Business

Tokyo, Japan | AFP | Japan has suffered its worst quarterly GDP contraction in more than five years, with a tax hike and a deadly typhoon taking a toll on the world’s third-largest economy. The nation’s gross domestic product in the three months to December shrank 1.6 percent from the …

Masaka, Uganda  | THE INDEPENDENT |  Pineapple farmers in Masaka district are stuck with their farm produces as their export market shrinks.  The most affected are farmers in the sub-counties of Kyannamukaaka, Kyesiiga and Buwunga who are struggling to find market for their ripe pineapples with some already rotting in the …

Kasese, Uganda  | THE INDEPENDENT |  The Parish Community Association (PCA) Program Changing Lives of residents in Bunyangabu district. In 2018, the Office of the Prime Minister launched the program aimed at improving the livelihood of communities at the parish level.   Under the program, a group of 30 members with a …

Rubanda, Uganda  | THE INDEPENDENT |  Over 500 casual labourers at Nyamuliro Wolfram Mines in Kaara parish, Muko Sub County Rubanda district on Friday staged a demonstration protesting the closure of KI3R Minerals International Limited.  KI3R Minerals International Limited which took over the mines from Krone Uganda Limited in 2016, closed …

Gulu, Uganda  | THE INDEPENDENT |  The  envisaged child care centre at Gulu Main Market has failed to operate four years after the facility was commissioned. The centre is meant to host children below school going age who are not allowed to spend longer hours with their parents in the market. …

Kampala, Uganda | THE INDEPENDENT | The High Court Civil Division has rejected findings and recommendations of the Parliamentary committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that people who benefited from the SH 6 billion presidential oil handshake refund the money. The committee, which was led by Bugweri legislator …

Kampala, Uganda  | THE INDEPENDENT | The U.S Agency for International Development (USAID) through the Prosper Africa initiative is partnering with the United Bank for Africa (UBA) to increase two-way trade and investment between the United States and the nations of Africa. The partnership will ensure that businesses are equipped …

Nwoya, Uganda  | THE INDEPENDENT |  Nwoya has become the latest District in Acholi sub region to report an existence of the crop-devouring desert locusts, albeit on a small scale.  The deadly insects were randomly sighted in Got Lunyang and Aol ki Lyec villages in Lutuk Parish, Kochgoma Sub County; Obira …

Kampala, Uganda  | THE INDEPENDENT |  Traders who import most of their goods from China say they have been unable to send money for goods or fly to China as most factories supplying them are closed due to the outbreak of the coronavirus. This will likely have an impact on the …

Mbarara, Uganda | THE INDEPENDENT | Mbarara veterinary authorities have disposed of more than 1000 kilograms of pork because of African swine fever. The pork was impounded from Pork Slaughter House in Kekombe in Kakoba Division on Wednesday. Dr. Moses Amanyire, the Veterinary Officer Mbarara Municipality, says the impounded pork was found …