Tuesday , February 11 2025

Business

Business news

Ballore wins logistics contract for EACOP

  Local firms in Uganda and Tanzania will be subcontracted to offer support | THE INDEPENDENT | French firm, Ballore Transport and Logistics, will be the Main Logistics Contractor (MLC) for the East African Crude Oil Pipeline (EACOP) project head of oil production in 2025. The firm said on May.09 …

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BANKING: BOU warns of Ukraine threat on economy

Nine out of the 26 commercial banks register a decline in profits in 2021 Kampala, Uganda | THE INDEPENDENT | Nine out of the 26 registered commercial banks in Uganda registered a decline in profits in 2021, compared to the previous year. Over the same period, eight banks registered a …

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Businessman shot dead in Jinja

Jinja, Uganda | THE INDEPENDENT | Police in the Kiira region is investing circumstances under which, a Jinja-based businessman Shaban Malore was shot dead on Saturday night. Malore is reported to have been shot dead by two attackers who were riding on a numberless motorcycle. He had just arrived at …

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