Business

Kampala, Uganda | THE INDEPENDENT | Our car industry is dependent on imports of foreign-used cars; our automotive market is therefore heavily affected by external and global factors that affect all other nations. However, we cannot ignore the internal factors such as URA regulations and inflation that affect the affordability of …

Kampala, Uganda | THE INDEPENDENT | Liberty Uganda has continued its winning streak in 2023 by taking home three awards in the third edition of the Insurance Innovation Awards organized by the Insurance Regulatory Authority of Uganda (IRA) on March 10. It won the Most Innovative Insurance Solution (Online Portal for …

Kampala, Uganda | THE INDEPENDENT | On March 15, United Bank for Africa (UBA) Uganda provided more than 500 literature books and other items to Fort Portal Senior Secondary School through UBA Foundation which is its Corporate Social Responsibility arm with an initiative ‘’Read Africa’’. This is one way the Bank …

The stake sale in Cipla Quality Chemical Industries Ltd can fetch $25-30 million Kampala, Uganda | AGENCIES | Cipla Ltd.’s wholly owned subsidiaries have entered into an agreement with investment management company Africa Capitalworks SSA 3 to sell 51.18% stake in a Ugandan subsidiary. The two subsidiaries, Cipla (EU) Ltd …

Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has called upon NRM parliamentary whips to support government efforts of adding value to agricultural products before export. In a meeting held at State House Entebbe, the President told the National Resistance Movement (NRM) Parliamentary Regional Whips that coffee, cotton, maize, …

Kampala, Uganda | THE INDEPENDENT | The Civil Division of the High Court has adjourned a case in which business operators have sued the University for illegally evicting them. In July, the University Council ordered the eviction of all businesses from the university premises. The council’s decision was based on …

Lira, Uganda | THE INDEPENDENT | The Ministry of Works and Transport has opened temporary offices in Lira City to issue driving licenses for the next six days. Dubbed the “Mobile licensing System”, the center started operating on Monday ahead of the planned opening of a permanent licensing center for the …

Kampala, Uganda | THE INDEPENDENT | The Deputy Executive at National Planning Authority Charles Olweny Ojok has urged technology entrepreneurs and organizations to embrace shared digital platforms that were showcased recently at Serena Hotel, Kampala. The platforms bring multiple service providers, ranging from input suppliers, insurance companies, financial services providers together …

  Kampala, Uganda | PATRICIA AKANKWATSA |  In honour of International Women’s Day, ATC Uganda hosted a breakfast for its 45 female employees, to recognize and appreciate the contributions of women in the workplace. The breakfast was held on March 17, 2023, at the Serena Hotel, featuring philanthropist and entrepreneur …

Moscow, Russia | Xinhua | Chinese President Xi Jinping arrived here on Monday afternoon for a three-day state visit to Russia at the invitation of his Russian counterpart, Vladimir Putin. Many in Russia applaud the high-level development of China-Russia relations in recent years, and are eagerly looking forward to the …