Business

Kampala, Uganda | THE INDEPENDENT | Naguru Hospital is in the process of transforming to become a national referral hospital that will specialize in handling trauma and emergency services. But there’s no plan yet for expanding in terms of space. Even at its level as a general hospital now, the …

Tororo, Uganda | THE INDEPENDENT | Nixon Owole the Tororo Resident District Commissioner has ordered the municipal council authorities to halt the ongoing allocation of space to vendors in the new market. According to Owole, his office and that of the District Police Commander have received several reports and complaints from market …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Economic monitoring Peter Ogwang has said they will carry out an audit on all Government loans to assess their performance and progress. According to Ogwang, the Audit will be conducted to assess the number of loans in the country, …

Kampala, Uganda | THE INDEPENDENT | The National Drug Authority has impounded drugs worth sh46 million from 22 outlets within Kampala. The drugs were got during a 12-day enforcement operation after NDA were tipped off that some pharmacies and drug shops were operating without valid licenses. The operation also targeted …

Sembabule, Uganda | THE INDEPENDENT | Police in Sembabule district are investigating an incident in which a prominent bar owner whom they were chasing fell down and died. The police were chasing Didas Mayinja Sseruyange, the proprietor of Mayinja Pub, in Kawanga trading centre, Mabindo sub-county while enforcing the COVID-19 directives …

Kampala, Uganda | THE INDEPENDENT & URN | The proprietor of Hotel Africana Dr Haji Muwanga Bulaimu Kibirige, popularly known as BMK, has today died after battling cancer for long. He is an icon of Uganda indigenous enterprise. Who is BMK? At 68, BMK succumbed to cancer of the prostate first …

New policies will no doubt deter tourism arrivals and further dampen appetite for travel in an environment that is now more expensive due to added cost of COVID tests COMMENT | DEREK NSEKO | News that the Uganda parliament has okayed a $10 tax on outbound passengers from Uganda comes as …

Kampala, Uganda | THE INDEPENDENT | Kenya has again appealed to Uganda for a joint strategy on accessing the European market through the stalled EU/EAC Economic Partnership Agreement (EPA). Kenya also wants to partner with Uganda in negotiating a trade deal with the US as the the AGOA, the American Growth …

Can he achieve it when the economy is still grappling with COVID-19? Kampala, Uganda | THE INDEPENDENT | Ramathan Ggoobi, the new Permanent Secretary at the Ministry of Finance/ Secretary to the Treasury (PSST) is promising to design and improve on a number of policies to achieve an all-inclusive economy. …

Orient Bank’s acquisition in Uganda expands its balance sheet by Shs753 billion Kampala, Uganda | ISAAC KHISA | Regional lender, I&M Group PLC has recorded 33% growth in profit after tax to Shs134.6billion for 2021 half year period ended June.30. Its net interest income grew by 28% to Shs 285.2 …