Business

Kampala, Uganda | THE INDEPENDENT | Public transporters plying the Kampala-Masaka Highway have tripled fares following the flooding of River Katonga in Mpigi District. On Thursday, the Uganda National Roads Authority -UNRA and the Traffic Police closed the road to stop motorists attempting to maneuver through the risen water levels …

Kampala, Uganda | THE INDEPENDENT | The Federation of Small and Medium Sized Enterprises (FSME) has partnered with The Innovation Village (TIV) to provide digital literacy to micro, small and medium enterprises (MSMEs) in Uganda. This partnership aims to address the urgent need for digital skills among SMEs and MSMEs, which …

Kampala, Uganda | THE INDEPENDENT | The government’s amendment to the proposed budget for the financial year 2023/2024, indicates an increase in the resource envelope from 50.9 trillion to 51.9 trillion Shillings. Henry Musasizi, the Minister of State for Finance- General Duties tabled the document on Wednesday during the plenary …

Mbarara, Uganda | THE INDEPENDENT | Lato Milk, a dairy processor in Uganda, has launched a new initiative dubbed Project Prosperity. Having spent over a decade as a dairy processor in the region, Lato has a wide range of dairy products to supply and works closely with smallholder dairy farmers …

Kampala, Uganda | THE INDEPENDENT | The Uganda Muslim Supreme Council (UMSC) has established a board of trustees for property and endowment (Awqaf) management. The board of trustees, led by Abubakar Mugaino and deputized by Hajji Jamad Luuta Musoke, will have representation from all Muslim regions. The board’s primary objective …

Filmmakers to be empowered through training across four regions Kampala, Uganda | THE INDEPENDENT |  MultiChoice Uganda has in partnership with the communications regulator, Uganda Communications Commission (UCC), and partners, launched the Uganda Film Festival Regional competitions and training sessions across four regions in Uganda. The competitions are part of the …

  Airtel Mobile Commerce Uganda Limited (AMCUL) will open its APIs to third party innovators, simplifying service delivery, and enabling them to develop new solutions Kampala, Uganda | THE INDEPENDENT |  Airtel Mobile Commerce Uganda Limited (AMCUL) and the United Nations Capital Development Fund (UNCDF) have today announced the launch of …

Arua, Uganda | THE INDEPENDENT  | The World Bank has expressed concern over the low absorption of funds by local governments implementing the Uganda Support to Municipal Infrastructure Development (USMID) Additional Financing project. Out of the US$5.4 billion invested in the program, only 30% of the funds have been absorbed …

MTN Uganda and Stanbic Bank are the only Ugandan-listed companies on the list in the region Kampala, Uganda | THE INDEPENDENT | Seventeen East African firms are among the list of the continent’s most valuable brands, with the Safaricom retaining the top spot amidst a decline in its overall ranking. The …

Kasese, Uganda | THE INDEPENDENT | Smuggling of goods through porous borders in Mpondwe, Kasese district is frustrating the efforts of the Uganda Revenue Authority (URA) to achieve its tax collection targets. Smuggling involves the supply, distribution, and sale of products on which applicable taxes in the country of consumption …