Business

SAATM is designed to lift restrictions on market access in Africa and to remove restrictive bilateral air service agreements (BASAs) between state pairs COMMENT | DEREK NSEKO | This week marked exactly 22 years since the signing of the Yamoussoukro Decision (YD). For those with interest in the African aviation industry, …

  Nobert Kagoro, the country managing partner at Deloitte Uganda spoke to The Independent about the forthcoming fifth edition of chief financial officer awards. What should the public look out for in the forthcoming 5th edition of Chief Financial Officer Awards? The fifth edition of the CFO Awards have brought …

The company recorded Shs 2.8billion profit for the half year period Kampala, Uganda | ISAAC KHISA | Uganda’s drug manufacturer, Cipla Quality Chemicals Ltd, recovered Shs 2.5billion from the Zambian government for the drugs supplied in 2018, helping the company to record a profit from the second time since listing …

 The dark side of African Continental Free Trade Area Kampala, Uganda | ISAAC KHISA | Africa’s heads of state on March 21, 2018 descended onto the hills of Kigali, Rwanda, to sign the long awaited agreement to create the African Continental Free Trade Area (AfCFTA) that encompasses more than 1.2billion …

Johannesburg, S.A | Xinhua | The International Trade Centre (ITC) said on Tuesday that it has launched a training program for small businesses on how to export within the African Continental Free Trade Area (AfCFTA). “The How to Export with the AfCFTA training program is crucial in empowering African small businesses …

Arusha, Tanzania | Xinhua | Member states of the East African Community (EAC) have been urged to expedite the comprehensive review of the EAC Common External Tariff (CET) in order to promote trade and industrialization in the region, the EAC said in a statement released on Monday. Betty Maina, chairperson of …

Kampala, Uganda | THE INDEPENDENT | The National Organization of Trade Unions (NOTU) has threatened to mobilize workers countrywide to protest the delayed processing of the National Social Security Fund (NSSF) amendment bill. Although the NSSF Bill recently appeared under the business to follow for debate on the order paper, …

Nakaseke, Uganda | THE INDEPENDENT | The increasing number of youth resorting to the metal scrap business which is now proving lethal, is a sign of desperation by the unemployed, Rev. Fr. Hilary Muheezangango, the Director of Caritas Kasanaensis under Kasana-Luweero Diocesan social development arm has warned. Fr. Muheezangango says …

Entebbe, Uganda | THE INDEPENDENT | Some of the Ugandan migrant workers deported from Saudi Arabia blame their woes on mistreatment, long working hours, and non-payment. On October 3, 2021, over 43 migrant workers were deported from Saudi Arabia via Entebbe International Airport. Mark Ssengondo and another domestic worker who spoke on condition of …

Entebbe, Uganda | THE INDEPENDENT | Uganda Airlines is facing corporate governance problems because the inaugural board of directors and managers lack experience, the Finance, Planning, and Economic Development Minister, Matia Kasaija has revealed. The government revived the national carrier in 2019 lower transport costs, boost tourism and business opportunities …