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Africa Alert

Uganda

Published: 06 Sep 2019 00:02

 Uganda Business (37) 

Top Stories

Uganda, Rwanda: Kampala's Anti-Rwanda Hostility Continues to Backfire on Ugandan Business, Trade

Logically an economic 'feud' would not lead to an increase in exports. Strangely, as the author zeroes in on tensions between Uganda and Rwanda ...

Source: Kigali Today (02 Sep 2019 )  Share  Web Page

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UK, Uganda: 9th UK-Ugandan Trade, FDI and Export takes place in London on 13-14 September

Description
Day 1: (SOLD OUT) Friday, 13th September 2019, London Hilton on Park Lane, 22 Park Lane, ...

Source: Eventbrite (04 Sep 2019 )  Share  Web Page

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Uganda, Japan: Inside Museveni, Japan PM meeting

... the Japanese private sector players to invest in Uganda and promote trade, ... The Japanese leader thanked Uganda for playing a key role in peace ...

Source: The Monitor (30 Aug 2019 )  Share  Web Page

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Uganda: Uganda’s high fertility rate is a threat to country's vision 2040- Experts

Kampala. Uganda may fail to achieve its goal of transforming from a peasant to middle income country in line with Vision 2040 if the fertility rate doesn’t decrease, experts have warned. Vision 2040 looks at strengthening particular sectors such as oil and gas, tourism and agriculture among others. One of the projections of the goal is for Uganda to become a lower ...

Source: The Citizen (29 Aug 2019 )  Share  Web Page

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Economy/markets

Tanzania, Uganda: 300 Uganda delegates to attend business meeting in Dar es Salaam

By Alex Malanga @ChiefMalanga amalanga@tz.nationmedia.com Dar es Salaam. Over 300 Ugandan delegates, excluding government officials, have confirmed their participation in a business forum with Tanzania in Dar es Salaam next month, it was revealed yesterday. The Tanzania Private Sector Foundation (TPSF) is expected to host the forum on September 5 and 6 with a view ...

Source: The Citizen (29 Aug 2019 )  Share  Web Page

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Uganda:  Secretary to the Treasury Warns Government On Debt

Uganda's national debt has hit a staggering Shs42 trillion, just 8 per cent away from hitting the International Monetary Fund's redline where the country's indebtedness will be declared unmanageable and Secretary to the Treasury Keith Muhakanizi has warned government to slow down on further borrowing. He said unless further borrowing is checked, the country's debt will ...

Source: The Monitor (21 Aug 2019 )  Share  Web Page

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Uganda: Uganda taxman’s proposals rattle pensioners who take early retirement

A policy shift towards casting tax net wider has rattled employees who will opt for early retirement as an amendment to law proposes a tax on their benefits. The agriculture sector, however, enjoys tax relief. Under the proposed changes to the NSSF Act of 1985, benefits paid to members aged above 60 years will be exempt from income tax but members who choose to withdraw ...

Source: The East African (02 Sep 2019 )  Share  Web Page

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Politics and Government

Uganda, France: France-Uganda ties develop after Paris appoints new ambassador

Franco-Beninese diplomat Jules Armand Aniambossou replaced outgoing ambassador Stephanie Rivoual at the head of the French embassy in Uganda in May. His arrival has peaked the interest of Ugandans and also raised the hopes of stronger economic cooperation between the two allies. Aniambossou was given the stamp of approval this week from Uganda's Foreign Affairs Minister Sam Kutesa, who expressed his desire to strengthen bilateral ties through greater commercial cooperation.

Source: Yahoo (03 Aug 2019 )  Share  Web Page

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Uganda:  Museveni Rejects Minimum Wage Law

President Museveni has declined to sign the Minimum Wage Bill, 2015, which Parliament enacted last February, saying issues it intends to cure are already addressed in the Minimum Wages Advisory Boards and Wages Council Act. "There are no gaps ... to cure; the current law is adequate and enforceable," the President noted in an August 21, letter to Parliament ...

Source: The Monitor (28 Aug 2019 )  Share  Web Page

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Uganda: Bobi Wine lays out his agenda for Uganda

The 2021 election will likely be fought and won on money basis due to Uganda’s commercialised politics. Do you or the Opposition have the financial clout to out-spend or win against President Museveni? Well, I think that question goes to us as a team and as a nation on how we are prepared. I have said it time and again that it is not about me. We are prepared ...

Source: The Citizen (27 Aug 2019 )  Share  Web Page

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Agriculture/food

Uganda, USA: Endiro Coffee links Aurora with Uganda

... trade and investment issues between Uganda and North America. They took a side trip to Aurora to see Endiro Coffee, and they liked what they saw.

Source: Chicago Tribune (31 Aug 2019 )  Share  Web Page

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Uganda: Drying Maize on the Ground Increases Health Risks and Decreases Exports in Uganda

MAYUGE, UGANDA Namulondo Kekurina's maize crops are thriving. ... commissioner of processing and marketing at the Ministry of Trade and ...

