Business

Jerusalem, Israel | Xinhua | Israel’s Ministry of Transport and Road Safety announced on Wednesday the country’s first certification for unmanned aircraft vehicles (UAVs) to operate in civilian airspace. The certification was issued by the Israeli Civil Aviation Authority (CAA) to the Hermes Starliner unmanned system, which was developed and …

Kampala, Uganda | THE INDEPENDENT | Deputy Bank of Uganda Governor Dr. Michael Atingi-Ego has been named among the high-level panelists to headline Stanbic Bank’s annual Economic Outlook Forum slated for tomorrow at Kampala Serena Hotel. Held annually, this year’s forum will run under the theme “Uganda- A Tale of resilience …

The country hopes to earn US$1.862billion next financial year Kampala, Uganda | THE INDEPENDENT | Uganda Tourism Board has launched a six-month promotion campaign to further market destination Uganda to increase sector receipts as the world emerges from COVID-19 restrictions. UTB Chief Executive Officer, Lilly Ajarova, said on Jan.15 that the …

Brussels, Belgium | Xinhua | Weaker economic activity in the Eurozone during the first months of the year will give way to a rebound in the second quarter as the Omicron variant proves milder and governments become wary of imposing strict restrictions, said a Dutch banking company expert. However, higher inflation, …

The taxman recorded Shs900bn short fall in the first six months of FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Uganda’s taxman failed to hit its revenue target collections for the first six months of this fiscal year but hopes to record improvements in the remaining period. Latest statistics from Uganda …

  Kampala, Uganda | THE INDEPENDENT | The Uganda government has been commended for supporting recovery of business activities but more efforts needs to be done to have meaningful impact to the micro and small scale entrepreneurs, according to Joanita Nassuna, the Program Associate in charge of women and economic justice …

Kyenjojo , Uganda | THE INDEPENDENT | The Minister for Tourism, Wildlife and Antiquities, Tom Butiime has opened a first ever Coffee Lodge in the country at the “Clarke farm” in Kasaba sub county, Kyenjojo district. During the launch on Sunday, Butiime disclosed that the government has considered to have …

Kampala, Uganda | THE INDEPENDENT | Busega Market being constructed in Lubaga division is 99 % complete and Arab Contractors are soon expected to hand over the project. Ben Kumumanya, the Permanent Secretary of the Ministry of Local Government says the contractor has only one percent works remaining to complete …

  AVIATION DIGEST | JARED KALERA | Air travel has and will always remain a thrill for many. One of the reasons is due to the complexities associated with it, especially in preparation for travel. Of late air travel has evolved so much that it’s an assignment of it’s own due …

  Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority – KCCA has been sued for cancelling the process of procuring an entity to develop and operate street parking services in the city. KCCA is being sued by Urban Living Limited which is seeking $340, 000 (S1.1 Billion) in compensation …