Business

Gulu, Uganda | THE INDEPENDENT | Just four days after Gulu City council authorities launched a mass eviction of individuals conducting businesses in ungazetted spaces, normalcy appears to have returned on the major streets within the city center and the Main Market. Pedestrian walkways and pavements on major streets of …

Near-term macroeconomic outlook estimates growth at 3.7 percent in financial year 2022, which is lower than pre-COVID-19 projections of over 6 percent Kampala, Uganda | THE INDEPENDENT | New global shocks and the impacts of the Russia-Ukraine war has dampened Uganda’s economic growth prospects  amidst the waning coronavirus pandemic and …

Kasese, Uganda | THE INDEPENDENT | The Mpondwe-Lhubiriha One Border Post Market in Mpondwe town council, Kasese district has been handed over to government after completion. The over 5 billion shillings facility was funded by the World Bank through Great Lakes Trade Facilitation Project has now been handed over to …

Visibly angry UBOS boss Mukiza explains Uganda’s position Kampala, Uganda | THE INDEPENDENT | The  Uganda Bureau of Statistics-UBOS and the World Bank have disagreed on the methodology used in determining the country’s economic status. They will however release a joint statement in the next 24 hours on Uganda’s status. …

Lisbon, Portugal | Xinhua | Drinking beer is beneficial to the intestine and has the potential to prevent chronic diseases, according to a research by the Center for Research in Health Technologies and Services (CINTESIS), a non-profit research and development unit, in the city of Porto in northern Portugal. “Beer …

Bushenyi, Uganda | THE INDEPENDENT | Savings and Cooperative organizations have expressed concern over multiple regulations. The savings and cooperative Organizations currently are regulated by the registrar of Cooperatives, Uganda Microfinance Regulatory Authority, and Bank of Uganda. Speaking at the International Cooperative Day in Sheema Municipality on Saturday, John Njoki …

Moroto, Uganda | THE INDEPENDENT | The persistent drought in the Karamoja region is affecting the cattle trade. In some of the cattle markets visited by Uganda Radio Network, the animals have become emaciated as a result of lack of grass and also persisting raids. At Nadunget Market in Moroto …

Gulu, Uganda | THE INEPENDENT | Women groups in Northern Uganda have stepped u the use of pork lard as one of the raw materials for making laundry soap to get an extra income. With the price of laundry soap increasing, the women say the homemade soap has also helped …

So far Flying Squad has arrested two suspects in connection to the Spice Supermarket raid Mukono, Uganda | THE INDEPENDENT | Last week, the Director of Operations Uganda Police, Edward Ochom, ordered police officers to shoot suspected robbers on sight. His utterances come after armed robbers raided Spice Supermarket in …

Kenyans facing a food crisis has risen to 4.1 million Nairobi, Kenya | Xinhua | Kenya on Friday announced the removal of duty on imported maize in a bid to boost food security in the light of a prolonged dry spell and household inflationary pressure. The government spokesperson Cyrus Oguna said …