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Tag Archives: Market

Mukono authorities, vendors disagree over market space

Mukono, Uganda | THE INDEPENDENT | Vendors operating in an open weekly market at Mbalala trading center in Mukono district have disagreed with local authorities on the new proposed market space. The Mbalala LCI chairperson Mohammed Wamala resolved to shift the weekly market to Kasenge playground. The market with more than …

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U.S. equities post weekly gains amid earnings, economic data

New York, U.S. | Xinhua | U.S. stocks advanced for the week as Wall Street assessed a batch of earnings reports and economic data. For the week ending Friday, the Dow gained 0.4 percent, the S&P 500 rose 1.3 percent and the tech-heavy Nasdaq Composite advanced 2.7 percent. For October, the …

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UNBS closes 50 maize mills in quality enforcement drive

Luwero, Uganda | THE INDEPENDENT | The Uganda National Bureau of Standards has commenced enforcement of quality standards against uncertified maize grain and maize flour. The enforcement started with the closure of more than 50 mills in parts of Luwero and Jinja among others. This follows a year-long quality sensitisation campaign which …

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Gov’t negotiating with COMESA countries for trade

Kampala, Uganda | THE INDEPENDENT | The government has said that it is exploring new market opportunities within the Common Market for Eastern and Southern Africa-COMESA member states. Uganda is currently facing a big challenge with key neighbors like South Sudan facing political unrest and the border closure by Rwanda. Some …

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RDC halts allocation of space in new Tororo market

Tororo, Uganda | THE INDEPENDENT | Nixon Owole the Tororo Resident District Commissioner has ordered the municipal council authorities to halt the ongoing allocation of space to vendors in the new market. According to Owole, his office and that of the District Police Commander have received several reports and complaints from market …

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Vendors lose Nakasero Market takeover case to KCCA

Kampala, Uganda | THE INDEPENDENT | The Civil Division of the High court in Kampala has dismissed an application by a section of vendors from Nakasero market seeking orders to throw Kampala Capital City Authority-KCCA out of the market management. The vendors organized under Nakasero Market Sitting Vendors and Traders Limited …

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Vendors in Kampala decry delayed distribution of mosquito nets

Kampala, Uganda | THE INDEPENDENT | Vendors in the different markets of Kampala have decried the delayed distribution of mosquito nets. Last month, President Museveni asked vendors to sleep in the markets to reduce contact with family members as a measure to control the spread of COVID-19. Museveni then directed the …

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