Wednesday , November 13 2024

Business

Business news

Umeme moves to protect Gulu city ecosystem

  Gulu, Uganda | THE INDEPENDENT | In a bid to support the green agenda, Umeme in partnership with Gulu City have launched a tree planting drive aimed at promoting environmental sustainability and effects of climate change. The company will plant 200 Tabebuia chrysotricha (pink trumpet) trees along Ring Road as …

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Ugandan politician, 8 companies cited in Pandora Papers

London, UK | THE INDEPENDENT | At least one politician and eight companies whose beneficial owners are in Uganda have been cited in the Pandora Papers released today by the International Consortium of Investigative Journalists-ICIJ. Journalists from across the world including Uganda reviewed 11.9 million records from 14 different offshore …

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Uganda to open shelter for stranded girls in UAE

Dubai, UAE | THE INDEPENDENT | President Yoweri Museveni has said that the government of Uganda is to open a shelter in the United Arab Emirates-UAE to shelter girls that get stranded in that country after being trafficked. Museveni made the pronouncement after discussions with the executive leaders of Ugandans …

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NWSC issues amnesty to water thieves

  Kampala, Uganda | THE INDEPENDENT | The Managing Director of National Water and Sewerage Corporation (NWSC), Eng. Silver Mugisha has revealed that the corporation loses about Shs5bn in water theft monthly, warning that the vice is affecting provision of services to other Ugandans. He made the revelation today at …

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CNOOC still consulting before decision on Lake Albert FID

Hoima, Uganda | THE INDEPENDENT | Uganda’s Lake Albert oil project may not receive a final investment decision (FID) from China National Offshore Oil Corporation as early as earlier anticipated. Its joint Venture Partner, Totalenergies has started developing the site for the Tilenga project. CNOOC has not awarded any contract …

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