Originally discriminated against for being HIV/AIDS positive, 570 women in Karusandara Sub-county in Busongora South Constituency, Kasese District have reinvented themselves by forming a Crafts Making and Selling Group. The group chairperson, Donata Komuhangyi, says Karusandara Women Crafts Making and Selling Group was established in 2004, as a community development umbrella
Read MoreEntrepreneurship
Tribert Rujugiro: The Multi-Millionaire Rwanda Wants Kicked Out Of Uganda
The local media has reported that the border standoff between Rwanda and Uganda has been escalated by Kampala’s outright refusal to close businesses owned by Tribert Rujugiro Ayabatwa (in featured photo) ,a multi-millionaire Rwandan national running a string of enterprises in many African countries including Uganda. The Rwandan government believes
Read MoreTHE UNTOLD STORY: Why Uganda’s Supermarket Business Is Collapsing
Recently, an acquaintance observed an unfamiliar trend in Uganda’s supermarket business. He noted that out of five or so supermarkets that have been operating from Biina to Port bell, only two supermarkets are now in business. The spaces of those that have died out have since been replaced by sports
Read MoreGone are the days when the only means of getting fish was by catching it in rivers, lakes and wetlands. Uganda’s aquaculture industry is rapidly growing largely because of the huge demand for fish on the market. The fishery industry in Uganda provides a vital source of food and about
Read MoreVivo Energy plc (“Vivo Energy”) Friday announced the completion of the transaction with Engen Holdings (Pty) Limited (“Engen” or “EHL”), previously announced on 18 September 2018. The transaction adds operations in eight new countries and 230 Engen-branded service stations to Vivo Energy’s network, taking its total presence to over 2,000
Read MoreOnly Six Africans Make It To The List Of World’s 500 Richest People
By Devon Pendleton and Tom Metcalf Aliko Dangote’s $17 billion net worth makes the Nigerian the richest person in Africa and the only member of the Bloomberg Billionaires Index from one of the 60 poorest countries. About half of Nigeria’s 190.9 million citizens subside on less than $1.90 a day,
Read MoreThe Mastercard Foundation in partnership with BFA on February 27, 2019 released Digital Commerce and Youth Employment in Africa, new research that shows 80 million young people will benefit from the rise of digital commerce in Africa by 2030. These findings indicate that the digital commerce sector has the potential
Read MoreBy Drake Nyamugabwa Leading Indian business leaders in Uganda have been awarded by the India Business Forum, an umbrella organization for Indian Companies and an arm of The Indian Association of Uganda. During the award night held at Serena hotel on Tuesday 26th Feb 2019, the High Commissioner of India
Read MoreKenya Taxman Freezes 11 Bank Accounts Of Alcohol Tycoon Over Shs109bn
The Kenya Revenue Authority (KRA) has obtained orders freezing 11 accounts associated with businessman Humphrey Kariuki over alleged tax evasion amounting to KSh3 billion (UShs109.9bn), Daily Nation reports. The accounts are scattered in seven banks, including Equity, National Bank of Kenya and Kenya Commercial Bank (KCB), and are linked to
Read MoreThe Minister of Agriculture, Animal Industry and Fisheries, Vincent Bamulangaki Ssempijja has said government will soon consider Soybean as a country`s strategic crop that will earn farmers good money. He made the remarks while launching a new soybean variety (Maksoy 6N) and state-of-the-art soybean storage facilities yesterday in Kabanyolo-Wakiso District.
Read More