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Tag Archives: Market

NFA burns poor quality tree seeds worth UGX24 million

Mukono, Uganda | THE INDEPENDENT |  The National Forestry Authority-NFA has destroyed bags over 32 tree seed species valued at Shillings 24 million, saying they are of low quality. The seeds were set ablaze at the National Tree Seed Center- NTSC in Namanve, which is responsible for collecting, processing and distributing …

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Market women take new look at life

NGOs are shaping how women look at power, rights, money Kampala, Uganda | PATRICIA AKANKWATSA | Kalerwe Market on the northern edges of Kampala city is a bustling open space; crowded, messy, and noisy. Squashed in the junction of two busy city roads; the Gayaza-Kampala road and the Northern bypass …

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UMEME disconnects Mbale market over Sh33 million power debt

Kampala, Uganda | THE INDEPENDENT | UMEME has disconnected Mbale Central Market over accumulated unpaid power bills of Shs 33million.The disconnection, which was carried out two weeks ago has left vendors counting losses. The most affected areas include; those selling fresh fish, meat, salons, tertiary clothes, tailors, mobile phones repairs, bakery, …

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Transformer manufacturer asks Gov’t for support to penetrate market

Kampala, Uganda | THE INDEPENDENT | Electrical Controls and Switchgear (ECS) limited, a local company that has ventured into manufacturing transformers has called for government assistance in penetrating the market. James Kalibbala, the managing director of ECS says they ventured into manufacturing of transformers last year, however, they have so far …

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New app to boost market women

Busy customers will no longer have to drive to markets for foodstuffs Kampala, Uganda | IAN KATUSIIME | A new app to be launched next month will boost the fortunes of market women who operate in areas like Nakawa, Kalerwe, Ntinda and Nakasero. The app is meant to eliminate the role …

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Cryptocurrency bitcoin marks 10 years

London, United Kingdom | AFP | October 31, 2008 marked the birth of bitcoin. Ten years on, the world’s first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors. From its first evocation amid a global financial crisis, in a white paper written …

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Battle for Uganda’s telecom market

Bigger firms choke smaller and new telcos Kampala, Uganda |  JULIUS BUSINGE | A few days to implementation of the social media tax, commonly referred to as Over the Top (OTT) on July 1, 2018, three largest telecom firms – MTN, Airtel and Africell issued a joint statement to guide its …

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Mergers and exits inforex market

Bureaus race to beat deadline on Rwf50m minimum capital Kampala, Uganda | STEPHEN NUWAGIRA | The new regulations by the central bank requiring forex bureaus to hire qualified staff and deploy ICT systems in their operations, among others, have left casualties along the way with some firmsexiting, according to the regulator …

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MOTORING: Diesel cars lose market

But diesel could see even higher demand kampala, Uganda | MOTORING GURU | You have always eyed the BMW series but could not afford it because, well, it comes at a price. So when you heard of the growing unpopularity of diesel cars in the UK where the BMW is the …

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Taxify eyes bigger market

Kampala, Uganda | JULIUS BUSINGE | Julian Byamugisha is the Head of Taxify Uganda, which also operates in 23 other countries globally. She spoke to The Independent’s Julius Businge about company operations What has business been like for the last six months you have been in operation? We have moved people …

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