1. Home
  2. Business/Trade

Category: Business/Trade

LOSS: Scores of Ugandan Maize Traders Lose Billions After Kenyan Ban

LOSS: Scores of Ugandan Maize Traders Lose Billions After Kenyan Ban

By AWORI ESTHER LUCY BUSIA- SHIFTMEDIA– Just three days after Kenya shut its doors for Ugandan maize traders are already crying foul The latest we can reveal is that the traders have so far lost…

Read More
TRADE: Uganda Maize Exports Into Kenya Increase Fivefold

TRADE: Uganda Maize Exports Into Kenya Increase Fivefold

By Our Reporter KAMPALA- SHIFTMEDIA– Maize imports from Uganda rose five-fold in January compared to a similar period last year as traders and millers rushed to bring in the grain in anticipation of a shortage.…

Read More
BUSTED: Cross-Border Smuggling, Corrupt Customs Officials Hurting Domestic Revenue Collection

BUSTED: Cross-Border Smuggling, Corrupt Customs Officials Hurting Domestic Revenue Collection

By PATRICK JARAMOGI KAMPALA-SHIFTMEDIA– Many development projects have been lined up for implementation in the FY 2021/2022, but issues of low revenue collections remain a ‘thorn in flesh’ regarding the achievements of these projects. The…

Read More
DROP; Investments In Rwanda Drop By 47%

DROP; Investments In Rwanda Drop By 47%

By Our Reporter KIGALI|SHIFTMEDIA| The value of investments in Rwanda fell drastically by almost half from $2.46 billion in 2019 to $1.3 billion in 2020 primarily due to the coronavirus pandemic that affected the economy…

Read More
BOOST: Stanbic Business Incubator Supports 352 SMEs To Address Covid19 Economic Challenges

BOOST: Stanbic Business Incubator Supports 352 SMEs To Address Covid19 Economic Challenges

By PATRICK JARAMOGI KAMPALA-SHIFTMEDIA-When the Covid19 pandemic struck last year, many business personalities were caught off guard. Majority as we speak wound up businesses and are up to something else. The sharp ones who moved…

Read More
LUCRACTIVE: Premier Recruitment Seals 1,000 Jobs For Ugandans In Middle East

LUCRACTIVE: Premier Recruitment Seals 1,000 Jobs For Ugandans In Middle East

By SMN Reporter KAMPALA, Uganda|SHIFTMEDIA| The target is to secure over 100,000 jobs in 12 months, but given the pace, the target looks achievable. This the relief that Premier Recruitment Ltd, Uganda’s fast-growing labour hiring…

Read More
SEALED: Stanbic Bank Aids Conexus To Train SMEs In Oil And Gas

SEALED: Stanbic Bank Aids Conexus To Train SMEs In Oil And Gas

By Our Reporter KAMPALA, Uganda|SHIFTMEDIA| Capacity building and information dissemination in the oil sector has got a nod, thanks to Stanbic Bank. The good news follows the signing of an MOU between the bank and…

Read More
BOOST: IMF Board Approves $2.7 Billion Line Of Credit To Panama For Pandemic Fallout

BOOST: IMF Board Approves $2.7 Billion Line Of Credit To Panama For Pandemic Fallout

By OKELLO ALLAN WASHINGTON|SHIFTMEDIA| The International Monetary Fund (IMF) has approved a $2.7 billion line of credit for Panama to address the coronavirus pandemic, the lender said in a statement on Tuesday. The IMF’s executive…

Read More
RENEWED: Museveni Extends Governor Tumusime Mutebeli’s Contract

RENEWED: Museveni Extends Governor Tumusime Mutebeli’s Contract

By AWORI ESTHER LUCY KAMPALA, Uganda|SHIFTMEDIA| The year has started on a good note for 71-year-old Prof. Emmanuel Tumusime Mutebile, the Governor Bank of Uganda. President Yoweri Museveni has renewed and extended his contract for…

Read More
APPEAL: Credit Relief Paramount For Businesses in 2021- Dr. Sudhir Ruparelia

APPEAL: Credit Relief Paramount For Businesses in 2021- Dr. Sudhir Ruparelia

By PATRICK JARAMOGI KAMPALA, Uganda|SHIFTMEDIA|The year 2020 was a tough one for all, especially the business entities. As Ugandans enter day three of the new year 2021, calls for more business reliefs are already being…

Read More