Business

Kitgum, Uganda  | THE INDEPENDENT |  The construction of roads and a bus terminal in Kitgum Municipality is set to start after the Ministry of Lands Housing and Urban Development finalized the procurement process for a consultancy firm. Kitgum Municipality is among the eight urban centres in the country that received …

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni dispatched a team of officials from the Foreign Affairs Ministry on Tuesday to make use of the stop over by his Guinea Bissau counterpart, Umaro Mokhtar Sissoco Embalo to discuss trade relations between Uganda and the West African nation. Embalo made a …

Rental rates are expected to drop as supply exceed demand Kampala, Uganda | ISAAC KHISA | Rent for office space in prime locations in Kampala City has recorded a 10% decline as tenants opt for small space, latest data from property agency, Knight Frank shows. Rent has dropped to as …

With one-third of the 2030 Agenda journey already complete, it is an opportune time to examine Africa’s progress on the Sustainable Development Goals (SDGs) so far as well as assess what adjustments to strategies are needed to overcome the remaining obstacles. The SDGs provide time-bound targets in key sectors—including health, …

Executives hope that the future is bright as listed entities post profits Kampala, Uganda | JULIUS BUSINGE | Companies trading on the Uganda Securities Exchange have opened the New Year with poor performance. Umeme, Quality Chemical Industries Limited (CQCIL) shares have fallen below the Initial Public Offering (IPO) price. This …

Kampala, Uganda  | THE INDEPENDENT |  President Yoweri Kaguta Museveni says he is not worried after Kenya seized Uganda’s milk products on their market saying the rest of the world is there to buy the milk. Few days ago Kenya blocked Uganda’s milk and dairy products, particularly Lato Milk on claims …

Kampala, Uganda  | THE INDEPENDENT |  The United Kingdom officially leaves the European Union, a political and economic bloc bringing together 28 member states in Europe. The UK has been a Member of the European Union for 47 years. The decision to quit EU followed a referendum, commonly referred to as …

Kampala, Uganda  | THE INDEPENDENT |  A Chinese company Power China International Group Limited has submitted an application to construct the 840 Mega Watts Ayago hydropower plant on River Nile.   According to the Uganda Gazette this week, the company seeks a license for generation and sale of electricity from Ayago dam …

Soroti, Uganda  | THE INDEPENDENT |  Construction of a processing and storage facility has started in Soroti Municipality.  The Shillings 18 billion project comes just months to the completion of Soroti Central Market under the Market and Agricultural Trade Improvement Program Project-2 MATIP-2. The new project is co-funded by the African …

Abuja, Nigeria | AFP |  South African mobile giant MTN has said it will make investments worth $1.6 billion (1.45 billion euros) in Nigeria as it seeks to put a series of legal wrangles to bed. The telecommunications firm said late Wednesday that its top executives made the announcement during …