Business

Kampala, Uganda | THE INDEPENDENT | Former Finance Minister Prof Ezra Suruma is proposing a referendum to determine how the oil revenue should be utilized. According to Suruma, this is one of the ways Uganda can achieve social protection which involves preventing, managing, and overcoming situations such as poverty, poor …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has secured a gadget that enables customs officials to ascertain the origin of imported rice, to curb tax evasion. This comes amidst reports of increased rice imports from other regions through Tanzania, hence illegally gaining from the East African Community Common …

Kampala, Uganda | THE INDEPENDENT | The International Trade Centre and European Union have announced a business acceleration project for young entrepreneurs in the Ugandan film industry. Dubbed ‘Opportunities are Here’ (OAH), the project will focus on boosting the Ugandan film industry to provide young talents in Uganda with specialised mentoring, …

Xi announces 8 new priorities, continues push for global influence ANALYSIS | AGENCIES | China’s Belt and Road Initiative, which now includes 44 African countries, got under way 10 years ago. President Xi Jinping launched it in 2013 with a first speech in Kazakhstan and a second one in Indonesia. The …

The economy is now projected to grow in the range of 5-6% in the Financial Year 2023/24 riding on continued economic recovery and the developments in the oil and gas Kampala, Uganda | ISAAC KHISA | Uganda’s economy grew faster in the last financial year than previously anticipated a good sign …

Kampala, Uganda | THE INDEPENDENT | Airtel Money Uganda has partnered with AAR Health Services and Bluewave to introduce Ddwaliro Care, a comprehensive and affordable Health insurance cover, specifically tailored to cater to the diverse needs of individuals and families. The Managing Director Airtel Mobile Commerce Uganda Limited, Japhet Aritho, affirms …

Kampala, Uganda | THE INDEPENDENT | On Oct.25 RwandAir is continuing its fleet expansion with the delivery of its seventh Boeing 737 aircraft. The Boeing 737-800, registered 9XR-WY, will be based at the carrier’s Kigali hub and will offer customers a leading experience in the skies. Operating throughout Africa and the …

Kampala, Uganda | THE INDEPENDENT | MTN Foundation has taken a significant step toward fostering community transformation by selecting 25 projects for its inaugural MTN Changemakers Initiative. The initiative, part of the company’s celebration of 25 years in Uganda, aims to create a lasting and positive impact on the lives of …

Kampala, Uganda | THE INDEPENDENT |  Experts and practitioners in the extractives industry have warned of adverse effects on Uganda unless there is strict regulation and hence transparency. Unless strict rules and regulations are put in place and strictly enforced, there will also be very little or no benefit to …

  Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) has revealed a collection of 85 billion shillings in the last four months under the Authorized Economic Operators- AEO program. During the four-month period, the 57 AEOs carried out 447 import transactions with partners in China, signifying the program’s impact …