Business

Entebbe, Uganda | THE INDEPENDENT | The government is yet to meet its monthly collection target of shillings 7.8 billion from tolling the Kampala-Entebbe Expressway. Uganda National Roads Authority-UNRA only collected close to Shillings 20 billion as toll fees on the expressway between January 8, 2022, when tolling commenced, and July 31, …

Kampala, Uganda | THE INDEPENDENT | Taxi Operators are disunited about the registration exercise which the Uganda Transport Operators Federation – UTOF is proposing for all of them. Formed in September last year, UTOF is a body that unites former independent taxi Operators’ associations of Kampala Operational Taxi Stages Association (KOTSA), …

Arua, Uganda | THE INDEPENDENT | Police in West Nile are investigating the death of 14 people after allegedly taking “City 5”, a local potent gin produced by City 5 distillers in Ayivu division of Arua city. The death started occurring on Friday until Sunday morning while several other victims …

Kampala, Uganda | THE INDEPENDENT | Most Asians who were expelled from Uganda in 1972 by the former President, Idi Amin Dada had permanent residences in the country. While some former homeowners have returned “home” to reclaim their “Ugandan Identity” fifty years after,  some of them have another battle to fight …

Kyankwanzi, Uganda | THE INDEPENDENT | Residents of Kitwala West Village in Muwangi Sub County Kyankwanzi District are up in arms against the National Forestry Authority– NFA for evicting them from their Bibanjas without following the due process of the law. It is alleged that on August 6 this year, …

Kampala, Uganda | THE INDEPENDENT | The Chief Executive Officer (CEO) of Uganda Airlines, Jenifer Bamuturaki has said she is qualified and experienced to run the airline. Bamuturaki was appearing before the Committee on Commissions Statutory Authorities (COSASE) chaired by Nakawa West Member of Parliament, Joel Ssenyonyi on Wednesday, 17 August …

Crypto adoption in Africa is catching attention of many venture funds, crypto firms | THE INDEPENDENT | Binusu, a Local Cryptocurrency exchange, and pioneer of fiat to crypto exchange in Uganda has unveiled new features to provide users in Uganda with top-notch services in Fiat to Crypto Exchange. “Our objective …

BoU Deputy Governor urges financial sector players to leverage digitization to kindle demand for financial services | THE INDEPENDENT | How can we leverage advancements in digitalization to spark the demand for financial services by people at the bottom of the pyramid, and thus increase access to and usage of …

Libya stopped funding the telecom company five years ago and instead Ugandan government took over its management | THE INDEPENDENT | On Aug.08, Uganda’s Court of Appeal overturned the High Court decision directing the National Social Security Fund to refund Uganda Telecom Shs14bn contribution belonging to former employees. This verdict …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Education, Joyce Moriku has reassured Members of Parliament that government has developed a statutory instrument to regulate school fees and other school related matters. She was responding to a matter of national importance raised by Samuel Opio, Kole North County …