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Police arrest 25 Tororo vendors tyre burning during demo

Tororo, Uganda |  THE INDEPENDENT |  Police in Tororo district are holding 25 vendors who were arrested for allegedly staging illegal demonstrations in Tororo town. The vendors closed their lock ups in demands for the proper management of the park including payment of utilities, among others. The 25 vendors were arrested …

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Tough times for Africa’s upstream oil and gas

How is the Covid-19 pandemic impacting investment in large-scale oil and gas developments in sub-Saharan Africa? Ian Lewis sees tough times ahead Getting upstream oil and gas projects off the ground in sub-Saharan Africa was challenging before the Covid-19 pandemic. Now the operating environment is even tougher, as the industry contends with …

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Tax incentives induced by COVID-19 may be futile -NGOs

Kampala, Uganda |  THE INDEPENDENT |  The business community might have to forget the tax incentives that the government offered them to mitigate the effects of the COVID-19 pandemic on their businesses, as there is no necessary legislation to enable their enforcement.    The 2020/2021 budget was delivered under the theme: …

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Ham vs DTB court ruling

Experts warn of dire consequences for the private sector, government in relation to access to capital Kampala, Uganda | RONALD MUSOKE | Capital inflow in form of loans is big business in Uganda. In both the private and public sectors, loans secured from foreign investors boost service delivery, improve people’s …

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Covid19 delays completion of Busia modern market

Busia, Uganda |  THE INDEPENDENT |  The COVID19 pandemic has delayed the completion of Busia Modern Market.  The Shillings 24 billion market construction that is being undertaken by Zhanghao-Zhongeng joint ventures  was expected to be completed by April 30th, 2020.     However, the project Engineer Enoch Luwabo says construction work …

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