Thursday , November 14 2024

Business

Business news

GCC Services wins camp contract for major Uganda Oil Project

Agility unit will provide upstream camp support for Total Energies’ Tilenga project Dubai, United Arab Emirates | THE INDEPENDENT | GCC Services, a leader in integrated remote site services, has been selected by international engineering and construction giant McDermott  to provide camp services for the Tilenga Project Upstream Facilities in …

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How has the fuel crisis affected transport companies?

BUSINESS FEATURE | THE INDEPENDENT |  Rising fuel prices typically force businesses in the transport and logistics industry to either raise prices for their services or suffer a financial loss. If the prices continue to increase, the trucking companies, couriers, and packaging material providers will have no option but to increase …

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Bancassurance: Banks earn Shs12bn as commission

Insurance brokers will need to evolve on how to engage, advise and on-board customers Kampala, Uganda | ISAAC KHISA | Uganda’s commercial banks earned Shs12bn in commission as insurance agents for nine months to September 30, 2021, underscoring the significance of banscassurance as a new revenue stream for financial institutions. …

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Christopher Columbus Sembuya: Uganda’s indigenous industrialist dies at 86

OBITUARY | Ronald Musoke | Christopher Columbus Sembuya, the remaining founder of Sembule Group of Companies, one of Uganda’s indigenous companies renowned in its prime years for making radio and television sets, “landline” telephones and even street lights passed away quietly in Kampala Hospital on Jan.11. But, in perhaps a …

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Who will replace Mutebile?

Kampala, Uganda | THE INDEPENDENT | There is no doubt that the fallen Bank of Uganda Governor Emmanuel Tumusiime Mutebile was an iconic figure, having spent at least 30-years as a top economic and financial technocrat of the government of Uganda. For this, his replacement is poised to raise interest and excitement …

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KCCA to redistribute dormant market stalls and lockups

  Kampala, Uganda | THE INDEPENDENT | All dormant stalls and lock-ups in public markets across Kampala will be reallocated to persons in search of working space, the Minister in Charge of Kampala and Metropolitan Affairs Minsa Kabanda has said. The pronouncement was made after an assessment on the status …

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SCHOOL FEES: Many men in trouble after lockdown

Several Men Reported for Failing To Pay School Fees for Their Children Luwero, Uganda | THE INDEPENDENT | The District Probation Office in Luwero has so far recorded 25 cases of men reported by their wives and partners, for failing to pay school fees for their offspring’s. The cases came up …

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