Business

Bugiri, Uganda | THE INDEPENDENT | Over 2700 Farmers in Bugiri district are grappling with frequent power shortages, which threaten the development of agriculture in the area. Moses Makaka, the Manager of the Bugiri Agribusiness Institutions Development Association (BAIDA), says that the main challenge is between Musita and Nankoma in Bugiri district. According …

Kampala, Uganda | THE INDEPENDENT | Milly  Nakiranda (real name withheld), a senior two student, had to withdraw from studies when she conceived after being defiled by her teacher. This meant that her academic dream of gaining a professional skill was doomed since she had to halt her studies. Her story …

What you need to know INTERVIEW | CHRISTOPHER ADAM | The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement …

MOSCOW | Xinhua | Russia has no interest in having war with NATO countries, Russian President Vladimir Putin said on Sunday. In an interview with a local TV channel, Putin refuted the claims that Russia may attack NATO as “absurd and a figure of speech.” Moscow and NATO countries “have …

Kampala, Uganda | THE INDEPENDENT |  The Ministry of Finance, Planning, and Economic Development is proposing that the Uganda Revenue Authority raises almost 29.96 trillion Shillings in taxes next financial year, up from the current year’s 29.67 trillion. However, this will prove a tall order for the tax body considering …

Embrace sustainable practices not just for today’s bottom line, but as a strategic investment Kampala, Uganda | JULIUS BUSINGE | Insurance players have been urged to embrace the aspect of sustainability in their operations to positively impact communities, the environment, and related fields in their business. “In the realm of insurance, …

Kampala, Uganda | THE INDEPENDENT | Fresh Dairy has once again purposed to address the ever-changing needs and preferences of its customers by revamping its flavoured milk with a new look and slim pack addition. Flavoured milk is popular for being an on-the-go ready-to-drink and is great for during and post …

Kampala, Uganda | THE INDEPENDENT |  Civil society organizations have accused the Uganda Revenue Authority (URA) of failing to implement its policies and external advice to improve the administration of tax. The organizations under the Tax Justice Alliance Uganda (TJAU) say that this has in turn led to poor revenue …

The East African country is fourth African country to offer visa-free access for all African visitors Kampala, Uganda | RONALD MUSOKE | Rwanda has become the latest African country to offer visa-free access to all African citizens according to the latest edition of the Africa Visa Openness Index jointly published on …

ST. PETERSBURG | Xinhua |  The value of Russia’s gold reserves has exceeded 150 billion U.S. dollars for the first time in contemporary history, due to the rise in gold prices, RIA Novosti news agency reported on Thursday. The value of Russia’s gold investments in November increased by 2.2 percent, …