Wednesday , November 13 2024

Business

Business news

Entebbe Expressway monies to help sort China loan

Entebbe, Uganda | THE INDEPENDENT | Payment of user toll fees has started at the Kampala-Entebbe Expressway. Works and Transport Minister Gen. Edward Katumba Wamala who launched the commencement of toll collections at Kajjansi said the collections will be used to maintain and repay a $350 million loan that Uganda …

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Police pick up 30 in Northern Bypass crime crackdown

Kampala, Uganda | THE INDEPENDENT | The Police have arrested 30 people, suspected to be members of a gang that has been terrorizing motorists and pedestrians along the Kampala Northern bypass. They were netted in a joint operation conducted by police officers from Kira-Road, Kawempe, and Wandegeya Police stations, under …

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KCCA steps up operations to evict street vendors

Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA enforcement officers have this week intensifed operations to get vendors off the streets. The enforcement teams are being assisted by a group of youth donning reflector jackets with inscriptions, ‘Smart City’, that have however been accused of brutality by the …

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Government data shows Indian economy to grow 9.2%

New Delhi, India | Xinhua |  Indian economy is estimated to grow at 9.2 percent in the current financial year 2021-22, compared to a contraction of 7.3 percent in the previous year, government data showed on Friday. The increase is attributed mainly to the better performance of the agricultural and …

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Kenya cuts electricity costs by 15%

  Nairobi, Kenya | Xinhua | Kenya’s Ministry of Energy on Friday announced a 15 percent reduction in power costs in the east African nation, handing relief to thousands of homes and industries burdened by high cost of living and production The ministry in a statement released in the capital …

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Equity Leaders Programme launched with 123 top performers

  Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda has officially launched the Equity Leaders Program (ELP) by admitting its first cohort of 123 top performing scholars from the 43 Districts where the bank has a branch presence. The launch of the Equity Leaders Program, a mentorship and leadership …

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