Business

UMEME on track to increase connections from 1.9 million to 3 million in 2024

UMEME Ltd has invested sh9b in the revamping of the Hoima substation – which is located in Kinubi Cell on the outskirts of the...

Bunyoro Kingdom Invests sh5b in diverse ventures to tap oil and gas opportunities

In a strategic move to seize the forthcoming prospects in the burgeoning oil and gas sector within the Albertine Graben, Bunyoro-Kitara Kingdom has so...

Strategies for preventing a debt crisis in Sub-Saharan Africa

The average debt ratio in sub-Saharan Africa has almost doubled in just a decade—from 30 percent of GDP at the end of 2013 to...

Malawi President launches initiative to eliminate Food Shortages

Malawi’s president has launched a large-scale crop production initiative known as “mega farms,” aimed at boosting the country’s agricultural-based economy and help end persistent...

Report: Africa stands to lose $25b every year in EU carbon border tax

A new European law that imposes the first ever carbon border tax in the world comes into force in October 2023. It will be applied gradually over...

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