Business

Kampala, Uganda | THE INDEPENDENT | The Cabinet has finally given green light to the energy ministry to grant exploration licenses and sign production sharing agreements (PSA) for two oil exploration blocks in the Albertine Graben. According to the minister of state for National Guidance, Godfrey Kabbyanga a cabinet meeting held …

The award-winning music video director has worked with artists including Nyashinski, Otile Brown, King Kaka, Kambua and Khaligraph Jones. Nairobi, Kenya | BIRD AGENCY | When Steve Maingi Mugo is on set, nothing is left to chance. Every few minutes, he calls for a change of scene or gives new …

CONFIRMED: Uganda writes to Chinese firm to cancel $2.2bn SGR railway line building contract, turns eyes to Turks  Kampala, Uganda | THE INDEPENDENT | Government has written to the China Harbour Engineering Company (CHEC) seeking to cancel an eight year old $2.2bn Standard Gauge Railway (SGR) contract. According to a high level source …

Amuru, Uganda | THE INDEPENDENT | South Sudan government officials have committed to putting to an end the rampant cases of extortion and harassment of cargo truck drivers by security and immigration personnel. This comes just two days after hundreds of cargo truck drivers staged a protest at the Uganda-South Sudan …

Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline (EACOP) company hopes to start construction works in the second quarter of this year when the compensation and resettlement exercise is expected to end. This will be almost a year since the company applied for the construction license from …

Cairo, Egypt | Xinhua |  The Egyptian pound further declined against the U.S. dollar on Wednesday, plunging to below 31 pounds to the dollar before settling at 29.7 in the afternoon. The Egyptian local currency has lost about half of its value since March 2022, when a dollar was worth …

Mbale, Uganda | THE INDEPENDENT | Bugisu Cooperative Union-BCU has stocked 2000 tons (2 million Kilograms) of Arabica Coffee, which is double the total kilograms of coffee the union bought between 2018 and 2021. Rodgers Wandulo, an official in the BCU marketing department attributed the huge boost to the good leadership …

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 …