Singapore, Singapore | AFP | Oil prices surged more than six percent in Asian trade Tuesday following heavy losses a day earlier after top exporter Saudi Arabia began a price war with Russia. West Texas Intermediate was trading up 6.1 percent at more than $33 a barrel while Brent crude …
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Kodo, Nigeria | AFP | Surrounded by four children, Ladi Usman scoops shea nut paste from a plastic container into a metal pot on the stove in her cramped kitchen. Squinting to keep charcoal fumes out of her eyes, she stirs it with a bamboo stick, completing the final stages of eking …
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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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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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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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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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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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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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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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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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The Independent Uganda: You get the Truth we Pay the Price