Kampala, Uganda | THE INDEPENDENT | The Agriculture Committee of parliament wants Government to promote Hass avocado growing countrywide, saying it will boost farmer’s income. Hass avocado is one of the most trending fruit at the moment with demand stretching from Europe, China, the United States and Middle East. The avocado, …
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Johannesburg. South Africa | THE INDEPENDENT | MTN Group’s president and CEO Rob Shuter will step down in March 2021 at the end of his contract, the company confirmed Wednesday, as it released its financial results for year ended 31 December 2019. “CEO Rob Shuter will be stepping down from …
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Stage set for competition with other regional commercial banks Kampala, Uganda | ISAAC KHISA | Patrick Mweheire, the former Chief Executive at Stanbic Bank Uganda, is considered to be one of the best brains within banking sector circles. This view is supported by his stellar performance at the bank where …
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Kampala, Uganda | THE INDEPENDENT | The tourism and hospitality industry in Uganda is dealing with the worst surge in cancellation of bookings as the global coronavirus outbreak takes a toll on businesses. Jean Byamugisha, the Uganda Hotel Owners Association chairperson, said many people who were scheduled to travel to Uganda …
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Kampala, Uganda | THE INDEPENDENT | The economic uncertainty of the COVID-19 coronavirus epidemic will likely cost the global economy USD 1 trillion in 2020, the UN’s trade and development agency, UNCTAD, has said. The warning was sounded by Richard Kozul-Wright, the Director, Division on Globalization and Development Strategies at UNCTAD …
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Singapore, Singapore | AFP | Oil prices surged more than six percent in Asian trade Tuesday following heavy losses a day earlier after top exporter Saudi Arabia began a price war with Russia. West Texas Intermediate was trading up 6.1 percent at more than $33 a barrel while Brent crude …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament want the National Identification and Registration Authority (NIRA) to start charging for sharing citizen’s data with private companies and government agencies. The demand was made by members of the Defense and Internal Affairs committee of parliament saying that for NIRA to …
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Kampala, Uganda | THE INDEPENDENT | Twenty two Europeans who arrived last night for the Uganda Europe Business Forum have returned home after discovering they would have to first self quarantine for 14 days. Uganda last week discouraged Europeans travelling from coronavirus hit countries from heading to Uganda, and if they …
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Kampala, Uganda | THE INDEPENDENT | A report by estate agent Knight Frank indicates that 494 Ugandans each own wealth worth at least $500,000 (1.8bn Uganda shillings). The index shows the minimum threshold. This means that of the 494 individuals, there are those that own wealth in the excess of USD1m …
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Mbale, Uganda | THE INDEPENDENT | Heavy rains have destroyed property worth millions in Kikindu market in Northern Division, Mbale Municipality. The rains which lasted for over three hours on Wednesday resulted in flooding of shops, kiosks and stalls leaving vendors counting losses. Some of the destroyed merchandise …
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The Independent Uganda: You get the Truth we Pay the Price