Business

Kampala, Uganda | THE INDEPENDENT | Leaders of various Boda Boda stages have accused police personnel attached to Police Posts in Kampala City of working with robbers operating on motorcycles. The accusations were made in an open meeting between Police officials and Boda Boda leaders. This follows several incidents where …

  Kampala, Uganda | THE INDEPENDENT | The government has asked over 70 arcades in Kampala to remain closed until they fulfill Standard Operating Procedures (SOPs) aimed at stopping the spread of COVID-19. While lifting the 42 days lockdown that was instituted to contain the second wave of COVID-19,  President …

Jinja, Uganda | THE INDEPENDENT | Jinja city authorities have confirmed the outbreak of Foot and Mouth Disease (FMD). The disease is prevalent in Masese, Jinja central business area and Budondo. Speaking to URN on Saturday, Rajab Kiito, the Public Relations Officer Jinja city, said FMD is mainly affecting pastoralists …

Kampala, Uganda | THE INDEPENDENT | Post Bank has failed to recover Sh235million that was disbursed in double payments to COVID-19 cash beneficiaries, according to the bank’s Chief Executive Director, Andrew Kabeera. He disclosed this to a joint parliamentary team comprising the Public and Local Government Accounts committee. Parliament is currently …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) insists that Non-Contact Infrared Thermometers should all give similar and accurate temperature readings if used according to their guidelines. This can only fail if the thermometers, also called temperature guns are either faulty, not up to standard …

Kampala, Uganda | THE INDEPENDENT | There is anger and frustration among a section of persons affected by the impending construction of the East African Crude Oil Pipeline-EACOP, as the project implementers move to secure land in Kyotera and Rakia districts. The aggrieved include 21 households that will be physically displaced as …

Kampala, Uganda | THE INDEPENDENT | Uganda Investment Authority (UIA) has partnered with the Uganda Peoples Defence Forces (UPDF) to construct 25 industrial parks across Uganda. The partnership was Thursday formally announced in a meeting between UIA’s Director General Robert Mukiza and the Managing Director of National Enterprise Corporation (NEC), Lt …

  Nairobi, Kenya | THE INDEPENDENT |  Equity has been named the Best Regional Bank in East Africa at the 2021 African Banker Awards. According to a statement, the award was conferred to the bank for its strong and consistent financial performance, its role in leading the disruption of Fintech …

Entebbe, Uganda | THE INDEPENDENT |  President Yoweri Museveni has likened himself to Pontius Pilate in the Bible, as he reluctantly agreed to the workers mid-term access to their saving in the National Social Security fund. He today directed the Minister for Gender, Labour and Social Development Betty Amongi to make …

Abidjan, Ivory Coast | THE INDEPENDENT |   The African Development Bank (AfDB), through its Financial Sector Development’s Trade Finance operations, has launched a Transaction Guarantee instrument designed to provide up to 100% cover for non-payment risk to regional and international banks, for trade transactions initiated by local banks in Africa. The …