Business

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Industry, David Bahati has told parliament that Uganda is negotiating with the Algerian government as an alternative market for the country’s milk. He made the revelation during the Wednesday plenary sitting following a matter of national importance raised by …

Masaka, Uganda | THE INDEPENDENT | Government is considering introducing a subsidy on fertilizers to support the growth of the agricultural sector by enabling farmers to increase their productivity, President Yoweri Kaguta Museveni has revealed. Speaking at a public rally at Masaka liberation square on Wednesday, as part of his …

Kampala, Uganda | THE INDEPENDENT | The second edition of the much-anticipated annual Tusker Lite Mt Rwenzori Marathon is slated for Saturday, September 2, in the scenic town of Kasese. The announcement for this year’s marathon was made during a press conference held at Rozaho in Kololo, on May 24th …

Kampala, Uganda | THE INDEPENDENT | Uganda Insurers Association (UIA) says motorists are yet to fully respect the Motor Third Party insurance cover policy despite being mandatory to all. Juliet Igonu, the Technical Manager-Non-life insurance at UIA says recent figures show that less than 1 million vehicles have Motor Third Party …

Masaka, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has directed that the grace period for beneficiaries of the Parish Development Model-PDM and Emyooga programs to pay back their loans be extended to two years. In this financial year, the government started the program of organizing and delivering public …

Africa’s largest oil refinery goes live in Nigeria as the continent’s largest oil producer seeks to cut fuel importation costs. The refinery promises to turn Nigeria from a net importer to a net exporter of refined oil. SPECIAL FEATURE | BIRD AGENCY | In a ceremony attended by heads of …

China ranked first in terms of investments registered with the RDB in 2022, with 49 projects involving investments amounting to US$182.4 million Kampala, Uganda | AGENCIES | The government and business community of Rwanda have expressed their anticipation of participating in the upcoming 6th China International Import Expo (CIIE) in Shanghai …

Kampala, Uganda | THE INDEPENDENT | Government has withdrawn a new pension Bill that was recently tabled in Parliament. The Public Service Pensions Fund Bill,2023 introduced on 14 March 2023 aimed at implementing a mandatory contribution system for public servants’ pensions. However, the bill underwent significant changes during the committee …

Kampala, Uganda | THE INDEPENDENT | Africa contributes the least – less than 3% to global warming, yet the continent is the most vulnerable to climate risks. To build resilience against climate change, the countries have outlined tangible ambitions for green growth, including plans to increase climate investment. Amid dwindling climate …

Kampala, Uganda | THE INDEPENDENT | Businessman Robert Kisolo has been remanded on charges of obtaining credit by false pretense after he allegedly defrauded Cairo Bank Limited. Kisolo on Monday afternoon was arraigned before Buganda Road Court Grade One Magistrate Fidelis Otwao and he denied the charges against him. The …