Business

Kampala, Uganda | THE INDEPENDENT | The impact of COVID-19 and its containment measures has shifted the landscape of how trade can be conducted, a survey of several Ugandan businesses shows. Interviews with several ICT and leaders in trade shows that businesses today are seizing every opportunity provided by digital technology …

Minister Kasaija promises more government support to boost private sector growth Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited, a subsidiary of the Belgium based ABInBev, on Aug. 18 held a virtual Economic Forum to highlight the company’s contribution to  Uganda’s economy,  bringing to light the effect of the …

But government technocrats disagree saying there are objectives in doing so Kampala, Uganda | ISAAC KHISA | Investments in the extractive sector has become the next big thing in the East African region but there are concerns that the governments could extend huge tax incentives like they have  done in …

Kampala, Uganda | THE INDEPENDENT | Kampala City traders under the Kampala Arcades Advocacy forum have partnered with Mild May testing laboratory to carry out massive COVID-19 screening at a subsidized cost. This is meant to control the spread of COVID-19 among the business community. Suleiman Mpagi, the forum’s organizing …

Moroto, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has procured two weighbridges for the Karamoja sub-region. The procurement of the weighbridges follows several calls from different stakeholders over the absence of proper measures to determine taxes from the minerals and also to help control the load …

Uganda imported gold from Tanzania worth $591 million , which is more than half of all imports from the country and five times more than all that Uganda exports there Kampala, Uganda | THE INDEPENDENT | Uganda and Kenya have lost their balance of trade surpluses to Tanzania over the …

Kampala, Uganda | THE INDEPENDENT | The government is still banking on the wealth creation program dubbed Emyooga to tame the adverse effects of the COVID-19 pandemic on the economy this financial year. According to the Ministry’s economic performance for July, the COVID-19 pandemic continues to have a significant bearing …

Tororo, Uganda | THE INDEPENDENT | Vendors in Tororo who have missed out on stalls in the new market are angry, and have protested to municipal officials. Allocation of stalls in the new market ended on Wednesday, but more than 1,000 vendors realized that their names had been deleted from …

Lwengo, Uganda | THE INDEPENDENT | Cases of multiple borrowing and dishonesty have been identified as major frustrations in the effective management of the Emyooga, a presidential initiative aimed at wealth and job creation. The scheme was launched in 2019 to enhance the entrepreneurial capacity of selected enterprises and groups …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Health (MOH) has lifted the travel ban on travelers from India. Health Minister Dr Jane Ruth Aceng told a news conference on Friday that the country has now been placed under category 2, down from category 1 countries, implying that travellers …