Business

Kampala, Uganda | THE INDEPENDENT | More than 30 million male and 173,000 female condoms are ready for distribution nationwide during Christmas and Boxing Day, according to officials of Uganda’s ministry of health. Vastha Kibirige, the National Coordinator of the Condom Desk in the Health Ministry confirmed to URN that unlike …

Kampala, Uganda | THE INDEPENDENT | Street vendors overwhelmed the Kampala Capital City Authority (KCCA) law enforcement team in downtown Kampala on Christmas eve. On Tuesday, the street vendors poured on the road between Owino Market and Mukwano Arcade stretching all the way to Ham Shopping ground, making it almost …

Kampala, Uganda | THE INDEPENDENT  |  A temporary bus terminal has set up in Kamwokya for travelers going for Christmas festivities in Western Uganda. The terminal located on Kifumbira road in Kifumbira Cell off Mawanda Road operates using hired school buses. The businessmen behind the terminal say they set it up …

New York, United States | AFP | Boeing on Monday replaced its embattled chief executive, Dennis Muilenburg, as it attempts to pivot from a protracted crisis surrounding the grounding of its top-selling 737 MAX after two deadly crashes. More than nine months after the MAX was grounded and a week …

DR EZRA SURUMA: No Ugandan can open a bank now COMMENT | Dr. Ezra Suruma | One of the most blatant aims of new colonialism (neocolonialism) is to ensure that Africans are denied access and control of capital. The evidence is overwhelming. It started in 1987 when the World Bank …

Arua, Uganda | THE INDEPENDENT  |  Councilors in Arua Municipality have commended the progress of works on the multi-billion Arua Hill Stadium.  The 40,000 Seater Stadium complex comprising Business units and Apartments is being constructed by Joadah Consults with funding from Development Infrastructure, a local construction company at a tune of …

 Kalangala, Uganda | THE INDEPENDENT  |  The Ministry of Works and Transport has cleared MV Kalangala to make extra trips during the festive season.  The clearance through Nation Oil Distributors Limited, the company that operates MV Kalangala is part of the efforts by the Ministry to manage increased number of tourists …

Abidjan, Ivory Coast | AFP | Eight West African countries Saturday agreed to change the name of their common currency to Eco and severed the CFA franc’s links to former colonial ruler France. The CFA franc was initially pegged to the French franc and has been linked to the euro …

Kabale, Uganda | THE INDEPENDENT  |  There was jubilation in Kabale district on Friday after the Ministry of Local Government officially handed over the Kabale Central Market to China’s Chong Chuing International Construction Company to reconstruct the market.  Chong Chuing International Construction Company won the contract in October 2019. The reconstruction …

Kampala, Uganda | THE INDEPENDENT  |  Ugandan milk crossing over to Kenya will be charged 16% Value Added Tax (VAT) as a measure to protect their local market. This week, Kenyan officials were in Uganda for a verification exercise to see whether the glut of milk entering their country was actually …