Business news

Bharti Airtel concludes takeover of Africa Telecom giants Zain

Zain Uganda and other subsidiaries of telecom giants Zain in 14 other Africa countries have been sold to Bharti Airtel of India for a record breaking 10.7 billion US dollars transaction value. Bharti Airtel, which is India’s leading telecom services provider announced on Wednesday it has completed the acquisition of Kuwait-based Zain Group’s mobile operations […]

Zain Kika launches as completion in mobile phone market intensfies

Ugandan mobile phone users can now sit back and smile as mobile telephone companies continue to make offers as competition in the mobile telephone industry intensifies. Zain Uganda on Monday announced it is offering 25 minutes to any of its subscribers who load 500 Uganda shillings, and an additional 30 free short message service or […]

Uganda coffee exports and production affected by weather

  The Uganda Coffee Development Authority has said bad weather experienced last year continues to affect the country’s coffee output and coffee exports. UCDA which had earlier forecast the 2009/10 exports to come in at 3.05 million bags has put that figure down, now saying Uganda will produce about 2.8 million bags of coffee . […]

Uganda MPs hail East Africa Community Budget

The representatives of Uganda to the East African Legislative Assembly have hailed the budget for the East African Community for the financial year 2010/2011 saying it is sustainable and better than that of the previous financial year 2009/2010. This comes hardly a week after the budget speech for the community was delivered to the East […]

Orange Uganda to offer video calls in Uganda

France owned mobile telecommunication giants Orange Uganda have introduced video calls in the Ugandan market to enable callers to see who they are talking to. In a message to customers today, Orange said its subscribers now have a chance to make video calls on the orange telephone network. Orange says their Video Calls will cost […]

Makerere University organises an Entrepreneurship conference

Between 7th June to 30th July 2010 all roads will be leading to Uganda’s biggest and oldest University of Makerere for the ‘Micro-finance and Entrepreneurship Project-AIESEC Uganda’ conference. According to a statement from the University the conference will enhance the ability of students to explore their innovativeness in the fields of microfinance and entrepreneurship. The […]

Air Uganda and Rwanda Air sign flight deal

Air Uganda and Rwanda air have signed a code share agreement that will allow their customers to use both airlines to fly to and fro Kigali and other destinations across East African countries of Uganda, Kenya, Tanzania, Rwanda, Burundi. The shared codes agreement is intended to help customers enjoy non stop flights between Kigali, Entebbe […]

WFP stocks Uganda food

 The United Nations World Food Programme (WFP) is spending more 40 percent of its budget for 2011 in buying food in Uganda. The officials of WFP say they are utilizing low food prices in Uganda this year to stock food in their reserves. Uganda has harvested large stocks of maize, beans, sweet potatoes and Irish […]

East Africa Customs Union registers benefits, but funding integration a challenge

The President of Tanzania, Jakaya Mrisho Kikwete has called for more funding and planning to implement the East Africa Community and economic and political integration projects. He says that East African countries are repeating great benefits from the economic integration efforts so far achieved. Kikwete said this while delivering the State of the East African […]