Business

  Nairobi, Kenya | THE INDEPENDENT | Kenya will re-open its airspace to international flights on August one for priority and authorized airlines and travelers. Uganda is one of only 19 countries that have been authorized to fly into Kenya. Travelers from the 19 countries who do not have symptoms …

Kampala, Uganda | THE INDEPENDENT | More Ugandans are buying insurance through their banks as the channels have boosted confidence in insurance, players have said. Official figures show an upward curve of insurance products through banks, which is technically known as bancassurance. It started in Uganda in 2017 after the amendment …

Hoima, Uganda | THE INDEPENDENT | Fishermen on Lake Kyoga have been exempted from taxes for six months, the Minister of State for Fisheries Helen Adoa has confirmed. This follows the resumption of fishing operations in Lake Kyoga after they were banned in January. The fishermen are supposed to pay …

Kampala, Uganda | THE INDEPENDENT | A study of prices of coffee in the international market has found that African farmers are earning less money compared to producers in other jurisdictions like Brazil, Colombia, and India. The study looked at prices paid between 2000 and 2018. It notes that the …

Kampala, Uganda |  THE INDEPENDENT |  Parliament today unanimously rejected the proposal to deregister coffee farmers who fail to meet standards set by Government in regards to coffee growing. Parliament has been discussing the National Coffee Bill 2018 that among other things seeks to register all coffee farmers, and deregister farmers …

Kampala, Uganda |  THE INDEPENDENT |  The Germany government has committed to spending over two hundred and fifty-three billion shillings (EUR 58.4 million) to finance access to renewable energy, agriculture and rural development in Uganda. The money will also help in the area of good governance and human rights.  The German Embassy …

Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda-BATU has reported a revenue shortfall in the first six months of 2020 due to disruptions by the coronavirus pandemic. In its financial statement issued on Wednesday, BATU says its gross revenue fell by 12 percent as a result of low …

Arua, Uganda |  THE INDEPENDENT |  Atiak Out growers’ Cooperative Society Limited has cried foul for unpaid sugar cane seeds worth over 300 million cut from their plantations. The cane seed were cut by Atiak Sugar Industry with approval from the National Agriculture Advisory Services-NAADS during the first planting season in …

Serere, Uganda |  THE INDEPENDENT |  The government has lifted a ban on fishing in Lake Kyoga after months of a fishing holiday. Fishing activities were suspended in January 2020 in the districts of Serere, Kaberamaido and Soroti, while areas of Amolatar, Nakasongola and other districts had taken more than 14 …

Stanbic, Coca-Cola, Nice House of Plastics sign plastics deal Kampala, Uganda | JULIUS BUSINGE | Faced with the undeniable consequences of a toxic tide of plastics, three private firms have entered into a partnership to recycle plastic waste. Stanbic Bank, Cola-Cola Beverages Africa and Nice House of Plastics on July.22 signed a …