Business

Kampala, Uganda | THE INDEPENDENT  | The government has exhausted resources in the Petroleum Fund, Parliament has learnt. This is after the Minister of State for Planning David Bahati confirmed a zero budget allocation from the fund to support the coming financial year 2020/2021 budget despite previous allocations. “There is …

  ⏹ Uganda withdraws charges against nine Rwandan nationals ✅ Mugabo Nelson ✅ RTD SGT Rene Rutagungira ✅ Etienne Nsanzabahizi ✅ Claude Yakalemye ✅ Emmanuel Rwamuchwo ✅ Augustine Rutayisire ✅ CPL Nzeyamana Herman ✅ Munyagabe Adrien ✅ Urayeneza Gilbert Kampala, Uganda | THE INDEPENDENT | Uganda has withdrawn charges against nine …

Kampala, Uganda | THE INDEPENDENT  |  Vincent Ssempijja, the Agriculture, Animal Industry and Fisheries Minister, has differed with parliament on the suspension of operations by the Uganda People’s Defense Forces-UPDF Fisheries Unit against illegal fishing activities. In December last year, parliament resolved to halt the operations of the UPDF Fisheries Unit …

Kampala, Uganda | THE INDEPENDENT  |  Concerned political and religious leaders from Acholi sub region have run to court challenging the presidential directive to lease out Aswa Ranch to private entities and persons as free public land. The petitioners are retired Supreme Court Judge, Galdino Okello Moro, retired Bishop of Kitgum …

Kampala, Uganda | THE INDEPENDENT  |  Two Directors of Dunamiscoins Resources Limited have appeared before the Law Development Centre Court on 65 counts related to obtaining money by false pretense. They are Samson Lwanga, 37 and Mary Nabunya, 53, both residents of Makindye Ssabagabo in Wakiso District. The two are accused of …

Johannesburg, South Africa | AGENCIES | After writing, South African Airways has entered bankruptcy protection. As yet, it’s unclear what this means for the long-term future of the airline, but the airline must show appointed financial practitioners it can secure the funds to avoid liquidation according to South African law. …

  Johannesburg, South Africa | AFP |  South Africa’s electricity utility Eskom at the weekend resumed power outages, citing a “vulnerable” generating system, just weeks after implementing the severest rationing in recent times. The debt-laden company which generates around 95 percent of the country’s electricity, on Sunday said the cuts …

Oslo, Norway | AFP |  Sales of new electric cars in Norway hit a record high last year, sector experts said Friday, reaching 42.4 percent of all nearly-registered cars in 2019, mostly thanks to strong demand for Tesla’s Model 3. Norway, a major oil producer that has pioneered electric mobility, …

Kampala, Uganda | THE INDEPENDENT | Pearl Dairy Farms Limited, the producers of LATO Milk and the initiators of the LATO Help initiative last month brought together its beneficiaries and their parents at a Christmas party held at Lohana Academy in Kampala. The “Lato Help initiative” is  under the company’s …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards (UNBS) has opened the UNBS national food safety laboratory building whose construction started in 2010 when the body acquired land to build its headquarters in Bweyogerere Industrial Park. Ben Manyindo, the UNBS executive director said on Dec.12. The …