Business •
05 Jun '25
Kenya has become a key hub for smuggling and resale of gold sourced from South Sudan, Sudan, and the Democratic Republic of Congo, according to a recent report by SwissAid.Over the past decade, Kenya’s role in the illicit gold trade has expanded significantly, with much
Business •
28 May '25
Uganda Development Bank's Managing Director, Dr. Patricia Ojangole, has been appointed Chairperson of the Association of African Development Finance Institutions (AADFI), the umbrella organisation for development finance institutions in Africa.Dr. Ojangole’s appointment was announced dur
Business •
14 May '25
Uganda is launching a transformative initiative to protect and promote its first-ever Geographical Indication (GI), the Rwenzori Mountains of the Moon Coffee.This strategic move not only sets a new era for Uganda's coffee industry but also significantly enhances the livelihoods of local fa
Business •
10 May '25
Vice President Maj. Jessica Alupo has officially launched a transformative chili farming project aimed at revitalizing the socioeconomic landscape of the Busoga sub-region.The launch was presided over by the First Deputy Prime Minister and Minister for East African Community Affairs,
Business •
02 May '25
Coffee bags in stores at UGACOF factory in BweyogerereA major agro-industrial project aimed at boosting coffee processing and export capacity is set to take off in Luwero District, promising to enhance value addition in Uganda’s coffee sector and expand
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28 Apr '25
Tanzania East Africa Gateway Terminal Limited (TEAGTL), the private operator of Terminal 2 has successfully implemented the Fixed Berthing Windows (FBW) concept at the Dar es Salaam Port.This operational reform is being hailed as a transformational step in the modernization of Tanzania’s
Business •
25 Apr '25
A Vietnamese energy mogul has delivered a sobering critique of Africa’s chronic development paralysis, warning that failure to prioritize basics like energy in countries like Kenya is fatal to economic progress.Doanh Chau, president of Vietnam Gas and Energy Science Grou
Business •
23 Apr '25
President Museveni has declared Uganda’s readiness to re-engage with Western powers, months after facing sanctions over the country’s controversial anti-homosexuality law.Speaking at a leadership forum at Munyonyo about recently, Mr Museveni revisited the fallout from the 2023 passage
Business •
04 Apr '25
Just R20 for the first month. Support independent journalism by subscribing to our digital news package. Image: REUTERS/Kent Nishimura Ridiculed for imposing trade tariffs on frozen islands largely inhabited by penguins, US President Donald Trump's formula for calculating the levi
Business •
04 Apr '25
If there’s one thing that the White House wants us to know about the new tariffs that promise to upend the global economy, it’s that they’re “reciprocal.”We now know that they aren’t reciprocal at all. In fact, they bear no connection whatsoever to any levies that the target country