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East African Community Secretary General Liberat Mfumukeko visits PSFU >  East African Community Secretary General Liberat Mfumukeko concluded his visit to Uganda with a meeting at Private Sector Foundation Uganda (PSFU). PSFU was represented by Mr. Gideon Badagawa, Mr. Jim Kabeho, MS. Barbra Mulwana, and Mr. Stuart Mwesigwa among others. The purpose of the visit was for the Secretary General together with hi
EABC Chairman urges EAC Heads of State to partner with Private Sector in Formulation of regional trade policies >  Arusha, Tanzania. As a true strategic partner to EAC integration process, the East African Business Council (EABC) had the opportunity to participate at the 20th Ordinary Summit of the EAC Heads of State. EABC has an Observer Status at the EAC and is recognized as a champion of private sector interests in the region in accordance with t
Uganda Registration Services Bureau (URSB) to register companies in less than one hour >  The Uganda Registration Services Bureau (URSB) has digitized about 60% of its processes to improve the ease of doing business in the Country. Digitization of processes at URSB will enable companies to register in under an hour with more than 50% of the registration costs slashed. URSB Registrar General, Mr. Bemanya Twebaze said during th
Trade and Development Bank to Focus on Africa’s Long Term Growth Projects >  President of the Eastern and Southern African Trade and Development Bank, Admassu Tadesse has said the Bank is looking to participate in long term funding for infrastructural development projects in Uganda and Africa. Speaking at the 34th annual General meeting for the regional Governors in Kampala, the president noted that although TDA
Africa agrees deal for Continental Free Trade Area >  On March 21, 2018, 44 African heads of state and government officials met in Kigali, Rwanda, to sign the framework to establish this initiative of the African Union. The AfCFTA will come into effect 30 days after ratification by the parliaments of at least 22 countries. Each country has 120 days after signing the framework to ratify.
There is big progress in Monetary Union – regional governors >  East African Community (EAC) central bank governors have assured the region that big progress towards the establishment of a Monetary Union is visible. In late 2013, EAC countries (Uganda, Kenya, Tanzania, Rwanda and Burundi) signed a joint protocol setting out the process and convergence criteria for an EAC Monetary Union.  The
African Development Bank achieves historic disbursement of US $7.81 billion, exceeding 2017 target >  The African Development Bank, under the leadership of its President, Akinwumi Adesina, has increased disbursements to support the structural transformation of countries in Africa, according to its Annual Report, released during the Annual Meetings in Busan, Korea. Bank disbursements reached US $7.81 billion in 2017, a 15% increase over

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