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Tag Archives: Business

Ugandans survived the COVID-19 lockdown but might not live through the current financial one

COMMENT | Alfred Geresom Musamali | It was tough going through the two years of lockdown resulting from the Corona Virus Disease 2019 (COVID-19) pandemic in Uganda. But some households that survived the lockdown may not live through the prevailing financial one in the country. During some of that time, movement …

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IN THE INDEPENDENT: European bias against EACOP

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY European bias against EACOP: Don’t dismiss it. Disprove it THE LAST WORD Inside Museveni’s private favours: How the president’s approach of allocating favours to individual firms has undermined the development of a robust …

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PDM cash to go direct to SACCOS

Kampala, Uganda | THE INDEPENDENT | In a bid to curb the embezzlement of the Parish Development Model (PDM) funds, the government will start disbursing the revolving funds directly to Sacco group accounts. The parish Revolving fund is a capitalization grant from the government to SACCOs meant for lending to …

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Ghana launches AfCFTA hub to facilitate businesses

Accra, Ghana | Xinhua | Ghana launched its African Continental Free Trade Area (AfCFTA) hub Monday to increase local participation in the continent-wide free trade and facilitate businesses. “The AfCFTA hub is the principal tool for aligning Ghana’s own wide-ranging digitalization policy with the various opportunities presented by AfCFTA,” said Minister …

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Court halts eviction of business operators in Makerere

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has issued an interim injunction restraining Makerere University from evicting hundreds of people who operate different businesses within the institution. According Civil Division Judge Boniface Wamala, his order will be in force pending the determination of the main application for …

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