Friday , March 29 2024
Home / Business (page 495)

Business

Business news

Equity Bank sees 2019 as good year

Kampala, Uganda | THE INDEPENDENT | Equity Bank is one of the 25 commercial banks offering financial services in Uganda. The Independent’s Julius Businge spoke to the Bank’s Executive Director, Anthony M. Kituuka on their strategy to deliver good growth in 2019 and beyond. What are your expectations in this New …

Read More »

Uganda revises aviation law

Kampala, Uganda | THE INDEPENDENT | Uganda has revised its aviation regulations, giving more powers to regulator Uganda Civil Aviation Authority. Under the Civil Aviation Amendment Bill 2017 that was recently passed by parliament, the CAA now has oversight over all public and private aerodromes as well as civil aviation training …

Read More »

African SMEs get US$30million boost

Kampala, Uganda | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) has signed an agreement with the African Guarantee Fund (AGF) for a US$30 million re-guarantee facility to support African small and medium-sized enterprises (SMEs) in the trade value chain to access funds for their activities. Gwen Mwaba, the director for …

Read More »

Electricity Supply Cost: Museveni, UMEME differ

Kampala, Uganda | THE INDEPENDENT | While UMEME recently boasted that they are innovating to reduce operation costs, President Yoweri Museveni has in his New Year’s message said the leading power distributor in the country accounts for 34% of the power distribution cost. Museveni said UMEME is a key “distorter” in the …

Read More »

Uganda public debt burden to bite in 2019/2020 – CSOs

Kampala, Uganda | THE INDEPENDENT |  Civil Society Organizations (CSO) under the Umbrella Civil Society Budget Advocacy Group have expressed fears that impact of the highly shooting public debt is going to be much felt by Ugandans in the next financial year as government plans to spend more on debt …

Read More »

UMEME disconnects Mbale market over Sh33 million power debt

Kampala, Uganda | THE INDEPENDENT | UMEME has disconnected Mbale Central Market over accumulated unpaid power bills of Shs 33million.The disconnection, which was carried out two weeks ago has left vendors counting losses. The most affected areas include; those selling fresh fish, meat, salons, tertiary clothes, tailors, mobile phones repairs, bakery, …

Read More »

Lira Municipal Council suspends payment of Boda Boda fees

Kampala, Uganda | THE INDEPENDENT | Lira Municipal has temporarily halted payment of annual registration fees by boda-boda operators. The suspension of payment of 30,000 shillings was authorized by the Mayor, Mike Ogwang Olwa. The decision stemmed from series of complaints filed by the cyclists who want the fees reduced to …

Read More »

TEF opens Applications for 5th Cycle of $100m Entrepreneurship Programme

Kampala, Uganda | THE INDEPENDENT | The Tony Elumelu Foundation, the leading African-funded and founded philanthropy committed to empowering African entrepreneurs, is now accepting applications for the 2019 cohort of the TEF Entrepreneurship Programme. The Programme is a 10-year, $100 million commitment to identify, train, mentor and fund 10,000 African entrepreneurs. …

Read More »

ICPAU releases November 2018 examination results

Kampala, Uganda | JULIUS BUSINGE | The Institute of Certified Public Accountants of Uganda has Thursday (Jan.03) released results for examinations  administered between November 26-30 at examination centres of Arua, Fort Portal, Gulu, Kampala, Mbale, Mbarara and Nkozi. The results released by ICPAU’s President Frederick Kibeddi (CPA), the Chairperson of the …

Read More »