Business

Amudat, Uganda |  THE INDEPENDENT | Pokot pastoralists in Amudat district are frustrated by the rampant death of livestock due to tick-borne diseases. Over 200 cattle have died in the past three months. Paul Aramtori, a pastoralist from Loro sub-county told URN that he has lost eight of his livestock in …

Kampala, Uganda |  THE INDEPENDENT | The power distribution company, Umeme Ltd, is hopeful that the electricity connection policy suspended earlier this month could be restored between June 2021 and June 2022, but this will depend on the success of the current efforts to get funding. The free connection policy, launched …

  This year, 2020 has seen the advertising world change quite a number of things. Indeed, business has not been as usual COMMENT | FRANK MUTHUSI  |  What should we say? How should we say it? When should we say it? Which channels should we use to say it? These are …

Karamoja, Uganda |  THE INDEPENDENT | The biting poverty in Karamoja region has compelled the beneficiaries of the improved housing project under the Office of the Prime Minister in Karamoja to rent out the houses allocated to them to earn a living. The families have now returned to the traditional grass-thatched …

How coronavirus turned Uganda’s economy upside down Kampala, Uganda | JULIUS BUSINGE | 2020 has been a bad year for the economy. Growth opportunities have been hampered by the spread of COVID-19 and nationwide lockdown measures which led to closure of businesses and general decline in demand for goods. Jobs …

The real impact of COVID-19 pandemic on banks will be seen in the second or third quarter of next year Kampala, Uganda | ISAAC KHISA | Ugandan commercial banks may believe that they are headed for recovery amid the novel coronavirus pandemic but the headwinds are still big, said Tumubweine …

Kwania, Uganda |  THE INDEPENDENT | About 15 kilometers from Aduku, along Ikwera to Nambieso Sub County road, lies Ogwang-med-mac farm owned by Patrick Ogwang, a former office attendant, now model farmer. Ogwang, who in the past worked as an office attendant in the office of the LC3 Chairman of Chawente …

Lira, Uganda |  THE INDEPENDENT | A total of 88 herds of cattle and 104 goats have been slaughtered on Christmas day at Lira Main Abattoir in Lira City.  The slaughtering was carried out between 5 to 9am thus causing congestion at the abattoir where many people flocked to purchase a …

  Equity Becomes the first bank in Eastern and Central Africa to achieve the trillion-shilling balance sheet milestone after migrating Banque Commercial Du Congo (BCDC) to Equity’s core banking platform Nairobi, Kenya | THE INDEPENDENT |  Equity Group has crossed the Ksh.1 trillion rubicon (UgSh33 trillion), becoming the first bank in …

Lira, Uganda |  THE INDEPENDENT |  Hundreds of people in Lira City ignored the Standard Operating Procedures- SOPs as they went about on Thursday to shop for Christmas. With just hours to Christmas, several people flocking markets and shops to purchase mostly food for Christmas.   However, most of the shoppers …