Uganda Government issues Kanywataba petroleum exploration license to Armour Energy Limited Kampala, Uganda | JULIUS BUSINGE | Uganda has handed over the petroleum exploration license in the Kanywataba block in the Albertine area to an Australian company – Armour Energy Limited. Speaking at a press conference at the Ministry of Energy offices in Kampala …
Read More »
Tokyo, Japan | AFP | German carmaker Volkswagen is aiming to sell 1.5 million electric cars in China by 2025, its boss was quoted as saying Thursday, seeking to capitalise as Beijing mulls a clampdown on polluting vehicles. Speaking on the sidelines of the International Motor Show in Frankfurt, Chief Executive …
Read More »
Ahmedabad, India | AFP | India’s first bullet train project, a $19-billion initiative linking Ahmedabad to Mumbai, was launched Thursday as Indian Prime Minister Narendra Modi and Japanese counterpart Shinzo Abe hailed fast-growing ties between Asia’s two biggest democracies. The project is seen as emblematic of warming relations between New Delhi …
Read More »
Frankfurt am Main, Germany | AFP | Automakers descended on Frankfurt Tuesday to show off their latest innovations at the glitzy International Motor Show (IAA), even as the spectre of tough new environmental rules and a string of no-shows took some of the shine off the event. On the surface, there …
Read More »
COMMENT | By Amos Wekesa | After reading The Daily Monitor yesterday and seeing Justice Stephen Kavuma back, I told a business friend of mine that we urgently need to form a task force that will educate Ugandan politicians, civil servant basics of investment while one can. If we don’t do …
Read More »
Washington, United States | AFP | Republican lawmakers on Tuesday proposed making it easier to buy silencers for firearms, scandalizing Democrats. The proposed legislation aims mainly to benefit hunters or owners of firing ranges and contains several provisions, including the one on silencers. Since 1934, a government permit has been required …
Read More »
MTN strikes deal with NSSF, backs formulation of mobile money law Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) has added the mobile money platform as an option for Ugandans to make their contributions. “We are making saving easier for Ugandans and more convenient on their phones,” said NSSF …
Read More »
How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
Read More »
Kampala, Uganda | THE INDEPENDENT | A new youth empowerment programme called Project 500K has started its mission of empowering young Ugandans, aged 18 – 35, as they begin their careers. Project 500K plans to empower youth to change their mindset and build the skills needed to be employable or run a …
Read More »
Dubai, United Arab Emirates | AFP | The $680 million Venice development four kilometres (2.5 miles) off Dubai will have capacity of 3,000 visitors. Real estate is a mainstay in Dubai which has the most diversified economy in the oil-rich Gulf, with oil sales bringing in under 10 percent of state …
Read More »
The Independent Uganda: You get the Truth we Pay the Price