Business

Total Chairman and Chief Executive Officer says ‘Africa is to remain at the Heart of Total’s Strategy’ Kampala, Uganda | THE INDEPENDENT | The Chairman and Chief Executive Officer of Total, Patrick Pouyanné, has said “Africa is to remain at the Heart of Total’s Strategy.” He was speaking ahead of …

Addis Ababa, Ethiopia | XINHUA | The African Union (AU) Commission on Sunday called for addressing non-tariff barriers in order to realize the major aspirations of the African Continental Free Trade Area (AfCFTA) Agreement. “The African continent is about to become the world’s largest free trade area. If not addressed, non-tariff …

New York, US | XINHUA | Wall Street’s major averages climbed modestly in the week as investors focused on news about U.S. President Donald Trump’s positive test for COVID-19 as well as updates of a fresh round of U.S. fiscal stimulus. For the week ending Friday, the Dow added 1.9 percent, …

Lango, Uganda |  THE INDEPENDENT |   The National Agricultural Research Organization- NARO with support from the European Union has launched a 25 Billion Shillings project to address poverty and malnutrition under the Development Initiative for Northern Uganda -DINU.     The Chase Hunger and Poverty project will focus on promoting production for …

  Kampala, Uganda |THE INDEPENDENT | The Tax Appeals Tribunal has given the Uganda Revenue Authority (URA) a go-ahead to ban the warehousing of sugar and rice. The Tribunal has further ordered the Commissioner Customs URA to gazette the import of all rice without any restrictions, and to grant adequate notice …

Nwoya, Uganda |  THE INDEPENDENT |   Transport has been paralyzed along major roads in Nwoya and Omoro Districts following heavy rains.  Several trucks transporting perishable goods to markets in Gulu, Amuru, West Nile and South Sudan are stuck in Lii, Alero and Kochgoma Sub-Counties in Nwoya District. Other community access …

Arua, Uganda |  THE INDEPENDENT | There was chaos on Thursday at the two taxi parks of Lobidra and Abattoir in Arua Central Division after law enforcement officers and police stopped a tenderer from collecting revenue.  Taxi touts and vendors abandoned their business as security personnel enforced a directive issued by …

Kampala, Uganda |  THE INDEPENDENT | Uganda’s banking sector is appealing to the global lending community to come to the rescue of Uganda’s economy where the local lenders are finding it hard to reach in the quest to revive the economy.  The commercial banks admit that some sectors of the economy …

Kampala, Uganda |  THE INDEPENDENT | Entebbe Deputy Resident District Commissioner Njuki Mbabali says that incoming and outgoing passengers will be exempted from night curfew restrictions if their flights fall within the curfew hours. Uganda maintains a nighttime curfew running from 9 pm to 5:30 a. m, as one of the …

Kakumiro, Uganda |  THE INDEPENDENT | Armed Thugs have robbed 16 million  Shillings from a businesswoman in Kuhuna Trading Centre in  Kakumiro district. It is alleged that six thugs, armed with a gun, last night raided a shop owned by one Margret Basemera, 49, and held her at gunpoint before ordering …