the second independence of Africa, says CDC Africa Director General, Dr. Jean Kaseya ANALYSIS | AGENCIES | African leaders have reached agreement to create a robust future market for medical products for African manufacturers valued at US$50 billion. Spearheaded by the Africa Centres for Disease Control and Prevention …
Read More »Foreign investors push Kenya’s bond market trading to historic high
NAIROBI, KENYA | Xinhua | Bond trading at the Nairobi Securities Exchange (NSE) has hit a record high, boosted by foreign investors seeking to cash in as yields on the securities rise. NSE data released Thursday evening showed that the bond turnover has been on an upward trajectory since Monday …
Read More »Kenchic unveils local hatchery, shifting the market share battle with local producers
Ugandan farmers have been importing day-old chicks from Kenya, Netherlands and South Africa Kampala, Uganda | PATRICIA AKANKWATSA | Kenyan poultry company, Kenchic, has taken the battle for customers to the doorstep of local producers with the offer of its products at a more competitive price than its rival. The move, …
Read More »The carbon-offset market’s broken promises
The unregulated and opaque market that emerged as businesses buy emission offsets has major flaws COMMENT | MATEO ESTRADA | The recent Climate Week NYC, which convened corporate leaders, policymakers, scientists, and others to discuss climate solutions and drive progress toward decarbonisation, underscored how forests have become big business. The fast-growing …
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