Business

Kampala, Uganda | THE INDEPENDENT | The ongoing investigations into the conduct of the National Social Security Fund-NSSF former Managing Director, Richard Byarugaba will not in any way affect the members’ savings, Finance Minister, Matia Kasaija has said. This comes almost three weeks after the president, Kaguta Yoweri Museveni on …

Kasese, Uganda | THE INDEPENDENT | Unknown assailants have stabbed to death a businesswoman in Kilembe Quarter in Kasese Municipality. The deceased has been identified as Florence Torakye, a timber dealer in Kilembe Quarters. She was staying with a niece. Safari Martin, the LC III Chairperson of Kasese Central Division, says that Torakye …

Kampala, Uganda | THE INDEPENDENT  |  Students from Makerere, Ndejje and Kyambogo university will starting this year benefit from a skills and knowledge development partnership between The East African Crude Oil pipeline Company (EACOP) Ltd and the Institute of Surveyors of Uganda (ISU). The initiative will provide a three-months training and …

  ✳ CLICK TO FOLLOW LIVE UPDATE Entebbe, Uganda | THE INDEPENDENT |  Turkish Airlines flight number 606 was today forced to return to the ground after a bird strike during take-off. The A330 however had to fly around Kampala and Entebbe for over an hour to burn fuel to achive the right …

Updated for the first time since 2008, the new ‘200 Greatest Singers of All Time’ list includes Miriam Makeba, Tabu Ley, and Burna Boy, among others. SPEICAL FEATURE | BIRD AGENCY |  Rolling Stone, one of the world’s leading music publications platforms, kicked off the new year with an update …

  Just as the COVID-19 pandemic improved risk awareness amongst the public and enterprises of all sizes towards embracing insurance, so should the current global environment emphasise the need for Risk Management Products COMMENT | RAHMAH MASAGAZI | Even as humanity collectively embarks on the painstaking journey of recovery from …

Kampala, Uganda | THE INDEPENDENT | Ghana’s December announcement that it was suspending debt payments to selected creditors heightened the debate over the sustainability and risk levels of African debts. The announcement took many by surprise, that the economy was so bad it needed such drastic measures. Lest we forget, and …

Kampala, Uganda | THE INDEPENDENT | Theft and vandalism are some of the reasons why Uganda’s electricity sector has failed to bring down energy losses blamed for high electricity tariffs. Energy losses are the difference between the energy produced and purchased by the distributor and that sold to the final consumer. …

Seoul, South Korea | Xinhua | South Korea’s tech firm LG Electronics saw its operating profit tumble in the fourth quarter of last year, the company said Friday. Preliminary operating profit came to 65.5 billion won (51.9 million U.S. dollars) during the October-December quarter, down 91.2 percent from a year earlier. It missed …

Kampala, Uganda | THE INDEPENDENT | The recent start of fuel transportation by the MT (Motor Tank) Kabaka Mutebi II along the Kisumu-Entebbe route is a potential disruption in the entire delivery chain, according to experts. The ship which is said to have the capacity to carry 4.5 million litres at …