Business

Moyo, Uganda |  THE INDEPENDENT | Ferry services between Laropi in Moyo and Umi in Adjumani districts are threatened by increasing water levels, which have since submerged the docking piers and Uganda National Roads Authority-UNRA offices adjacent to the landing site.  Several passengers travelling from Adjumani to Moyo were reportedly stranded …

Ntungamo, Uganda |  THE INDEPENDENT |  Members of the Natural Resources Committee of Parliament have questioned continued power interruptions in the country in contrast to uninterrupted power exports. The MPs who were on a field trip to Western Uganda to ascertain the level of electricity penetration in the area,  expressed the …

Kwania , Uganda |  THE INDEPENDENT | Kwania district local government has received Uganda shillings 492 million to repair community access roads within the district. The money from the Ministry of Works and Transport under the Uganda Road Fund (URF) is for the financial year 2020/21. The poor state of roads …

Kampala, Uganda | THE INDEPNDENT | Uganda’s National Expert Taskforce on the 4IR has released a draft report on a planned strategy to guide the country in achieving the vision of becoming a 4IR hub and competitive upper middle-income country by 2040. The taskforce was launched by President Yoweri Museveni in …

Mbale, Uganda |  THE INDEPENDENT |  The Privatization and Investments State minister, Evelyn Anite has revealed government plans to construct a power substation in Mbale City industrial park to overcome the challenge of power outages.  According to Anite, the substation will also help reduce the heavy costs of power for running …

  Kampala, Uganda | THE INDEPENDENT | Life has not been the same for renowned Ugandan actor and comedian Richard Tuwangye aka Amoosi since the nationwide lockdown was announced in March 2020. The arts and creative sector from which Tuwangye makes a living was among the hardest hit. With social distancing …

  Kampala, Uganda | THE INDEPENDENT | Nominations for the Ugandan 2020 top Chief Finance Officer (CFO) award has started and will be open until November 20, 2020. The awards are organized annually since 2017 by ACCA (the Association of Chartered Certified Accountants) in partnership with Deloitte (Uganda) Limited. It is open …

Kampala, Uganda |  THE INDEPENDENT |  The Uganda National Roads Authority (UNRA) will soon purchase four portable bridges for emergency situations. According to UNRA Six billion shillings has been set aside to purchase the four metallic portable bridges within the next nine months. They are metallic, 40-meter-long portable bridges that are …

Kampala, Uganda | THE INDEPENDENT | On-demand delivery app, Glovo, has launched its operations in Kampala as part of its market expansion strategy. This is the second market in East Africa following Kenya in 2018. The firm has two more operations on the African continent including Morocco. Glovo is a …

Kampala, Uganda |  THE INDEPENDENT | The Central Bank has rejected the Government’s plan to borrow up to 4.3 trillion Shillings from the domestic market to fund the supplementary budget expenditure of 6.5 trillion Shillings.  The matter came up when officials from BoU, the Private Sector Foundation and Uganda Bankers Association …