Business

  Facilities are meant to reduce transport costs of petroleum products Kampala, Uganda | IAN KATUSIIME | Member States party to the Northern Corridor Transit and Transport Agreement (NCTTA) have agreed to cooperate to promote the use of the Kawuku oil jetty in Uganda and the Kisumu oil jetty in …

  Kampala, Uganda | THE INDEPENDENT | The Private Sector Foundation Uganda (PSFU) in partnership with Mastercard Foundation successfully hosted its second annual Women’s Day Katale at the UMA Multi-purpose Hall on March 10-11, 2023. The event was aimed at empowering, and recognizing the contribution and potential of women and …

Partnership focuses on transforming activities in culture, sports, health, education, digital and financial inclusion Kampala, Uganda | THE INDEPENDENT | Airtel Uganda has extended its partnership with Buganda Kingdom for another three years. The contract renewal was announced Thursday at Bulange in Mengo. Since 2014, Buganda Kingdom in collaboration with Airtel …

Kampala, Uganda | THE INDEPENDENT | UAP Insurance Company Limited is breathing a a sigh of relief after the Court of Appeal sitting in Kampala quashed an order by the High Court to pay National Housing and Construction Company Limited 6.788 Billion Shillings over a breach of contract. UAP insurance …

BOU clarifies that currency notes bearing Dep Governor’s signature are genuine Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda has clarified on the Deputy Governor’s signature on currency notes, allaying fears that the notes could be fake. Since last month, pictures of currency notes bearing the signature of Dr …

Kampala, Uganda | THE INDEPENDENT | Bujagali Energy Limited (BEL) will refund US$342 million to the Ugandan government for overpaid fees subject to a forensic audit by the Attorney General. This is after Parliament chaired by Speaker Anita Among on Wednesday, 15 March 2023 adopted the report of the Adhoc …

Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation have awarded Shs4.8bn seed funding to 66 women entrepreneurs through their Hi-innovator Women Accelerator program. A total of 15,000 job opportunities for women and youths countrywide are expected to be created through this …

KCCA councillors want an audience with the Parliamentary Committee on budget, the Presidency and  Parliament’s Committee on Commissions, Statutory Authorities, and State Enterprises -COSASE Kampala, Uganda | THE INDEPENDENT | There was drama in Kampala Capital City Authority-KCCA council Wednesday when the speaker, Zahara Luyirika walked into the Council hall …

New York, US | THE INDEPENDENT |  The collapse of Silicon Valley Bank (SVB) has not only revealed billions of dollars in loss but also rattled the technology industry, which had been leading innovation in the past years but yet was disturbed by layoffs and bankruptcies for months. Small businesses …

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