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Farmers lift ban on supplying sugarcane to Kinyara

Kampala, Uganda | THE INDEPENDENT | Sugarcane farmers in Masindi have resolved to lift their ban to supply cane to Kinyara Sugar Limited. The farmers slapped a ban on supplying cane to Kinyara Sugar Limited on October 18th, 2018 following their failure to agree with the company on the final payment …

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How to stir industrial growth

Friedrich-Ebert-Stiftung offers suggestions ahead of new policy launch Kampala, Uganda | JULIUS BUSINGE | Policy documents alone will not industrialise Uganda. The government should lead this agenda by acting and learning from the mistakes and failures. Also industrial development should become a political priority in action and funding, not in …

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BoU maintains lending rate at 10 percent

The Bank of Uganda has maintained the benchmark central bank rate at 10 percent. Kampala, Uganda | THE INDEPENDENT | Governor BoU Emmanuel Tumusiime Mutebile says that the 12-month inflation forecast has improved slightly relative to October 2018 forecast. The Consumer Price Index data by Uganda Bureau of Standards indicates that …

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NOTU, Finance Ministry bicker over NSSF representation

Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) is embroiled in a conflict over its representation to the National Social Security Fund (NSSF) board. The 11th NSSF board was inaugurated by Finance Minister Matia Kasaija yesterday but without workers representatives from NOTU. The inaugurated board is …

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COMMENT: Behind new Sugar Act

Thank you parliament for ensuring that new law on sugar shifts from ‘bitter’ Sugar Bill to new ‘Sweat’ Sugar Act COMMENT | Michael Mugabira | The Parliament of Uganda delivered a land mark victory on Nov.21 by passing the Sugar Act to streamline the affairs of the sugar industry. The Sugar Bill …

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Umeme’s new target

ERA wants the power distributor to connect more customers, cut losses Kampala, Uganda | JULIUS BUSINGE | Selestino Babungi, the managing director of Uganda’s largest power distribution company, Umeme, wants the industry regulator, Uganda Electricity Regulatory Authority (ERA) to set for them fair targets amid high consumer expectations. Babungi said fair …

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SHOPPING: Black Friday

Why do shoppers throw punches over bargains? A marketing expert explains the psychology Kampala, Uganda | COLLEEN P. KIRK | Black Friday, the most celebrated shopping day of the year, abounds with tales of fistfights over discounted televisions or even stampedes as consumers rush to get that low-priced sweater they saw …

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Nigeria seeks arrest, extradition of former oil minister

Abuja, Nigeria | AFP |  Nigeria’s main anti-corruption agency on Monday filed for the arrest of former oil minister Diezani Alison-Madueke after a judge approved a request for her to be charged with corruption. The Economic and Financial Crimes Commission (EFCC) said in a statement the application for warrant of …

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