Business

  SPECIAL FEATURE | After the full opening of the economy in January 2022 by President Yoweri Museveni, many rejoiced as the uncertainity that had been brought up by the Coronavirus (Covid-19) pandemic for almost two years had to come to an end. While few industries were spared by the …

Profit After Tax increased by 99% to Ushs 1.2 trillion ($349million) Nairobi, Kenya | THE INDEPENDENT | Equity Group has recorded superior performance for the year ended 31st December 2021, putting it at the top as the regional financial sector market leader, despite the challenging operating environment characterized by a global …

Uganda Red Cross Society has received Shs360 million from Cola Coca Foundation to promote COVID-19 vaccination. Kampala, Uganda | THE INDEPENDENT | The funds will support numerous activities at vaccination sites, vaccine distribution, Personal Protective Equipment procurement (PPEs), awareness efforts promoting vaccination and sanitary practices to reduce the spread of …

NSSF paid out sh28.8 billion above target Kampala, Uganda | THE INDEPENDENT & URN |  The National Social Security Fund has paid out Ushs78.8 billion to 4,417 eligible members to date, UGX 28.8 billion above its weekly target of UGX 50 billion, following mass application of the mid term benefit that …

AVIATION DIGEST | JARED KALERA |  In my last article last month Preparing for Air travel, we talked about the initial preparatory steps for air travel. I now wind up with a second segment on the same subject – travel preparation. COVID pandemic Nothing has changed air travel like the COVID-19 …

AVIATION DIGEST | JARED KALERA |  The news from the aviation world has in the past two years been particularly depressing.  Almost every player globally has been crying, supposedly due to the effects of the COVID-19 pandemic on the industry. Do not be fooled however. Losses in the airline business did …

The French giant’s decision to leave the continent and the ongoing impact of Covid-19 are prompting upheaval in Africa’s goods transportation industry | NEIL FORD | African ports, like their counterparts elsewhere in the world, have been profoundly affected by the Covid-19 crisis. Trade volumes tumbled during the early months …

External employment has contributed greatly to employing young Ugandans COMMENT | Samson Tinka |  It is estimated that there are over 100,000 Ugandans working in the Middle East alone. Remittances from Ugandans in the diaspora is said to bring into the country $1 billion every year. This is actually a drop by …

Majid Al Futtaim commits to cage-free eggs under new animal Welfare Policy in a regional First Dubai, United Arab Emirates | THE INDEPENDENT |  Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, commits to only sell cage-free eggs across its Carrefour …

Kampala, Uganda | THE INDEPENDENT | The European Union and the Private Sector Foundation Uganda (PSFU) have revived the Sustainable Business for Uganda (SB4U), a trade improvement initiative that was disrupted by the COVID-19 outbreak, one year after its launch. The platform launched in 2019 is aimed at enabling Uganda’s export …