Business

Hoima, Uganda | THE INDEPENDENT |  Suspected Congolese Militiamen have raided the Lake Albert waters yet again, abducting 16 Ugandan Fishermen. The militiamen also robbed four fishing boats, four boat engines and several sets of fishing nets from the fishermen. The attack occurred on Sunday near the Kaiso landing site in …

Jinja, Uganda |  THE INDEPENDENT  |  Dozens of residents have thronged the Jinja city based sailing club beach to view the 100% plastic made dhow called the Flipflopi. The Kenyan made plastic dhow is being showcased on selected beaches across Lake Victoria in the countries of Kenya, Tanzania and Uganda with …

Kanungu, Uganda |THE INDEPENDENT |  The Water and Environment Ministry has repaired the Ntungwa river solar irrigation scheme in Kanungu district a few days after URN reported about it. The solar irrigation scheme, which commissioned in January 2019, is found in Kameme village in Kibimbiri parish in Kihihi sub-county.   It was built …

Kampala,, Uganda | Julius Businge  |  As players in maize trading between Uganda and Kenya workout modalities for improving trade relations, questions remain on whether authorities can walk-the talk.    On March 11, Kenya announced the lifting of a ban on imports of maize grain from Uganda and Tanzania with strict …

Kampala, Uganda |  THE INDEPENDENT  | Maize farmers have blamed the government for the current trade standoff between Uganda and the export markets, over alleged poor quality.  The farmers say that the government has either mishandled or neglected its mandate in the value chain, which has seen the food production, processing …

Kampala, Uganda |  THE INDEPENDENT  |  Uganda will not retaliate against Kenya over the ongoing trade wars, president, Yoweri Museveni has said. He dismissed the calls for retaliation in his televised address on Sunday evening, saying it does not offer a long-lasting solution to the problem. His remarks come at the …

Kampala, Uganda |  THE INDEPENDENT  |  Manufacturers, importers and distributors of sugar and cement have up to May 31, 2021, to clear stocks of the products that have no digital tax stamps. The stamp was introduced to enforce the Digital Tracking Solution (DTS) aimed at ensuring that the said products only …

Kisoro, Uganda |  THE INDEPENDENT  | Trade volumes between Uganda and the Democratic Republic of Congo (DRC) has increased by USD 380 million, over the last three years, according to Trade Minister Amelia Kyambadde. Kyambadde explains that in the year 2020, trade volume between the two countries increased to USD 580 …

Kampala, Uganda | Julius Businge  |  A total of 30 small and medium enterprises are going to benefit from Absa Bank Uganda mentorship programme that will handle matters entrepreneurship and finance.  The beneficiaries will be picked from 100 small and medium-sized enterprises that are set to benefit from a Business Continuity …

AVIATION NEWS | Airspace Africa | Over the past year, the aviation industry has witnessed a drastic reduction of the active global airline fleet as a result of a dramatic decline in demand as well as the accelerated closure of airlines around the world. In the wake of the pandemic, many who …