Business

Entebbe, Uganda | THE INDEPENDENT | The repatriation of Ugandans stuck abroad because of the COVID-19 pandemic will start this week with Uganda Airlines flying home several from South Africa. “Uganda Airlines will operate a repatriation charter flight for Ugandans in South Africa; Johannesburg to Entebbe on 25th June 2020,” Uganda …

Hoima, Uganda |  THE INDEPENDENT |  President Yoweri Museveni has instructed the Ministry of lands to start a process to compensate the Omukama of Bunyoro Solomon Gafabusa Iguru for his land in Hoima and Kikuube districts, which was encroached on by settlers and developers.  The first land which is located in …

Jinja, Uganda |  THE INDEPENDENT |  The National Water and Sewerage Corporation-NWSC has faulted road contractors for failing to repair sewerage lines and damaged water pipes destroyed during their course of duty.  Agnes Atwooki, the NSWC Jinja area Principal Public Relations Officer told URN that Jinja, one of the country’s oldest …

Kampala, Uganda | THE INDEPENDENT | The Capital Markets Authority-CMA has called on business owners whose operations have been affected by the COVID-19 pandemic to consider investing in safe assets like government securities and cash investments. The Capital Markets Authority led by its CEO, Keith Kalyegira said this today while …

Entebbe, Uganda | THE INDEPENDENT | All four of Uganda Airlines new Mitsubishi CRJ-900 (Bombardier) planes went airborne Friday afternoon after 90 days on ground. Images from Flightradar24. com,  a global flight tracking service that provides you with real-time information about thousands of aircraft around the world, showed the four …

Kampala, Uganda |  THE INDEPENDENT |  The Uganda Bankers’ Association has said that commercial banks have restructured loans to a tune of 2.02 trillion Shillings as a result of the effects of the COVID-19 lockdown on businesses. According to the Association’s Executive Director Wilbrod Owor, in the first month of restructuring, …

New York, United States | AFP |  Faced with then near-complete shutdown of travel, and a devastating hit to its business from the coronavirus, Arrangements Abroad mobilized to secure a $597,000 loan under the Paycheck Protection Program. The funds allowed the New York company to pay salaries for a couple of …

Kampala, Uganda | THE INDEPENDENT | With the zeal of hand washing going down months into coronavirus disease transmission in the country, experts have stated that it was inevitable as people were only acting in shock following announcements of a strange killer disease. Hand hygiene alone is touted as having …

For the third year in a row, Dangote Group has topped the Brand Africa 100 table of the most admired African brands in Africa. We spoke with Tony Chiejina, the group’s chief brand and corporate communications officer, to find out what keeps it there The Brand Africa 100 is a valuation and ranking …

The company remains strong to deliver good performance going forward, officials say Kampala, Uganda | JULIUS BUSINGE | The Kampala-based drug manufacturer, Cipla Quality Chemical Industries Ltd, has recorded a Shs36bn loss for the financial year 2019/20 compared to a profit of Shs7bn recorded in the previous year. Company officials …