Business

Kampala, Uganda | THE INDEPENDENT | The Presidency Minister, Milly Babirye Babalanda has tasked the newly appointed Board of Directors of the Uganda Printing and Publishing Corporation– UPPC to urgently consider restructuring the entity. She made the call while responding to accusations against her raised by the Public Accounts Committee of …

Kampala, Uganda | THE INDEPENDENT | Veteran journalist Joachim Buwembo has been named board chairman of the Uganda Printing and Publishing Corporation, Minister for the presidency Babirye Milly Babalanda has revealed. In a statement to the Parliamentary Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) early today, the beleagured minister Babalanda …

Mbarara, Uganda | THE INDEPENDENT | Mbarara High Court has temporarily halted the Mbarara City General Boda Boda Operators Association elections. It came after the Mbarara City Council Clerk, Asse Abireeba issued an electoral roadmap, setting April 6th and 12th, April 2023 as the date for the polls. However,  the …

A new thrust to cultivate and promote the much-prized single-origin Arabica coffee, which thrives at high altitudes, could provide a powerful shot for Uganda’s coffee sector. Kampala, Uganda | THE INDEPENDENT | High up on the slopes of Mount Elgon in the Bulambuli District, lies Kikobero. The small village is home …

Kampala, Uganda | THE INDEPENDENT | The delayed maintenance of the Kampala-Jinja highway has irked lawmakers, who have now questioned the competence of Energo Projekt, a company contracted by government to undertake civil works. Parliament approved a budget of Shs82 billion for Uganda National Roads Authority (UNRA) to supervise maintenance of …

 Over 18,000 smallholder farmers to benefit from the digital loans Yumbe, Uganda | THE INDEPENDENT | Uganda Development Bank (UDB) has partnered with Ensibuuko, European Union, United Nations Capital Development Fund (UNCDF), and Food and Agriculture Organization (FAO) to launched a Fintech solution dubbed AgriConnect to ease access to digital financing …

Kasese, Uganda | THE INDEPENDENT | The business community at the Mpondwe border post in Kasese District are continuing to decry the low fish business despite the construction of the multi billion Mpondwe market. The decline of the fish business is largely attributed to the continued operations of a competitive market …

Kampala, Uganda | THE INDEPENDENT | Online retail giant Amazon plans to cut another 9,000 jobs as it seeks to save costs, the BBC reported on March 22. The firm, which employs 1.5 million people worldwide, said the cuts would fall mainly in areas including cloud computing and advertising. It did …

Kampala, Uganda | THE INDEPENDENT | Stanbic Uganda Holdings Limited through its Fintech subsidiary FlyHub, has announced a five-year partnership with Refactory—a training academy that offers alternative industry-led skilling services for the technology sector. The partnership signed on March 22 at SUHL offices in Kampala will help equip local business leaders, …

Kampala, Uganda | ISAAC KHISA | A little more than five years ago, Small and Medium Enterprises had limited options to receive payments from customers and businesses. They relied on cash and sometimes on cheques or bank transfers, methods that were deemed inconvenient. But this has since changed, thanks to the …