Business

Kampala, Uganda | Isaac Khisa | Coronavirus pandemic currently ravaging the entire world presents an opportunity to reset the African continent so that the African population can be empowered to become more productive and self-reliant, according to the United Bank for Africa Plc. Chairman and Founder, Tony Elumelu. Elumelu, who spoke …

Nairobi, Kenya | THE INDEPENDENT | All transit cargo destined for Uganda, Rwanda and South Sudan will from June 1 be picked from Naivasha and not Mombasa, or be transported by Metre Gauge Railway to Tororo, then Kampala. Fuel products will be transported by pipeline to Kisumu and thereafter through Lake …

London, United Kingdom | AFP | Stock markets mostly slipped Thursday after rallying for much of the week amid concerns over the long-term impact of the virus and worsening China-US relations. On Wall Street, the Dow Jones index slipped into negative territory at the opening bell, while in Europe, Frankfurt and …

London, United Kingdom | AFP | Stock markets picked up Wednesday on hopes for a strong US economic rebound even though retailers reported mixed results and US-China tensions continued to mount. Equities have enjoyed a broad advance for several weeks as virus infection and death rates slow, allowing governments to lift …

 Ntungamo, Uganda |  THE INDEPENDENT |  Leaders in Ntungamo Municipality have disagreed over the proposed relocation of the Banana Market. Mayor Jacob Kafureeka wants the market shifted to his land in Kiziiko, a move that has been rejected by the councillors.  Last week, the municipal enforcement team ordered matooke traders to …

Kampala, Uganda  | GODFREY SSALI | Uganda’s Constitutional Court has given National Social Security Fund (NSSF) and the Attorney General of Government 10 days within which to respond to a petition filed by a Human Rights Activist Morris Rwakakamba. Rwakakamba who filed the petition in public interest, wants an interpretation of …

Kampala, Uganda | THE INDEPENDENT | Traders in Kampala have asked the government to lobby for free interest loans for their businesses that were affected by the outbreak of COVID-19. In March, President Museveni issued several measures to combat the spread of the virus. They included restrictions on the movement of …

Airlines say social distancing onboard could mean high costs for passenger air transport Kampala, Uganda | ISAAC KHISA | International Air Transport Association has warned that air ticket prices could rise up to 54% depending on the region if airlines are forced to exercise social distancing onboard due to the …

Phasing out 14-seater taxis, boda bodas in the city is welcome but needs time to implement Kampala, Uganda | ISAAC KHISA | Those who drive or commute in Kampala City can attest that a lot has changed over the past decades. Public transport service has become busy and messy. Passengers …

New report by EPRC echoes global procurement experts on post-COVID business | THE INDEPENDENT | Businesses in Uganda should build new supply chains following the disruption to their old ones caused by the outbreak of the coronavirus disease, COVID-19. That is one of many takeaways from a business climate survey …