Business

The value of the illicit beer trade in Uganda is estimated at US$1bn | THE INDEPENDENT | Nile Breweries Limited executives want the government to put in place policies and regulations that support and protect the beer industry against unfair competition and tax laws. While making a presentation on ‘how …

Policymakers admit that historical ties between Africa and the Caribbean have been neglected in the commercial sphere, but a major forum in Barbados charted a new economic path | OMAR BEN YEDDER | As delegates approached the inaugural AfriCaribbean Trade and Investment Forum (ACTIF) from September 1-3, the question on …

Kampala, Uganda | THE INDEPENDENT | Local startups need to focus on niche markets that they can tap into to excel for better survival and longevity of their businesses, according to Mackinon Kabarole, Senior Manager, Business Intelligence at MTN Uganda. Mackinon, who spoke to the youth undergoing MTN Youth Skilling Program …

But the houses are too expensive for the average Ugandan Kampala, Uganda | PATRICIA AKANKWATSA | Uganda’s pension fund has placed more than 370 housing units for sale at its Lubowa Housing Project on Entebbe Road in Wakiso District but they are expensive to the average local population. NSSF Managing …

Nairobi, Kenya | THE INDEPENDENT | President Yoweri Museveni has urged leaders to continue pushing for the East African Community integration to provide an extended market in the region. President Museveni made the remarks while speaking at Kasarani Stadium in Nairobi at the swearing-in ceremony of William Samoei Ruto as the …

Kampala, Uganda | THE INDEPENDENT | Two Uganda Revenue Authority employees have been awarded 400 million Shillings as compensation for the torture they were subjected to while in detention. The two employees; Robert Asiimwe Akanga, a Customs Officer and driver Stevens Kalenga were separately arrested on allegations of stealing USD …

Stockholm, Sweden | Xinhua | Repair works on one of Sweden’s six remaining nuclear reactors have been delayed by two months to Jan. 31, the plant’s owner, energy company Vattenfall, said on Tuesday. Two weeks ago, the company announced that a vital component of the Ringhals 4 reactor had been …

Kampala, Uganda | THE INDEPENDENT | In a bid to curb the embezzlement of the Parish Development Model (PDM) funds, the government will start disbursing the revolving funds directly to Sacco group accounts. The parish Revolving fund is a capitalization grant from the government to SACCOs meant for lending to …

Kampala, Uganda | THE INDEPENDENT | State Minister for Housing Persis Namuganza has been summoned before the rules committee of Parliament over demeaning sentiments she made against the Parliament of Uganda. The Deputy Speaker of Parliament Thomas Tayebwa directed the committee to investigate Namuganza for allegedly questioning the integrity of …

Entebbe, Uganda | THE INDEPENDENT | The Government is preparing to repatriate more than 500 Ugandan migrant workers stranded in the Arabian Peninsula countries of Saudi Arabia, United Arab Emirates and Oman among others. Betty Among Akena, the Minister of Labour says the government is in advanced stages to repatriate …