Business

  Jinja, Uganda | THE INDEPENDENT | Uganda Tourism Board and Jinja City Authority have concluded plans to develop Jinja as a gateway tourism city in the Eastern part of Uganda, executives said on May 19. The plans are a result of a meeting held between the UTB, Jinja City …

Kampala, Uganda | THE INDEPENDENT | Government has been tasked to recover the payment made to ROKO Construction totaling 15.72 billion Shillings irregularly paid in regard to the Nakawa-Naguru land. The payment is deemed irregular because claims by third parties against government were not allowed and ROKO could only claim …

Recurrent expenditure ✳️ Ministry of Finance Shs2.3 trillio, ✳️ Ministry of Defense and Veteran Affairs Shs1.2 trillion ✳️ Lands, Housing and Urban Development Shs503 billion Development expenditure ✳ Defence Shs2.3 trillion ✳ Ministry of Health Shs1.4 trillion ✳ Energy gets Shs1.4 trillion ✳ Uganda National Roads Authority Shs2.5 trillion Kampala, …

Mityana, Uganda | THE INDEPENDENT | Police in Mityana District is hunting a group of gunmen who mounted a roadblock and robbed an unspecified amount of money from passengers aboard a Kampala-bound Link Bus. It is alleged that the passengers were traveling on a night bus from Bundibugyo when the …

  NEWS ANALYSIS | BAKER BATTE – URN |  On Friday, May 13, 2022, Muwema & Company Advocates and Solicitors asked Monitor Publications to retract a story stating that High Court Judge, Musa Ssekaana had asked the Uganda Registration Services Bureau-URSB to consider documents in the Simba Telecom takeover. In …

Kampala, Uganda | THE INDEPENDENT | Parliament has observed that the variation in the acreage of land allocated to different investors at Nakawa-Naguru by Uganda Land Commission (ULC) connotes the existence of intentional fraud. The Adhoc Committee of parliament, which has been investigating the distribution of 82.05 acres of Nakawa-Naguru …

  Kampala, Uganda | THE INDEPENDENT | Absa Bank Uganda has signed a Memorandum of Understanding (MOU) with Kyambogo University that will facilitate the students and staff of the university to acquire laptops and other related accessories on loan instalment basis. “Despite the strong benefits of digital learning, the cost of …

Supplementary Budget for FY 2021/2022 ➡Shs86.3bn for Office of the President to cater for external financing from EXIM Bank for the National Science, Technology, Engineering and Innovation Skills Enhance Project ➡Shs77bn for State House for classified expenditures, ➡Shs64.4bn for UPDF to facilitate Operation Shujaa in DRC and Shs87.5bn for operations …

Kampala, Uganda | THE INDEPENDENT | Beer maker, Nile Breweries Limited has today (May 19) announced that it is maintaining the prices of its beer unchanged, despite the negative economic pressures faced by businesses across the board. Executives said, this is deliberate to enable consumers continue to enjoy their favourite beers …

Nairobi, Kenya | Xinhua | East African real estate executives on Wednesday said that they remain hopeful that the sector will recover from the COVID-19 shocks. Speaking at a forum in Nairobi, Kenya’s capital, Tilda Mwai, research lead of pan-African real estate research firm, Estate Intel, said that the regional economic …