Source: Global Press Journal (30 Aug 2019 )  Share  Web Page

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Uganda: Ugandan animal feed project finds reluctant suitors

Researchers are considering turning findings of a study on forage seed production into a commercial venture. The study found that Uganda can convert silage into livestock feeds and make money out of it but for the reluctance of seed companies. “The seed companies do not want to take up animal feed in their businesses, because the demand has not been so vibrant,” Dr ...

Source: The East African (00 0000 )  Share  Web Page

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Banking/financial services

Uganda: Uganda Loses Shs1.3t Annually in Tax Holidays

Presenting a paper titled 'Tax Policy and Investment in Uganda' during the third Economic Growth Forum in Kampala last ... from the uncertainty over Brexit as well as trade disputes between some of the world's biggest economies.

Source: The Monitor (27 Aug 2019 )  Share  Web Page

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Energy (incl oil and gas)

South Sudan, Uganda:  Lack of Power Lines Hurts Power Import Plan

South Sudan's chance to be the first major consumer of Uganda's excess electricity may not be realised soon as the country still lacks interconnection lines to evacuate power. This was one of the items on the agenda at the August 24 meeting between President Yoweri Museveni and his South Sudan counterpart Salva Kiir at State House Entebbe. Also featured was the extension ...

Source: The East African (02 Sep 2019 )  Share  Web Page

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Uganda:  Total Committed to Uganda Despite Tullow Blow

Paris, France — Oil giants Total have re-affirmed their commitment to progressing the development of the Lake Albert oil resources, despite their Sale and Purchase Agreement (SPAs) with Tullow collapsing today. Tullow Oil plc announced earlier that it has been informed that its farm-down to Total and CNOOC will terminate at the end of today, 29 August 2019, ...

Source: The Independent (30 Aug 2019 )  Share  Web Page

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Uganda:  Back to Square One As Tullow Stake Deal Collapses

Will finding a new investor solve the $185 million question? This is the emerging issue after the collapse of a farmdown deal between Tullow and joint venture partners Total E&P and China National Offshore Oil Company (CNOOC) over a tax dispute. The complication surrounding the tax issue is critical to Uganda which, having de-risked the oil and gas sector because of ...

Source: The East African (01 Sep 2019 )  Share  Web Page

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Uganda: Uganda: Kikagati hydro project reaches financial close

The Emerging Africa Infrastructure Fund (EAIF) announced on 12 August the finalisation of a $54m debt finance package for a 16.5MW run-of-river plant at Kikagati on the Kagera River, which forms the border between Uganda and Tanzania. EAIF said financial closure of the project had seen the first tranche of debt funding released to the developer and ...

Source: Africa Energy (Renewables) (30 Aug 2019 )  Share  Web Page

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Healthcare and Pharmaceuticals

Ghana, Uganda: Uganda

BY YESMAN ANTOH- Photo Credit: Clipart Library NEW AFRICA BUSINESS NEWS, Accra, Ghana- Uganda Ministry of Health has launched a three-month blood donation drive following an increase of Anaemia cases due to an upsurge of malaria in the east African country. The minister of State for Primary Healthcare, Joyce Moriku Kaducu while launching the drive said the campaign ...

Source: New Africa Business (Government) (02 Sep 2019 )  Share  Web Page

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Housing/Real estate/construction

Uganda, Japan: Museveni says Uganda will Procure Five More Road Units from Japan

Museveni called on Prime Minister Abe to support the private sector in Japan to invest in Uganda and promote trade saying Japan has already ...

Source: Kampala Post (29 Aug 2019 )  Share  Web Page

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Uganda: Uganda: Govt Plans More Industrial Parks

... a ministry of Trade, Industry and Cooperatives official has said. "The Uganda Investment Authority has secured land to establish industrial parks in ...

Source: Tanzania Daily News (28 Aug 2019 )  Share  Web Page

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Internet/technology/telecoms

Uganda: Uganda to host 5th National Conferrence on Communications in October

Uganda to host 5th National Conference on Communication By Ambrose Gahene The 5th National Conference on Communications (NCC) will be held in Kampala, Uganda, from 10th- 11th October 2019. The NCC provides an opportunity to build capacity and strengthen the academia and industry communities in communications particularly in the research of locally relevant solutions. The ...

Source: CIO East Africa (CIO East Africa) (28 Aug 2019 )  Share  Web Page

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Trade and Investment

Uganda, EU: EU okays Uganda's marijuana exports

They were impressed by what they and issued a one-year certificate of compliance to Industrial Globus Uganda Ltd, a trading company for a joint ...

Source: PML Daily (27 Aug 2019 )  Share  Web Page

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Uganda, China: Ugandan flowers finally enter Chinese market

According to the United Nations COMTRADE database on international trade, Uganda exports to China was $30.12 million in 2017. Commercial ...

