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Standard Chartered manufacturers’ business forum attracts 150

  Kampala, Uganda | JULIUS BUSINGE | Standard Chartered Bank Uganda has today (Feb.18) organized a Manufacturers’ Business Forum for over 150 manufacturers and various stakeholders at Hotel Mestil in Kampala. The aim was to provide a platform for market players to network, share forward-looking insights and best practices, according …

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Stanbic launches campaign targeting borrowers

Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda has launched a campaign dubbed ‘unbeatable loans’ aimed at creating awareness about the various financing solutions currently available. The campaign launched a few days ago will run until the end of May 2020, showcasing the bank’s unbeatable range of products that …

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Behind URA’s Shs700bn shortfall

Taxman to capitalize on new revenue collection initiatives to achieve better results going ahead Kampala, Uganda | JULIUS BUSINGE | Doris Akol, the Commissioner General at the Uganda Revenue Authority and her team have recently been in the news over failure to hit the revenue target. This is happening amidst …

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Japan suffers worst economic slump in five years

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 …

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Pineapple prices fall to sh200 in Masaka, farmers stuck

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 …

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Workers protest closure of Nyamuliro wolfram mines

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 …

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