Investors
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Cooperatives & Communities
EKMCS installs Shs 18mln cassava milling machine
SERERE– East Kyoga Multipurpose Cooperative Society [EKMCS] has installed a cassava hammer milling machine worth Shs 18.5 million, according to Stephen Epau, the cooperative’s chairperson. Epau says the milling machine was established with…
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Energy & Mining
West Nile region in dire need of electricity
ARUA-Due to the increasing demand for electricity in the West Nile region, more than 23,000 households and businesses are not being adequately served by the 3.5 megawatts [MW] Nyagak hydropower station. According…
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Environment
Tayebwa pledges to defend Mabira Forest
BUIKWE– The Deputy Speaker of Parliament, Thomas Tayebwa has promised to fight those that have encroached on Mabira Forest, saying that those destroying the forest will face the wrath of the law.…
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Development
Experts warn investors against constructing in forests, wetlands
MBALE – Environmental experts have warned the public and investors in the country against encroaching on wetlands and forests as they establish their projects. The experts said the structures constructed in wetlands…
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International
Global gold demand up 28 percent year-on-year in Q3
LONDON-The World Gold Council’s latest Gold Demand Trends report reveals that gold demand [excluding over-the-counter trading-OTC] in the third quarter of 2022 hit 1,181 tonnes, up 28 percent year-on-year. Strong demand pushed…
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Africa
Africa Investment Forum Market Days 2022 set for early November
ABIDJANI-The third edition of the Africa Investment Market Days is fast approaching, according to its schedule. Taking place in Abidjan, Côte d’Ivoire, from November 2-4, 2022, the Africa Investment Forum [AIF2022] will…
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East Africa
EAC to set up Diaspora desk to facilitate investment and trade in the region
ARUSHA – The East African Community [EAC] is setting up a Diaspora desk that will focus on facilitating East Africans living in the diaspora to invest and trade in the region. EAC…
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Development
Higher education critical in Africa’s economic growth, says UNECA report
KAMPALA-The success of the African Continental Free Trade Area, [AfCFTA], will depend on the capacities of universities and other institutions of higher learning in Africa and science academies to produce adequate and…
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Cooperatives & Communities
Don’t meddle in our affairs, Sacco members warn politicians
NAIROBI-Members of Ekeza Sacco have warned Kenyan politicians to keep off their affairs after the government permitted the Sacco to resume normal operations, Sacco Review reports. The members blamed a section of…
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News
Uganda-South Sudan Business Forum: Ugandans urged to invest in hospitality industry
JUBA– The Uganda-South Sudan first-ever business forum officially commenced on Tuesday in Juba as investors and traders from both countries sought to establish networks to provide goods and services to the citizens.…
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