Thursday , November 14 2024

Business

Business news

CSBAG wants rollout of Parish Development Model halted

  Kampala, Uganda | THE INDEPENDENT | The Civil Society Budget Advocacy Group – CSBAG has called for the halting of the nationwide roll-out of the Parish Development Model, saying that the country is not ready to implement the project. Last year, Uganda’s Cabinet approved the implementation of the Parish …

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Government advised to regulate fuel industry

Jinja, Uganda | THE INDEPENDENT | Members of Parliament on the trade, industries and tourism committee want the government to enact laws that will foster consumer protection within the fuel industry. While inspecting the oil reserves on Friday in Jinja City, the MPs said that there was hoarding of fuel …

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PM Nabbanja suspends Malaba weigh bridge operations

  Malaba, Uganda | THE INDEPENDENT | Prime Minister Robinah Nabbanja has suspended the operations of the weighbridge at the Kenya Uganda Malaba border to help to reduce the pile-up of trucks at the border. The Prime Minister made an impromptu visit at the Malaba border on a fact-finding mission …

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Security foils revenge attacks in Apaa feud

Gulu, Uganda | THE INDEPENDENT | Security personnel on Thursday evening foiled a revenge attack on locals in Zoka Trading center in the disputed Apaa Township in Adjumani District. This comes just a day after a tribal clash in Ngoro village, Itirikwa Sub-county left one dead, two others injured and …

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Gov’t treasury bills, bonds fetch Sh12 trillion

Kampala, Uganda | THE INDEPENDENT | The Bank of Uganda (BOU) has mobilized sh12 trillion through the Primary Dealer Market Makers in the treasury bills and bonds over the year ended December 2021. Another 1.4 trillion shillings was transacted during the same period through private placements, (as opposed to the …

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Uganda ready for return of tourists

Museveni Appeals To Tourists To Return After COVID-19 Disaster Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has made an appeal to the international community to embrace Uganda as a tourist destination again, after two years of low business. Launching a new Destination Uganda campaign, Museveni said that …

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Fuel truck catches fire in Mbale, one dead

Tororo, Uganda | THE INDEPENDENT | One person died and four others were injured after a fuel truck caught fire in Mbale District. The accident occurred at mile 6 along Mbale- Tororo Road on Friday afternoon. According to eyewitnesses, a Boda Boda rider who was from Stabex Fuel Station entered …

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Re-opening the economy: What it means for startups

Kampala, Uganda | THE INDEPENDENT |  While addressing the nation on December 30, 2021, President Yoweri Museveni lifted the two-year lockdown and fully opened all the sector of the economy. With most of the business returning to normal operations this month, start-ups within the education, creative and transport sectors received …

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