Business

Kampala, Uganda | THE INDEPENDENT | MTN Uganda Group has called for a review of the taxation policy for digital money transitions, specifically the levy on the withdrawal of cash at mobile money agents. In 2018, the government introduced four levies on digital services including mobile money transactions, causing a public …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have proposed a moratorium on the powers of Ministers to grant tax waivers and tax exemptions to individuals and companies operating businesses in the country. The legislators are concerned over the persistent requests from the government for additional funds from Parliament …

New York, US | Xinhua |  The U.S. dollar firmed up in late trading on Wednesday as U.S. leaders expressed optimism over debt limit negotiations. The dollar index, which measures the greenback against six major peers, increased 0.31 percent at 102.8819 in late trading. In late New York trading, the …

OBITUARY | THE INDEPENDENT | One of the things that Patrick Aloysius Okumu Ringa (now late) will be remembered for was his generosity, which he exhibited through various donations to his communities in Nebbi District. These included sponsoring the education of more than 100 children at different levels from Primary …

Mbale, Uganda | THE INDEPENDENT | Three people were killed in a tragic road accident that occurred at Saala village in Kibuku district along the Mbale-Tirinyi highway Wednesday night at 8:00 pm. The deceased have been identified as Mohammed Ntege, the bus driver and resident of Namakwekwe ward in the …

Kampala, Uganda | THE INDEPENDENT | A dialogue between regional policymakers and business leaders has made a raft of proposals for the East African Community governments to avoid bouts of food insecurity like the recent ones. The East African region’s food insecurity is exacerbated by natural disasters, climate change, and …

Kampala, Uganda | THE INDEPENDENT | dfcu Bank was recently unveiled as the official Bank Partner for the “Boyz II Men Live in Kampala” concert. Boyz II Men is one of the most iconic R&B groups in the music industry’s history. Uganda is the second leg of their first-ever Africa tour. …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said that Uganda is ready to work with the government of Algeria to develop its energy sector. Museveni on Thursday met a delegation from Algeria led by their Minister of Energy and Mines Mr. Mohamed Arkab who called on him at …

Kampala, Uganda | THE INDEPENDENT | Mobile phone company Tecno Mobile has unveiled Tecno Camon 20 to the Ugandan market to further give its clients a wide range of mobile gadgets to buy and use. Camon 20 comes with Android 14 OS, 6.67 inches AMOLED Display, Mediatek Helio G85 Chipset, Triple …

The company is investing US$1millon in its first year of operation Zambia – which will be used a hub for regional expansion Lusaka, Zambia | THE INDEPENDENT | Kenya’s B2B retail and e-commerce company, Wasoko, has expanded into the Southern African market, with Zambia as the first investment destination. The company …