Business

Kampala, Uganda |  THE INDEPENDENT |  The Minister of State for Microfinance Haruna Kasolo has criticized the manner in which Kampala Capital City Authority – KCCA law enforcement officers deal with street vendors.  KCCA law enforcement officers are known for brutally arresting vendors and confiscating their merchandise. In 2017, a street vendor Olivia …

Kampala, Uganda |  THE INDEPENDENT |  The ministry of local government is proposing local revenue authorities for local governments, hoping that this will enable districts and cities to raise the revenues they need to sustain their budgets. Currently, the districts are limited on how much taxes they can establish and most …

  Lusaka, Zambia | Xinhua | A virtual import and export conference and exhibition opened Tuesday with the Zambian government urging African countries to embrace e-commerce in order to accelerate trade. The two-day event, hosted by the Zambian government in collaboration with the private sector, is a flagship networking platform aimed …

  Investors likely to preserve their savings and capital with CIS and fixed income instruments due to the current coronavirus pandemic Kampala, Uganda | ISAAC KHISA | Uganda’s Collective Investment Schemes (CIS) have recorded more than double their assets under management (AUM) to Shs 388.5bn for the FY2019/20 as a …

Kalangala, Uganda |  THE INDEPENDENT |  It is good tidings for Ugandan holiday makers as providers of accommodation, meals and recreational services continue to charge lower fees despite growing number of local tourists flocking Kalangala district. The growing number of tourists is attributed to MV Kalangala and Entebbe International Airport that …

Soroti, Uganda |  THE INDEPENDENT |  The newly constructed Soroti Main Market is expected to boost local revenue collection in Soroti City.  The 27 Billion Shillings market was constructed under the Market and Agricultural Trade Improvement Program Project-2 MATIP-2 with funding from the African Development Bank.  Constructed by TECHNO 3 Uganda …

Apac, Uganda |  THE INDEPENDENT |  More than 5,000 residents neighbouring Maruzi Ranch in Apac district are living in fear after the proprietor of Hill Side Agricultural Investment Limited stopping them from grazing on the land.  Maruzi land measuring approximately 64 square kilometres has been home to more than 1,500 squatters …

Mbale, Uganda |  THE INDEPENDENT |  The Bugisu Cooperative Union- BCU board has been given another term in office.  Initially, the term of office for the board was two years, but Parliament this year amended the Cooperative Act and the term extended to four years.  On Friday, BCU members who attended …

Kampala, Uganda | THE INDEPENDENT | Online traders in Uganda risk losing the market or even discourage online shopping all together over persistent failure to fulfill the expectations of the online customers, according to trade and digital innovation experts. The growth of online business has picked up pace during the lockdown …

Kampala, Uganda | THE INDEPENDENT | Parliament has approved up to 5.4 trillion Shillings loan to finance the budget deficit for the current financial year 2020/2021. This followed the adoption of Parliament’s National Economy Committee report in a plenary session chaired by Speaker of Parliament Rebecca Kadaga. The approved funds are …