Business

KCCA Director Revenue Collection, Sam Serunkuma says that they started collecting the fees on 1st January but have so far only collected about sh5 million Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has collected only about sh5 million in park user fees, more than a month since …

Elegu, Uganda | THE INDEPENDENT | Fire has razed down Elegu Market in Amuru District, at the Uganda-South Sudan border. Preliminary reports indicate the fire started at about 1 am on Monday before spreading across the entire market structures made of bamboo poles, timber, and iron sheets. Noah Katende, a …

Arusha, Tanzania | THE INDEPENDENT | The East African Community member-countries have agreed on the list of goods on which the countries will remove tariffs when trading with the rest of the continent, under the African Continental Free Trade Area (AfCFTA) in 10 years. The countries adopted the EAC Tariff …

Masaka, Uganda | THE INDEPENDENT | Local Council (LC5) Chairpersons of Lwengo, Kyotera, Rakai, Sembabule and Gomba districts have formed a coalition to push for government funding to monitor the oil pipeline activities and have uniform royalties like the districts of the Bunyoro region. The leaders including Ibrahim Kitatta, the …

Masaka, Uganda | THE INDEPENDENT | Operationalization of the newly created cities in Uganda is stirring bitter controversies as leaders of mother districts decline to support the new entities. In April 2020, the Uganda government elevated seven municipalities to city status in a phased process that will see more towns become …

Kampala, Uganda | THE INDEPENDENT | The Energy and Mineral Development Ministry wants a total ban on the metal scrap business across the country following the rampant vandalism of electricity infrastructure. Over the past five years, more than 200 pylons, as well as other valuable electricity infrastructure worth billions of …

Entebbe, Uganda | THE INDEPENDENT | Lawyer Michael Aboneka wants an explanation of the various services air bound passengers pay for as they pass through Entebbe International Airport. This stems from his complaint that he paid departure tax while exiting Entebbe Airport last year. “It is a parliamentary resolution, not a law. …

  Entebbe, Uganda | THE INDEPENDENT | The government has terminated the contract of the Chief Executive Officer-CEO of Uganda Airlines Cornwell Muleya and other top managers. Waiswa Bageya, the Permanent Secretary Ministry of Works and Transport says that the decision was taken on Friday by the interim board. The …

Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Mining and Minerals Bill, 2021 which will see the establishment of the Uganda National Mining Company which will manage the government’s commercial holding and participating interests in mineral agreements. The Bill that was passed on 17 February 2022 mandates the …

Dubai, United Arab Emirates | THE INDEPENDENT |  Standard Chartered Bank has reported its highest operating profit since 2015 in the Africa and Middle East region. It its financial results for the full year and fourth quarter ending 31 December 2021 released Thursday, Standard Chartered reported that operating profit grew to a …