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Business news

Behind the increase in sugar price

Cane shortage amidst increased exports complicates the equation for local consumption Kampala, Ugnada | JULIUS BUSINGE | Local sugar consumers should brace themselves for further increases in price for the sweet commodity owing to a fall in production volumes amidst an increase in export volumes, according to industry players and …

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A regulated pensions environment breeds transparency and accountability

COMMENT | Lydia Mirembe | There was a time when the retirement benefits sector in Uganda was defined by gross mismanagement, lack of transparency and accountability, outright corruption and brazen embezzlement of savers’ money. The establishment of a Sector Regulator since 2011, has provided a foundation for continued improvement in scheme …

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Mbarara science university develops new organic fertilizer

Mbarara, Uganda | THE INDEPENDENT | Mbarara University of Science and Technology has developed a new organic fertilizer. The Organic Fertilizer, I-Soft Organic Fertilizer was innovated and developed by students of the Faculty of Agriculture and Livelihood in collaboration with the Mbarara Grapes Farmers Association, and Mbarara Agricultural Research Development …

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Small claims procedure recovers Sh328 million in Masaka

Masaka, Uganda | THE INDEPENDENT | Over 328 million Shillings have been recovered through the Small Claims Procedure conducted by grade one Magistrate courts in Masaka over the last year. Mastulah Mulondo, the Chief Registrar in Charge of Small Claim Procured in the Judiciary, said that the money had been …

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