Business

Kampala, Uganda | THE INDEPENDENT | The US Ambassador to Uganda, Deborah Malac, has said Uganda has not taken full advantage of the Africa Growth and Opportunity Act (AGOA). Uganda is one of 38 African countries eligible for tariff-free and quota-free access to the US market. AGOA allows over 6,000 …

Kampala, Uganda | THE INDEPENDENT | The efforts of civil society have finally paid off, prompting Uganda’s ministry of finance to direct Local Government accounting officers to call for quarterly releases at the district level to ensure accountability and value for money. “They have no reason as to why they …

  Entebbe, Uganda | THE INDEPENDENT |  President Yoweri Museveni has saluted the management of the Tony Elumelu Foundation Entrepreneurship Programme for supporting the youths in Africa in entrepreneurship empowerment skills in a bid to fight against household poverty. The Tony Elumelu Foundation supports a total of 1000 African youths, …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has recognised Stanbic Bank Uganda Ltd as the best performing bank in Uganda government securities for the year 2017. This is the sixth consecutive year that Stanbic has won the award. Launched in 2005, the Primary Dealer (PD) system aims to …

Moroto, Uganda | URN | More than 1000 children in the mining sites of Moroto district are at risk of developing chronic health complications unless proper measures are put in place to stop child labor at mining sites. A report from a study conducted by Platform for Labor Action in …

The parties to the suit represented by their lawyers and Mwine Mpakas lawyer, Fox Odoi agreed that both petition could be heard under the same judge. Kampala, Uganda | URN | The Civil Division of the High Court in Kampala will concurrently hear the suits in which Western MP, Mwine …

Kampala, Uganda | URN | Cabinet has approved the tabling of Landlords and Tenants Bill which seeks to, among other things, restrict payment of rent in shillings unless the tenant and landlord amicably agree on transaction in other currencies. State Minister for Housing, Dr. Chris Baryomunsi, says the bill will …

President Museveni challenges western companies as Uganda signs oil refinery pact Entebbe, Uganda | THE INDEPENDENT | Uganda took a firm step to building its first oil refinery when officials signed a Project Framework Agreement with the Albertine Graben Refinery Consortium (AGRC) in Entebbe on Tuesday. The agreement will ensure development, …

Luxembourg, Luxembourg | AFP | The EU’s top court on Tuesday backed the right of member states like France to ban a service by ridesharing firm Uber without notifying Brussels, in a fresh setback to the US giant. The European Court of Justice ruled in favour of France’s ban of …

Kampala, Uganda | THE INDEPENDENT | Government has asked Uganda Revenue Authority (URA) to drop a recent directive for banks to release to them account details of all their clients. Uganda’s cabinet decided on Monday that the URA move “would cause unnecessary litigation and some turbulence in the banking sector and …