Business

London, United Kingdom | AFP | Stock markets picked up Wednesday on hopes for a strong US economic rebound even though retailers reported mixed results and US-China tensions continued to mount. Equities have enjoyed a broad advance for several weeks as virus infection and death rates slow, allowing governments to lift …

 Ntungamo, Uganda |  THE INDEPENDENT |  Leaders in Ntungamo Municipality have disagreed over the proposed relocation of the Banana Market. Mayor Jacob Kafureeka wants the market shifted to his land in Kiziiko, a move that has been rejected by the councillors.  Last week, the municipal enforcement team ordered matooke traders to …

Kampala, Uganda  | GODFREY SSALI | Uganda’s Constitutional Court has given National Social Security Fund (NSSF) and the Attorney General of Government 10 days within which to respond to a petition filed by a Human Rights Activist Morris Rwakakamba. Rwakakamba who filed the petition in public interest, wants an interpretation of …

Kampala, Uganda | THE INDEPENDENT | Traders in Kampala have asked the government to lobby for free interest loans for their businesses that were affected by the outbreak of COVID-19. In March, President Museveni issued several measures to combat the spread of the virus. They included restrictions on the movement of …

Airlines say social distancing onboard could mean high costs for passenger air transport Kampala, Uganda | ISAAC KHISA | International Air Transport Association has warned that air ticket prices could rise up to 54% depending on the region if airlines are forced to exercise social distancing onboard due to the …

Phasing out 14-seater taxis, boda bodas in the city is welcome but needs time to implement Kampala, Uganda | ISAAC KHISA | Those who drive or commute in Kampala City can attest that a lot has changed over the past decades. Public transport service has become busy and messy. Passengers …

New report by EPRC echoes global procurement experts on post-COVID business | THE INDEPENDENT | Businesses in Uganda should build new supply chains following the disruption to their old ones caused by the outbreak of the coronavirus disease, COVID-19. That is one of many takeaways from a business climate survey …

Kampala, Uganda |  THE INDEPENDENT |  UNAIDS Executive Director Engineer Winnie Byanyima has advised that COVID-19 vaccines must be free to all races in case Scientists discover one. She says World leaders must unite behind the development what she has called “a people vaccine”  Byanyima in a message ahead of the …

Kampala, Uganda |  THE INDEPENDENT |  Four million Ugandans could lose their jobs if the Coronavirus pandemic persists for the next six months, according to the business climate index published by the Economic Policy Research Centre. EPRC conducted a survey, sending questionnaires electronically to 147 businesses which are a panel of …

Kampala, Uganda |  THE INDEPENDENT |  The COVID-19 pandemic has resulted in huge financial pressures on radio stations across the country with little or no revenue from advertisers, the main source of income for the broadcasters. Several businesses have come to a standstill since the lockdown which started in March. The …