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Category: Business/Trade

SEATINI: Government Ban On Foreign Travel Hurting Trade Negotiations- Experts

SEATINI: Government Ban On Foreign Travel Hurting Trade Negotiations- Experts

By PATRICK JARAMOGI KAMPALA, Uganda =SHIFTMEDIA- The Government ban on foreign travels for civil servants is beginning to take a long toll on trade negotiations, experts have revealed. At the beginning of last year, 2023,…

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BOOST: Tanzania Records 24 per cent Increase In Tourist Arrivals

BOOST: Tanzania Records 24 per cent Increase In Tourist Arrivals

By AWORI ESTHER LUCY KILIMANJARO, Tanzania=SHIFT MEDIA NEWS= Latest reports from neighboring Tanzania indicates a 24 percent increase in the number of tourist arrivals. According to the Daily News  the number of tourists who visited…

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PROCUREMENT: AFIC Study Reveals Women -Led Businesses Face Barriers To Win Gov’t Tenders

PROCUREMENT: AFIC Study Reveals Women -Led Businesses Face Barriers To Win Gov’t Tenders

By Patrick Jaramogi KAMPALA, Uganda. [SHIFT MEDIA NEWs] There is growing concern that much as over 70% of Uganda’s budget ends up in Public Procurement, Women- led businesses get just 1% of this, leaving the…

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LEVELED: Parliament Passes Bill Regulating Competition Among Businesses

LEVELED: Parliament Passes Bill Regulating Competition Among Businesses

By AWORI ESTHER LUCY KAMPALA, Uganda [SHIFTMEDIA] Parliament has passed the Competition Bill 2022 that will facilitate fair competition in markets and prevent practices having adverse impacts on competition in markets. The bill primarily seeks…

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CRISIS: Fuel Prices Rise After Global Supply Surprise Cuts

CRISIS: Fuel Prices Rise After Global Supply Surprise Cuts

By AWORI ESTHER LUCY JEDDAH, Saudi Arabia [SHIFTMEDIA] Fuel costs are expected to rise in Uganda and other East African nations following a surge in global oil prices. Oil prices have surged after Saudi Arabia…

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CRISIS: Experts Solicit Solutions For Uganda’s ‘Hole In Bucket’ Economy

CRISIS: Experts Solicit Solutions For Uganda’s ‘Hole In Bucket’ Economy

By PATRIK JARAMOGI KAMPALA, Uganda [SHIFTMEDIA] We can no longer afford to live in denial as if it is business as usual when Uganda’s economy is bleeding. Currently, the world in general and Uganda in…

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CLEARED: Uganda Airlines To Fly To Khartoum

CLEARED: Uganda Airlines To Fly To Khartoum

By Our Reporter KHARTOUM, Sudan [SHIFTMEDIA] The economic ties between Uganda and Sudan has been boosted with the clearance of Uganda Airlines to fly to the north African Arab nation. Sudan Civil Aviation Authority (SCAA)…

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FOOD SAFETY: Minister Urges Standards Body Board To Prioritize Quality

FOOD SAFETY: Minister Urges Standards Body Board To Prioritize Quality

By DOREEN ASASIRA KAMPALA, [SHIFTMEDIA]  The Uganda National Bureau of Standards (UNBS) has got a 10 member new board. The Minister of Trade, Industry and Cooperatives, Hon. Francis Mwebesa inaugurated the board; The National Standards Council…

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NOTICE: Car Dealers Cry Foul Over New Tax Measures

NOTICE: Car Dealers Cry Foul Over New Tax Measures

BY PATRICK JARAMOGI KAMPALA, Uganda[SHIFTMEDIA]  Motors vehicle car importers in Uganda are crying foul regarding the new move by Uganda Revenue Authority (URA) to have all imported cars older than 9 years from date of manufacture…

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LIFE MADE EASY: Opportunity Bank Mobile App Allows Inter bank Cash Access 24/7

LIFE MADE EASY: Opportunity Bank Mobile App Allows Inter bank Cash Access 24/7

 By Our Reporter KAMPALA, Uganda {SHIFT MEDIA] The hustle for accessing cash has been solved with a new mobile application App created by Opportunity Bank Uganda Limited The app that was launched at their Head…

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