Business

Stockholm, Sweden | Xinhua | Repair works on one of Sweden’s six remaining nuclear reactors have been delayed by two months to Jan. 31, the plant’s owner, energy company Vattenfall, said on Tuesday. Two weeks ago, the company announced that a vital component of the Ringhals 4 reactor had been …

Kampala, Uganda | THE INDEPENDENT | In a bid to curb the embezzlement of the Parish Development Model (PDM) funds, the government will start disbursing the revolving funds directly to Sacco group accounts. The parish Revolving fund is a capitalization grant from the government to SACCOs meant for lending to …

Kampala, Uganda | THE INDEPENDENT | State Minister for Housing Persis Namuganza has been summoned before the rules committee of Parliament over demeaning sentiments she made against the Parliament of Uganda. The Deputy Speaker of Parliament Thomas Tayebwa directed the committee to investigate Namuganza for allegedly questioning the integrity of …

Entebbe, Uganda | THE INDEPENDENT | The Government is preparing to repatriate more than 500 Ugandan migrant workers stranded in the Arabian Peninsula countries of Saudi Arabia, United Arab Emirates and Oman among others. Betty Among Akena, the Minister of Labour says the government is in advanced stages to repatriate …

Istanbul, Turkey | Xinhua |– The global food insecurity issue has been consciously fabricated and speculated by the United States to pursue its own hegemonic policies, a retired Turkish admiral told Xinhua in a recent interview. “It appears there are some manipulations to strengthen and mobilize the economies of big …

President Yoweri Museveni gives radio sh200million boost Tororo, Uganda | THE INDEPENDENT | Tororo Broadcasting Network Limited radio (RockCity Radio) will go live this year. This assurance was given today after President Yoweri Museveni fulfilling a government sh200million pledge that was needed by the Tieng Adhola Cultural Institution (TACI) to complete …

Moroto, Uganda | THE INDEPENDENT | A 34-year-old man has gone to the press, pleading for justice after being allegedly subjected to torture by his supervisors at China Railway No.3 Engineering Group (CR3), a company contracted to construct the road from Moroto to the Kenyan border of Lokitanyala. Martin Satya, a driver …

Kampala, Uganda | THE INDEPENDENT | Entrepreneur and philanthropist Tribert Rujugiro Ayabatwa is pleased to announce that on August 30, 2022, the East African Court of Justice (EACJ) ruled that Rwanda government’s seizure and auctioning his Union Trade Centre (UTC) Mall were illegal. EACJ awarded Ayabatwa US$1 million, 6% interest and court …

Kampala, Uganda | THE INDEPENDENT | During a cocktail event following the launch of NSSF’s Solana housing project in Lubowa yesterday, Lilian Mbabazi – one of the members of the legendary girl group, Blu 3 – sent guests down memory lane with performances from the girl group’s heydays. Performing live …

Addis Ababa, Ethiopia | Xinhua | Ethiopia has earned more than 560 million U.S. dollars in revenue from gold exports during the last Ethiopian 2021/2022 fiscal year, which ended on July 7, an Ethiopian official said Wednesday. State Minister of Ethiopia Ministry of Mines Thomas Tut said the bulk of …