Business

Changsha, China | XINHUA | Chinese scientist Yuan Longping, renowned for developing the first hybrid rice strain that relieved countless people of hunger, died of organ failure at 91 on Saturday. The top rice scientist passed away in a hospital in Changsha, capital of Hunan Province, at about 1 p.m., …

Dar es Salaam, Tanzania | THE INDEPENDENT & XINHUA |  Ugandan President Yoweri Museveni on Thursday said oil revenues must be invested in avenues that create jobs and wealth. The Ugandan president said since oil is an exhaustible resource, revenues from it should be used to build the infinite resources in …

Masaka, Uganda | THE INDEPENDENT |  The Police and Umeme enforcement teams in Masaka City on Thursday spent the better part of the day in running battles with residents over illegal power connections. The operation dubbed “Komboa” begun from Nyendo Township, a suburb in Masaka city. It was characterized by scenes …

Hoima, Uganda | THE INDEPENDENT |  As the long-awaited Host Government Agreement (HGA) was being signed between Uganda’s President Yoweri Museveni, Tanzania’s Samia Suluhu  and TOTAL in Dar es Salaam today, the French oil company commenced work on its Tilenga Industrial Area in Kasenyi, Buliisa District. It is here that TOTAL will build its …

Kampala, Uganda | THE INDEPENDENT |  Tanzania today signed an agreement to host the East African Crude Oil Pipeline with its lead investor Total.    The signing of the long-awaited Host Government Agreement(HGA) on Thursday was witnessed by President Yoweri Museveni and Samia Suluhu Hassan in Dar es Salaam.    The …

Mbale, Uganda | THE INDEPENDENT |  The new Mayor for Mbale City has said that he will focus on increasing local revenue generated within the city.    Cassim Namugali, who swore in on Wednesday said that one of the challenges that his team is inheriting is the dwindling local revenues which …

Busia, Uganda | THE INDEPENDENT |  There is anger among Busia market vendors who have missed out on stalls in the new market. On Monday, Busia municipal council authorities started to resettle traders in the new market constructed at Solo A village in Western Division.  Pascal Moyah, the Western Division town …

Kitgum, Uganda | THE INDEPENDENT |  Farmers in Kitgum and Pader Districts are failing to reap profits from the sale of fresh organic mangoes over limited markets. It is the mango season in the region and most homesteads within rural and some urban areas with mango trees are flourishing with ripe …

Kampala, Uganda | THE INDEPENDENT |  A year since the commencement of the Presidential Initiative on Wealth Creation dubbed Emyooga, the initiative has so far disbursed Shs 200 billion to SACCOs for online disbursement to the parish-based group.  However, many would be beneficiaries say they have not yet received the money, …

Jinja , Uganda | Julius Businge |  Eskom Uganda has improved Jinja city after investing Shs233million in lighting up the area. It said in notice shared with The Independent that it had handed over 31 solar streetlights, installed on Gabula Street to the Jinja City leadership. This investment is part of …