Business

The oil company records 20 million man-hours without lost time incidents Kampala, Uganda | JULIUS BUSINGE | TotalEnergies EP Uganda on September .12 achieved a significant safety milestone on the Tilenga project by completing 20 million man-hours without any Lost Time Incidents (LTI). An LTI is defined as a workplace injury …

Kampala, Uganda | THE INDEPENDENT | Uganda’s financial industry is still a step away from being internationally blacklisted over safety concerns, more than three years after the alarm was sounded by the Financial Action Task Force, FATF. FATF, an intergovernmental organization that monitors the global financial industries for financial crime, examined …

Addis Ababa, Ethiopia | Xinhua |  Ethiopian Airlines eyes tapping the surging market in China via opening new flights, using Addis Ababa, the capital of Ethiopia, as a gateway to Africa, chief executive officer of Ethiopian Airlines Mesfin Tasew has said. “China is a very important market for Ethiopian Airlines. …

Amuru, Uganda | THE INDEPENDENT |  Atiak Sugar Factory intends to gradually change to another sugarcane variety, more suited to irrigation and resistant to fires. The old sugar cane variety was a mixture of two varieties, NCO-245 and 511, which were rain-fed and prone to fires. However, the new varieties, which …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance, Planning and Economic Development has launched the 2024/2025 national budget process, with the aim of growing the economy by at least 6 percent during the year and 7 percent in the medium term. The Theme for the next budget remains …

Kampala, Uganda | THE INDEPENDENT | Geoffrey Byamukama, a 30-year-old businessman, said he got tempted to put some of his money into schemes promising quick riches. He tried two of these investment plans that his friends recommended, but they didn’t deliver as promised. He ended up losing all his money …

Moroto, Uganda | THE INDEPENDENT | Moroto District leaders have welcomed the construction of a cement and clinker factory. The 1.1 Trillion Shillings factory is being set up by West International Holding Limited, a subsidiary of China West Cement Limited (stock code 2233. HK), a Hong Kong-listed company. It is …

Kampala, Uganda | THE INDEPENDENT | For just Shs6000 a month or Shs72,000 a year, Ugandans who use SafeBoda as a means of transport will be assured of up to Shs1million in insurance cover, in case of an accident, thanks to a new partnership with Liberty Insurance a member of the …

Kampala, Uganda | THE INDEPENDENT | On Sept.7, Aimin Luo, the General Manager of China Petroleum Pipeline Engineering Co Ltd (CCP) paid a courtesy call to Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda to reinforce their working relationship. CCP is the construction contractor for the EACOP and …

Hoima, Uganda | THE INDEPENDENT | TotalEnergies E&P Uganda has achieved 20 million man-hours without Lost Time Incidents (LTI) on the Tilenga Project. This milestone was recorded on August 10, 2023, exactly 226 days since the 10-million-hour mark was realized in January. It comes two years since the Tilenga Project …