Business

Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Minister of Finance, Planning, and Economic Development has underscored the importance of Uganda’s oil and gas exploration, emphasizing an unwavering commitment to the project’s seamless progression. During a visit to the Kingfisher Development Area (KFDA) in Buhuka village, Kyangwali sub-county in Kikuube district …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has commended Joseph Anthony Zziwa, the Bishop of Kiyinda-Mityana Diocese for working with the government in fighting poverty through socio-economic development programs. “Thank you for your slogan and those projects. I have been telling you that yes be religious but hardworking, so …

Kampala, Uganda | THE INDEPENDENT |  Solar solutions company d.light is set to help government expand access to clean and affordable solar energy across homes, businesses, and public institutions lacking reliable energy sources in Uganda in a new $148milion grant deal. A global provider of solar solutions and financial access for …

Kampala, Uganda | THE INDEPENDENT | The High Court in Kampala has issued an order declaring that Bank of Africa was in breach of contract when it froze the account of Victoria Candles Limited after receiving 1.7 billion Shillings. The Court on Tuesday presided over by Civil Division Judge Musa …

Bugiri, Uganda | THE INDEPENDENT | Over 2700 Farmers in Bugiri district are grappling with frequent power shortages, which threaten the development of agriculture in the area. Moses Makaka, the Manager of the Bugiri Agribusiness Institutions Development Association (BAIDA), says that the main challenge is between Musita and Nankoma in Bugiri district. According …

Kampala, Uganda | THE INDEPENDENT | Milly  Nakiranda (real name withheld), a senior two student, had to withdraw from studies when she conceived after being defiled by her teacher. This meant that her academic dream of gaining a professional skill was doomed since she had to halt her studies. Her story …

What you need to know INTERVIEW | CHRISTOPHER ADAM | The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement …

MOSCOW | Xinhua | Russia has no interest in having war with NATO countries, Russian President Vladimir Putin said on Sunday. In an interview with a local TV channel, Putin refuted the claims that Russia may attack NATO as “absurd and a figure of speech.” Moscow and NATO countries “have …

Kampala, Uganda | THE INDEPENDENT |  The Ministry of Finance, Planning, and Economic Development is proposing that the Uganda Revenue Authority raises almost 29.96 trillion Shillings in taxes next financial year, up from the current year’s 29.67 trillion. However, this will prove a tall order for the tax body considering …

Embrace sustainable practices not just for today’s bottom line, but as a strategic investment Kampala, Uganda | JULIUS BUSINGE | Insurance players have been urged to embrace the aspect of sustainability in their operations to positively impact communities, the environment, and related fields in their business. “In the realm of insurance, …