Kampala Gears Up for Major Business & Investment Summit in May
The Uganda Investment Authority (UIA) is partnering with African CEO Magazine, a leading New York City-based Pan-African media company, to host the Uganda International Business and Investment Summit in Kampala from 23rd to 25th May 2024. Recent times, especially with the COVID-19 pandemic, have brought...
Rancher’s Finest Reaffirms Commitment to Safe and Hygienic Meat Processing
Rancher’s Finest, a leading provider of premium quality meats, reaffirms its firm commitment to maintaining the highest standards of safety and hygiene in its meat processing facilities. In light of the recent foot and mouth disease (FMD) outbreak, Rancher’s Finest invited journalists to an exclusive...
Stanbic Uganda Announces Interim Leadership
Stanbic Bank Uganda has named Samuel F Mwogeza as Interim Chief Executive and Barbara Dokoria as Interim Executive Director, effective April 1, 2024. These appointments bridge the gap until permanent replacements are chosen. Changes at the Top Mwogeza, currently leading Personal and Private Banking, steps...
Coca-Cola Uganda Enhances Nationwide Distribution with Robust OCCD System
A network of Official Coca-Cola Distributors (OCCDs) is helping to ensure that Coca-Cola products reach Ugandans efficiently in every corner of the country. As a Fast Moving Consumer Goods manufacturer, Coca-Cola Beverages Uganda (CCBU) has innovated to create a system that helps it to consistently...
Three banks exit, five enter Kenya’s oil import deal with Gulf majors
The agreement, which involves the extension of the credit period for the importation of petroleum products from 30 days to 180 days, was mid-wifed by the Kenyan government in partnership with the governments of the United Arab Emirates (UAE) and Saudi Arabia in March 2023...
Uganda has costliest fuel in East Africa despite direct imports
This is after diesel price in Kampala jumped this week to $1.38 per litre from $1.37 while that of petrol rose to $1.47 from $1.46, meaning that Kampala has overtaken Nairobi as the city with the costliest fuel in East Africa.
Questions over Uganda’s extra diesel cargo in Mombasa
Ahead of Unoc’s long-awaited arrival of first fuel imports on July 2, government officials in Kampala gave figures the differed from those on shipping documents, The EastAfrican has learnt, triggering suspicion of a smuggling racket.
DRC now Kenya’s fastest-growing EAC export market
Kenya’s exports to the DRC jumped by more than half (56.04 percent) to Ksh8.62 billion ($66 million at current exchange rates) in the first three months of the year, according to the latest official data, the biggest year-on-year growth in over a decade.
Tanzania zooms ahead with new electric trains, express service
The trains boast eight carriages each and will be deployed on the new standard gauge railway route connecting the commercial hub Dar es Salaam and the capital Dodoma. The service is scheduled to begin on July 25.
Prices of Kenya’s imported second-hand cars fall as shilling rallies against dollar
Dealers said that prices have been easing since the start of the year, offering relief to price-sensitive Kenyans who opt for the used units.
Social Media