Business

▶ THEME: Industrialization for Job Creation & Shared Prosperity 💠 2019 – Sh40 trillion 💠 2018 – Sh32 trillion 💠 2017 – Sh22 trillion 💠 2016 – Sh20 trillion ▶ Domestic financing 74.5 percent ▶ External Financing 25.5 Top ✅ Works-Transport Sh6.4 trillion ✅ Security 3.6 trillion ✅ Education 3.2 trillion Bottom …

Kampala, Uganda | Julius Businge | The Bank of Uganda Governor Emmanuel Tumusiime Mutebile has advised the general public to take note of the changes made by the Central Bank of Kenya on its currencies. In a media release circulated on June 12, Mutebile urged the public to be vigilant when transacting …

Kampala, Uganda | Julius Businge |  About 500 delegates and 30 exhibitors from 20 countries globally are expected to attend the 4th African Tea Convention and Exhibition starting from June 26 up to 28 at the Kampala Serena Hotel. The global event for the tea industry organised by the East African …

Kampala, Uganda | THE INDEPENDENT | Businesses and money changers have suffered major disruptions following the suspension of the Kenyan currency conversion in Uganda. Consequently, many have seen the value of their money fall but also had to contact their friends near the border to help them do conversions in …

Entebbe, Uganda | THE INDEPENDENT | Construction of a new cargo centre at Entebbe International Airport is almost complete, the Civil Aviation Authority has said. The cargo centre is part of the 720 billion Shillings project undertaken by China Communications Construction Company to expand and upgrade Entebbe International airport. The …

More accounts opened as players suggest ways of boosting market activity Kampala, Uganda | JULIUS BUSINGE | There is good news at the Uganda Securities Exchange. The latest market report shows that the number of depository accounts being opened is on the upward trend, signaling a growing interest by the …

Local industrialists asked to bridge Shs 300bn annual financing gap Kampala, Uganda | RONALD MUSOKE | Conservationists and industrialists rarely agree on matters regarding environmental conservation but in two rare meetings held in Kampala over breakfast, they both concurred on the need to work together to save the country’s fast …

Kabale, Uganda | THE INDEPENDENT | The Uganda-Rwanda border at Katuna has been opened to allow movement of heavy trucks, in what Rwanda says will be to try its one-stop-border infrastructure. In a statement issued last night, Rwanda Revenue Authority (RRA) said the area will only be open from today …

    COMMENT | Patrick Bitature | I would like to congratulate the government for having successfully gone through the 2019 Manifesto Week, that run from 13th -24th May 2019. I particularly would like to applaud government for having attained a mid-term manifesto implementation score of 62 percent to date, according …

‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …