Business & Finance

EAC boss says common market to spur industrialization

The Secretary General of the East African Community Amb. Juma Mwapachu has indicated that the cross border movements of capital which will be brought about by the East African Common market will spur the growth of industrial sector in the East African Community block countries because of a bigger market. He adds that East African […]

Tullow oil for online Capital Markets event on its Jubilee Ghana

From Tullow Oil (Webtorial) Commencing on Wednesday 30 June 2010, Tullow Oil will be hosting a two-day Capital Markets event in Ghana for a limited number of sell-side analysts. The event is generating significant interest amongst the investor community and from wider stakeholder groups. In recognition of the demand for access to detailed content from […]

Obama Advisors interested in BiD Network’s Approach to Entrepreneurship

Two consultants from the U.S. Government, John Wasielewski and Steven Koltai, indicated the BiD Network approach deserved to be replicated. Investing in SMEs is the key to poverty reduction and a prerequisite for economic and political stability in developing countries. Princess Máxima also underlined the importance to facilitate access to capital to entrepreneurs in developing […]

Uganda Hotels urged to cut charges

The Uganda Member of Parliament for Mbale Municipality Wanga Wamai has urged big hotels in Uganda to reduce charges for people attending international events organized by Uganda government to save Uganda tax payers money. Wamai remarks comes at a time when Uganda is planning to host the African Union (AU) Summit due on 19th and 27th […]

Former Uganda NSSF boss says ALCON case should have been settled out of court

The Former Deputy Managing Director of the Uganda National Social Security Fund (NSSF) Prof. Mondo Kangonyera has said that it would have been better if the NSSF had settled the case opened against it by Alcon International Limited for canceling a contract to construct Worker’s House. Kagonyera is the former deputy to David Chandi Jamwa […]

East African states working on common IDs

The East African member states are working on a common identification system that will help facilitate free movement of citizens within the East African Community region. Free movement of persons is one of requirements of the East African Common Market Protocol that gets operational on July 1st 2010. The East African countries are Uganda, Rwanda, […]

Activist calls for environmentally friendly waste disposal in Kampala

An official from the Uganda National Association of Professional Environmentalists Godfrey Kamese has appealed to the management of Kampala City Council (KCC) to adopt a micro organisms system to dispose household wastes because it is environmentally friendly. Kamese told journalists in Uganda Capital City of Kampala that burning wastes leads to environmental pollution leading to […]

Former Uganda NSSF chief Jamwa lawyer calls for a speedy trial

The former Managing director of Uganda National Social Security Fund (NSSF), David Chandi Jamwa’s lawyer, David Mpanga has appealed to the Anti-corruption court to give his client a speedy trial because it is his right. Mpanga also appealed to the anti-corruption court to avail him with all the necessary documents to enable him defend his […]

Smallholder farmers expect more from World Food Program Purchase for Progress

Elias Simuntu is today one of the most successful farmers in Uganda. Apart from being assured of stable income every farming season, Simuntu leads a farmers group that sells food commodities to WFP and other major food buyers. But not all farmers are able to sell to WFP even after it launched the Purchase for progress to buy direct from farmers.

World leaders urged to prioritize food security, change development approach

Leaders of rich countries under the G8 and G20 have been called upon to adopt a smarter, more innovative, better focused, and cost-effective approach to reducing hunger and halving global poverty. The International Food Policy Research Institute in a new policy report released on Wednesday said a new approach is needed to achieve the first Millennium […]

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