Several potential vulnerabilities remain related to the pace of the economic recovery and its effect on the income and loan repayment capacity of firms and households Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks recorded the third drop in full year profits in 10 years weighed down by increased …
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IRA hopes that 2021 will be a better year compared with last year amidst the new wave of coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Enhanced distribution and sustainable growth in the uptake of medical and life insurance policies helped Uganda’s insurance industry to record a 9% growth in …
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Human capital, security and governance take lion’s share of the 2021 national budget | THE INDEPENDENT | Uganda’s newly appointed State Minister for Planning Amos Lugolobi on June.10 unveiled the contents of the 2021/22 national budget to the public. Setting out the government’s tax and spending plans for the year …
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ANALYSIS | THE INDEPENDENT | On June 6, 2021, President Museveni delivered his much-anticipated speech in his second address to the nation since the newest wave of the COVID-19 pandemic hit the country. With scores of students infected according to recent media reports, the president only confirmed a lockdown many …
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Gulu, Uganda | THE INDEPENDENT | Gulu District Local Government has levied fines on illegal charcoal dealers. Christopher Opiyo Ateke, the Gulu LCV Chairperson says ten trucks with over 1,000 bags of charcoals were impounded and fined in the ongoing operation that started on Friday in the areas of Palaro, …
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Kampala, Uganda | THE INDEPENDENT | The application process for the Tax Identification Number (TIN) is now completely web-based, making it easier and quicker to get than before. According to Uganda Revenue Authority- URA, it has also made changes in the existing TIN application form to improve the experience of …
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Gulu, Uganda | THE INDEPENDENT | Three people have died after they buried alive at a quarry in Kiryandongo District. The incident occurred on Saturday evening at about 5:00 pm at the hydropower station in Karuma Town Council from Kiryandongo District. The deceased has been identified as David Otingcwinywa aged …
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Hoima, Uganda | THE INDEPENDENT | The Energy Ministry has drawn a new roadmap for the second competitive oil bidding round for five blocks in the Albertine region. The five oil blocks along its western border with Congo and parts of the West Nile region have been on offer since …
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Mbale, Uganda | THE INDEPENDENT | The Mbale District Task Force has closed a private clinic which was found with a 50litre oxygen cylinder has been closed. On Wednesday Police arrested Alex Nyongesa, the director of Health for Life General Medical Clinic and Laboratory and his staff Job Cherotich for …
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Arua, Uganda | THE INDEPENDENT | Business continues to boom at Elegu Township in Amuru District, Uganda’s border point of entry into neighbouring South Sudan despite the lockdown instituted to curtail the spread of COVID-19. There is an influx of cargo truckers delivering goods to Juba while security officials; police …
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