Business

Kampala, Uganda | THE INDEPENDENT  |  The Ministry of Finance has unveiled a new Medium-Term Debt Management Strategy (MTDS), aimed at ensuring value for money from the loans that are being borrowed for the next financial year.  The plan specifies how the government plans to structure its debt portfolio in the …

Kampala, Uganda | THE INDEPENDENT  |  Investment in public internet has increasingly become risky and less viable in Kampala City as opposed to several years ago. This is due to low returns as a result of fewer customers accessing the internet from cafes, according to business people dealing in internet data. …

Gulu, Uganda | THE INDEPENDENT  |  Uganda National Bureau of Standards (UNBS) has rolled out regional awareness campaigns targeting solar energy consumers and dealers ahead of their proposed crackdown on substandard products in the next financial year.  On Tuesday, UNBS held an intense civic discourse with over 150 entrepreneurs; solar energy …

Kampala, Uganda | THE INDEPENDENT  |  The interim leadership of Wandegeya Market in Kampala has embarked on the registration of all vendors in a bid to reorganize the market.  This is also expected to streamline the allocation of working space to the vendors. The new leaders were elected earlier this year …

Kampala, Uganda | THE INDEPENDENT  |  President Yoweri Kaguta Museveni has met the trade delegation from Kenya who are on a working visit to Uganda over efforts to revive the trade relations between the two countries.    The officials from Kenya started their week-long trip to Uganda on Monday with a …

Masaka, Uganda | THE INDEPENDENT  | Nyendo Township Market in Masaka city, is struggling to attract vendors four years after it was commissioned. President Yoweri Kaguta Museveni, in April 2017 commissioned the market which was constructed at 13 billion Shillings obtained from the Arab Bank for Economic Development in Africa (BADEA). The …

Samuel Ocanya is the head of financial inclusion at Letshego Uganda, a microfinance company that offers SME, mortgage and education loans among other lending products. He spoke to Julius Businge on how small and medium enterprises can overcome the COVID-19 crisis. Most businesses have reported a drop in revenue and …

Kampala, Uganda | THE INDEPENDENT  |  The Ministry of Energy and Mineral Development has reiterated that no construction project in the oil and gas industry will take place until all affected persons have been compensated or resettled.  This comes after the governments of Uganda and Tanzania and the oil and gas …

The conditions created by Covid-19 seem perfect for the price of gold to rise. Is gold now the best investment asset available? | MUSHTAK PARKER | These are challenging times for everyone as we enter the second year of a pernicious Covid-19 pandemic. There is a general consensus that the …

Gulu, Uganda | THE INDEPENDENT  |  Gulu District Local Government has approved the rehabilitation of 74.1 kilometres of roads worth 10 Billion Shillings.    Patrick Kinyera, the Gulu District Secretary for Works and Technical Services says that the rehabilitation will close the gaps of maintenance of the roads in the District.    The …