Business

Kalangala, Uganda | THE INDEPENDENT  |  Over 60 shillings worth of fishing equipment has gone up in flames in fire outbreak in Kalangala islands. Three fishing boats with 25-horse power engines and their fishing nets have this afternoon been burnt up in a fire that broke out at Nkose Landing Site …

Jinja, Uganda | THE INDEPENDENT  |  Lack of funds in the country and at the transboundary level is hampering attempts to limit fights over River Nile water through development projects. The concern is one of the highlights as countries in the Nile Basin celebrated the annual Nile day held on February …

Amuru, Uganda | THE INDEPENDENT  | Residents of Elegu Town Council in Amuru District have tasked leaders to properly plan for infrastructure at the Uganda – South Sudan border to avert floods and fire incidents. Established in early 2012 after South Sudan’s breakaway from Sudan in 2011, Elegu has evolved to …

Mbarara, Uganda | THE INDEPENDENT  |  Mbarara city council Authority has lost 600 million shillings for the financial year 2020/21 due to the delay to finalize the construction Central Market. The 21 billion Shilling construction of the Mbarara central Market started in February 2018 and was expected to be completed in …

Stanbic Bank to support customers and boost business with affordable loan offerings Kampala, Uganda | THE INDEPENDENT | Stanbic Bank Uganda has today launched the ‘Now-Now loans’ campaign aimed at offering customers quick and affordable loans to overcome financial challenges in the wake of the Covid-19 pandemic. All Stanbic’s loan …

Kalangala, Uganda | THE INDEPENDENT  |  Palm Oil fruit farmers have resorted to harvesting immature fruits because of improved prices. The price of the Fresh Fruit Bunch-FFB increased to Shillings 700 from Shillings 400 in December last year. The price has increased further to Shillings 831 a kilogram. David Balironda, the …

Kampala, Uganda | THE INDEPENDENT  |  Ugandan exporters are crying over the business disruption caused by the exit of the United Kingdom from the European Union alias Brexit as they were coming to terms with the effects of Covid-19. The UK voted to leave the EU in 2016. While it officially …

Kampala, Uganda | THE INDEPENDENT  |  Ugandans do not know how to use expressways, and dual carriageway, implying that it will take a lot for the country to rip the benefits of the huge investment in such infrastructure projects. Several motorists drive from points where they are not supposed to, causing …

Kampala, Uganda | THE INDEPENDENT  |  Several Ugandans have continued to use the Virtual Private Networks (VPNs), since the government blocked access to the internet on January 13th before partly restoring it on January 18th.  On easing the conditions, mobile internet was still highly restricted and the use of VPNs came …

  Kampala, Uganda | THE INDEPENDENT | Yang Jiechi, Member of the Political Bureau of the Central Committee of the CPC and Director of the Office of the Foreign Affairs Commission of the CPC, has delivered to Uganda’s President Yoweri Museveni a message from China’s President Xi Jinping. The top China …