Business

Kampala, Uganda | THE INDEPENDENT |  Senior Press Secretary to the President Don Wanyama has been appointed Managing Director/CEO of Vision Group. The Board Chairman of Vision Group Patrick Ayota announced the decision Tuesday. Wanyama, who has been President Yoweri Museveni’s press secretary since 2016, will replace Robert Kabushenga. The New …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) are set to fill 376 new vacancies in the first half of this year. “We urge all Ugandans with the requisite competencies, proven integrity, problem- solving, analytical and interpersonal skills plus the ability to handle multiple tasks to apply,” the …

  Net profit contribution from the business outside Kenya grew to 28% compared with 18% in the previous year Kampala, Uganda | ISAAC KHISA | Regional lender, Equity Group Holdings, has recorded 11% drop in profit after tax to Shs 684 bn for the year ended Dec.2020 citing effects of …

  Busia, Uganda | THE INDEPENDENT |  Fish farmers in Busia district are faced shortage of food to for the fish they are raring in ponds. According to the farmers, they are worried over the fish fingerlings in the ponds whose growth is being retarded and their quality quality deteriorating due …

Gulu, Uganda | THE INDEPENDENT |  A suspected outbreak of Coccidiosis has claimed hundreds of poultry birds in Palaro Sub County in Gulu district.  The disease has been reported in Palaro trading center, Mede, Oroko and Ongedo parishes.   An infected bird manifests with drooping in chicken, flu, difficulty in breathing, discharge …

Kampala, Uganda | IAN KATUSIIME | After a tough day of pitching ideas, four winning innovators walked away with UGX77m each from UNICEF to boost their capacity to provide solutions to socio-economic challenges affecting children mainly. The winning teams are SeatPack, Safe Water Harvester, KAINO Africa and Fine Reed innovates. They will also …

  Equity Group Holdings plans Trans-Africa expansion with $100 Million (Ksh 11 Billion) loan from the African Development Bank (AfDB)  ✳️ AFDB facility will support Equity’s expansion in East and Central Africa and ensure MSMEs have access to capital to recover and thrive in a Post COVID-19 Environment ✳ The …

Kasese, Uganda | THE INDEPENDENT |  The Fisheries Protection Unit-FPU has warned fishermen on Lake George against using pancakes to catch fish. This follows reports of fishermen who have adopted pancakes (kabalagala)  as a new method to make their catch.  The fishermen reportedly throw the pans into areas where they have …

Entebbe, Uganda | THE INDEPENDENT |  President of Uganda Yoweri Museveni and the President of  Tanzania Samia Suluhu today April 11, 2021 signed agreements to start full implementation of the East African Crude Oil Pipeline (EACOP) project. Museveni said he asked Suluhu for an April 11 signing, a day that was …

  Entebbe, Uganda | THE INDEPENDENT | The government of Uganda and its Tanzanian counterpart have today signed the East African Crude Oil Pipeline agreement that effectively signals the start of the construction of the pipeline that will transport Uganda’s oil from Hoima to the port of Tanga. The construction …