Sudan is currently experiencing a shortage of bread due to a lack of foreign exchange for wheat imports. Residents have been spotted standing in lines outside several Khartoum-area bakeries following an increase in the price of bread by about a… Read more ›
Foreign traders who do not fulfill the Ugandan government’s investor requirements have until January 2014 to shape up or ship out, says the minister of trade. The minister of Trade, Industry and Cooperatives, Amelia Kyambadde, issued a statement late last… Read more ›
Kenyan retail chain, Uchumi, began trading on the Uganda Securities Exchange (USE) on Wednesday after receiving approval from the Ugandan capital markets authority. The retail chain has cross listed 265,426,614 ordinary shares valued at Ksh 5.00 each. This move is… Read more ›