Source: The Observer (05 Aug 2019 )  Share  Web Page

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Uganda, Japan: President Museveni promotes Uganda as great investment opportunity to Japanese investors

President Museveni promotes Uganda as great investment opportunity to ... investment opportunities and partner with government to promote trade and ... According to a Uganda Presidential Press Unit statement, Museveni met ...

Source: Political Analysis (28 Aug 2019 )  Share  Web Page

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Uganda, Kenya: Mombasa port still underutilised - experts

The importance of Mombasa Port to Uganda's import and export trade ... According to the Kenya Ports Authority 2018 report, Uganda is the leading ...

Source: The Monitor (03 Sep 2019 )  Share  Web Page

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Uganda, Kenya: Kenya and Uganda discuss sugar trade

During a joint permanent commission meeting in Mombasa last March, it was agreed that Kenya's importation of sugar from Uganda would increase ...

Source: KDRTV (28 Aug 2019 )  Share  Web Page

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Uganda, South Korea:  Uganda to Increase Exports to South Korea

Uganda is considering increasing its agricultural exports to the Republic of South Korea, the minister State for Trade Michael Werikhe Kafabusa has revealed. Werikhe said that Uganda is expected to increase its exports to South Korea especially for key products such as coffee, tea and spices, live trees and other plant bulbs, among others. Werikhe said this ...

Source: The Observer (29 Aug 2019 )  Share  Web Page

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Uganda, Tanzania: Museveni expected to grace Tanzania-Uganda business forum Friday

Museveni expected to grace Tanzania-Uganda business forum Friday ... and investment opportunities and cement trade relations between the two ...

Source: IPP Media (03 Sep 2019 )  Share  Web Page

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Uganda, USA: Kadaga to diaspora: Don't shun our embassies

... 31st Uganda North American Association (UNAA) Convention and Trade Expo underway ... The Speaker said registering with Uganda's embassies would foster consular services alongside information on investment opportunities.

Source: The Monitor (02 Sep 2019 )  Share  Web Page

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Uganda: Ugandans in Diaspora to Get Training in Saving, Investing Back Home

A delegation led by the Bank's Executive Director, Anthony Kituuka attended the Trade and Investment Forum, the Networking Mixer and Miss Uganda ...

Source: Chimp Reports (30 Aug 2019 )  Share  Web Page

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Transport

Uganda: Support growth of Uganda Airlines-Kadaga

Uganda Airlines started its commercial flights this week with the first ... the 31st Uganda North America Association (UNAA) Convention and Trade Expo in ... great investment opportunities that Ugandans in the diaspora can tap into.

Source: Eagle Online (02 Sep 2019 )  Share  Web Page

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Uganda: BLOG: My First Flight On Uganda Airlines

It appears there isn't any intention for Uganda Airlines to fly to neighboring Rwanda in the short term ... about how best to exploit investment opportunities and overcome bottlenecks to bilateral trade between Uganda and Tanzania.

Source: Chimp Reports (02 Sep 2019 )  Share  Web Page

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Uganda:  Hope As Uganda Airlines Takes to the Skies

Uganda Airlines resumed commercial flights on Wednesday and by Friday morning, the carrier had moved some 200 passengers in three regional routes. Air travel experts say the early numbers show good promise for the budding airline. On Friday morning, the revived national carrier made its inaugural flight to Dar es Salaam after successful trips to Juba, Nairobi and ...

Source: The East African (01 Sep 2019 )  Share  Web Page

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Environment

Uganda:  Ugandan Students Turn Waste to Wealth

Namugongo is a lush, forested community in central Uganda where tall trees are home to colourful birds and noisy monkeys. The community has a tragic place in history: on 3 June 1886, 22 Ugandan Christian converts were publicly executed, on the orders of King Mwanga II of the Buganda Kingdom, in an attempt to ward off the influence of colonial powers with whom the ...

Source: Inter Press Service (31 Aug 2019 )  Share  Web Page

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Uganda:  Cabinet Rejects Plan to Build Dam At Murchison Falls

Kampala — Conservationists and players in the tourism and sector are celebrating a decision by Cabinet, to reject a proposal by Bonang Power Energy Limited, to construct a power dam near Murchison Falls in Kiryandongo District. Mr Ofwono Opondo, the executive director of the Uganda Media Centre, told Daily Monitor on Wednesday that two weeks ago, Cabinet ministers ...

Source: The Monitor (28 Aug 2019 )  Share  Web Page

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Women and Youth

Uganda: Stanbic Bank Uganda commits to the UNDP Gender Equality Seal Programme

Stanbic Bank Uganda has signed up to the United Nations Development Programme (UNDP) Gender Equality Seal Certification (GES) Programme for Public and Private Enterprises. The programme aims to reduce gender gaps and promote equality at the work place and women’s economic empowerment. Pursuit of gender equality at the workplace sets in motion employee performance schemes ...

Source: CIO East Africa (CIO East Africa) (30 Aug 2019 )  Share  Web Page

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