Business

  Kinshasa, Uganda | THE INDEPENDENT | The Government of Uganda represented by the Embassy of Uganda in Kinshasa – Democratic Republic of Congo (DRC) together with the DRC – Uganda Business Association (DUBA) represented by KTA Advocates intend to hold the 2nd Joint Business Forum in Kinshasa from the …

Kampala, Uganda | THE INDEPENDENT | SEACOM, the pan-African telecommunications service provider, today announced it will acquire selected infrastructure assets from Africell in Uganda. The acquisition marks a significant step for SEACOM and is a testament to the company’s commitment to providing, competitive end-to-end connectivity and ICT solutions across the …

Kampala, Uganda | THE INDEPENDENT | Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has given Janet Kobusingye, the proprietor of Mestil Hotel and Residences up to Monday 14 February next week to present relevant documents to prove ownership of the land where the hotel was constructed. The …

Jerusalem, Israel | Xinhua | Israel’s Ministry of Transport and Road Safety announced on Wednesday the country’s first certification for unmanned aircraft vehicles (UAVs) to operate in civilian airspace. The certification was issued by the Israeli Civil Aviation Authority (CAA) to the Hermes Starliner unmanned system, which was developed and …

Kampala, Uganda | THE INDEPENDENT | Deputy Bank of Uganda Governor Dr. Michael Atingi-Ego has been named among the high-level panelists to headline Stanbic Bank’s annual Economic Outlook Forum slated for tomorrow at Kampala Serena Hotel. Held annually, this year’s forum will run under the theme “Uganda- A Tale of resilience …

The country hopes to earn US$1.862billion next financial year Kampala, Uganda | THE INDEPENDENT | Uganda Tourism Board has launched a six-month promotion campaign to further market destination Uganda to increase sector receipts as the world emerges from COVID-19 restrictions. UTB Chief Executive Officer, Lilly Ajarova, said on Jan.15 that the …

Brussels, Belgium | Xinhua | Weaker economic activity in the Eurozone during the first months of the year will give way to a rebound in the second quarter as the Omicron variant proves milder and governments become wary of imposing strict restrictions, said a Dutch banking company expert. However, higher inflation, …

The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …

  Kampala, Uganda | THE INDEPENDENT | The Uganda government has been commended for supporting recovery of business activities but more efforts needs to be done to have meaningful impact to the micro and small scale entrepreneurs, according to Joanita Nassuna, the Program Associate in charge of women and economic justice …

Kyenjojo , Uganda | THE INDEPENDENT | The Minister for Tourism, Wildlife and Antiquities, Tom Butiime has opened a first ever Coffee Lodge in the country at the “Clarke farm” in Kasaba sub county, Kyenjojo district. During the launch on Sunday, Butiime disclosed that the government has considered to have …