Business

Museveni and Ramaphosa to attend summit Kampala, Uganda | THE INDEPENDENT |  The Private Sector Foundation Uganda (PSFU) in patnership with Ministries of Foreign Affairs, Trade and Cooperatives, Privatisation and Investment is organizing a Uganda- South Africa Trade, Tourism, and Investment Summit  February 27th – 1st March 2023 in Pretoria, South …

The tax authority collected Shs11.6tn in the six months, recording a Shs95bn shortfall   Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority collected Shs11.6trillion against the target of Shs11.7tn for the first six months of the financial year 2022/23 – representing 46.4% of the annual target. URA’s Commissioner General John Rujoki …

Former MD refutes Minister Amongi’s allegations of mismanagement of the workers’ fund Kampala, Uganda | THE INDEPENDENT | When Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF) appeared before the select Parliamentary committee Friday 3rd February, he shared data and statistics in defence of his performance in …

Uganda moves to the fourth spot due to strong data reporting standards, new environmental, social and governance incentives Kampala, Uganda | THE INDEPENDENT | Uganda’s overall score in the Absa Africa Financial Markets Index increased by six points to 66 in 2022, moving the country up to fourth from sixth place …

    Kampala, Uganda | THE INDEPENDENT | “Market Women” are the ubiquitous vendors who populate local markets throughout Uganda and sub-Saharan Africa. In many ways, they are the lifeblood of most African economies. In Uganda, the “informal sector” accounts for 75% of the total working population, and in many ways …

Tanzania’s rapidly growing ‘Bongo’ film industry is going full steam ahead, with British actor Idris Elba planning a major film studio in the country Dar es Salaam, Tanzania | BIRD AGENCY |  British actor Idris Elba plans to open a major film studio in Tanzania after holding initial talks with …

Experts reveal how Back-to-School medical exams are degenerating into money-making racket   Kampala, Uganda | THE INDEPENDENT |  As suppliers of school materials are busy raking in money from shoppers in last-minute shopping for children who return to school on Monday, health workers have also found themselves ‘drafted’ into the cash …

Kampala, Uganda | THE INDEPENDENT | The Former Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba has appealed to parliament’s select committee investigating operations of the entity to have him re-appointed as the inquiry goes on. Byarugaba was on Friday appearing before the select committee to respond to …

Kampala, Uganda | THE INDEPENDENT | East African Community leaders and the business community are excited at the move by Kenyan President William Ruto to ease trade restriction between Kenya and Uganda, saying it gives new hope for deeper integration. Since his inauguration in September last year, Ruto has reversed several …

Hoima, Uganda | THE INDEPENDENT | Vendors at Hoima central market in Hoima City are up in arms with the city authorities over the persistent power blackout and poor sanitation that has hampered their working conditions for long. The vendors say they have operated without power for the last three months, …