Business

The restoration of the plane will cost more than 3 billion U.S. dollars. Kiev, Ukraine | Xinhua | Russian forces have destroyed Ukraine’s flagman aircraft An-225 Mriya, the world’s biggest cargo plane, Ukraine’s state defense conglomerate Ukroboronprom said Sunday on Telegram. The aircraft was destroyed in an attack by Russian …

Kampala, Uganda | THE INDEPENDENT | The Uganda Veterinary Association (UVA) has asked government to give them a greater role in the regulation of veterinary drugs to help stop a flood of fake products in the country. They have demanded that government brings back the regulation of veterinary drugs to the Ministry …

Kampala, Uganda | RONALD MUSOKE | As the construction phase of the L. Albert Oil Development Project gathers pace, focus has now turned to how best local entrepreneurs in the agriculture and housing sectors can maximise opportunities the oil industry is attracting into Uganda.  Two studies were launched on Feb. …

BoU says 2022 economic outlook is more positive than earlier projected Kampala, Uganda | JULIUS BUSINGE | There is good news from Bank of Uganda indicating a big rebound in economic growth in 2021, meaning Ugandans got more money in their pockets to buy goods and services. In its monetary …

There is more of expanding markets than harmonization, experts say Kampala, Uganda | JULIUS BUSINGE | The East African member states have been urged to tangibly manage debt and harmonise tax regimes to support growth of the East African Community. Speaking at a dialogue, on Feb.11 held in Kampala, under …

Queen Elizabeth National Park sees new rise in local tourists Kasese, Uganda | THE INDEPENDENT | Queen Elizabeth National Park is reporting a surge in the number of domestic tourists since the lifting of the COVID-19 lockdown restrictions in Uganda. The sector was badly hit by both local and international …

Kinshasa, DRC | Xinhua | The Democratic Republic of the Congo (DRC) signed late Sunday multiple cooperation agreements with Turkey following a meeting between the two heads of state here. The signing ceremony was held on the sidelines of Turkish President Recep Tayyip Erdogan’s 48-hour official visit to the DRC …

Up to 342 Ugandans were stabbed in 2020, according to Criminal Investigations Directorate (CID), statistics Kampala, Uganda | THE INDEPENDENT | Ugandan security will confiscate and arrest any person who will be found vending sharp objects like knives, hoes and pangas in a bid to prevent street mugging and stabbing. The …

Kampala, Uganda | THE INDEPENDENT | Government’s plan to reduce Boda Bodas operating in the Central Business District in Kampala has prompted riders to organize themselves in order to retain their work spaces. In July 2020, Kampala Capital City Authority-KCCA published a list of 579 stages that Cabinet had approved …

  Kampala, Uganda | THE INDEPENDENT | Telecom firm, Airtel concluded its three month countrywide Airtel Money-After-Money Promotion on Feb. 18 with customers and agents winning Shs 1.5bn in cash prizes. The promotion saw Airtel customers and agents transact and win daily, weekly and monthly cash prizes countrywide. Airtel Uganda …