Business

Gulu, Uganda | THE INDEPENDENT  |  The National Forestry Authority (NFA) has realized Shillings 11.3million from the auction of impounded charcoal. The charcoal was impounded from Amuru and Adjumani districts during joint operations manned by the Environmental Police Protection Unit and NFA last month against illegal charcoal dealers in Northern Region. …

Gulu, Uganda | THE INDEPENDENT  | Charcoal dealers have cleared thousands of shea nut tree acreages in Acholi Sub Region. The dealers have over the years spread out in Gulu, Amuru, Agago, Kitgum, Lamwo and Pader districts where they have massively cut down several acres of shea nut trees for charcoal. The …

Kampala, Uganda | THE INDEPENDENT  |  The immediate former Secretary-General of the East African Community, Ambassador Libérat Mfumukeko hopes that he will be remembered as a man who steered the development of several infrastructure projects in the region and removal of ‘many’ non-trade barriers in the integration process. “From 2016 to …

Uganda hosts more than 1.4 million refugees with majority coming from the South Sudan and Democratic Republic of Congo Kampala, Uganda | ISAAC KHISA | Mercy Corps has partnered with African Executive Leaders Solution to launch a digital platform to help legal refugees and youths close the gap in accessing …

Fort Portal, Uganda | THE INDEPENDENT  |  The Minister of ICT and National Guidance, Judith Nabakooba has promised to work with the relevant bodies to review the guidelines on the mandatory free airtime offered to government in Radio and TV stations. In 2014, Uganda Communications Commission (UCC) issued a guideline requiring …

The tech-firm aims to strengthen its presence in Uganda and Mali and expand its offerings to more markets on the continent | THE INDEPENDENT | OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a Seed investment of $1.2 million. The round …

Low absorption of loans has led to an increase in the cost of loans hence leading to low returns on public investments Kampala, Uganda | JULIUS BUSINGE | Increasing finance towards the social sectors will improve the livelihoods and incomes of most households as envisaged in the National Development Plan …

Kampala, Uganda | THE INDEPENDENT  | The European Commission has announced new funding of €32 million euro (Ushs 140 billion) towards humanitarian activities in Uganda.  This is part of a wider Horn of Africa humanitarian assistance worth €149 million in aid for the year 2021. The Commissioner for Crisis Management, Janez Lenarčič, …

Kampala, Uganda | THE INDEPENDENT  |  Parliament’s Budget Committee has questioned the Minister of Finance Matia Kasaija on   the low funding to the Judiciary despite a recent directive by President Yoweri Museveni for a 800 billion Shilling budget allocation. Kasaija on Monday appeared before the Committee to present the 3.48 trillion additional …

Kampala, Uganda | THE INDEPENDENT | Lack of data is the key setback in cocoa production and marketing in Uganda. Emmanuel Lubega, the Uganda-South Sudan national coordinator at the East African Business Council-EABC, argues that even when hundreds of farmers are involved in cocoa-growing, the country lacks accurate production data to attract …