Business

  Xining, China | Xinhua | After one year of operation, China’s first ultra high-voltage (UHV) power superhighway for transmitting clean energy delivered 13.1 billion kWh of power from the Qinghai-Tibet Plateau, abundant in energy resources, to densely populated Henan in central China, according to State Grid’s Qinghai branch. As …

Kampala, Uganda | THE INDEPENDENT | The High Court has quashed an agreement reached between the Institute of Certified Public Accounts of Uganda -ICPAU and Budadiri West MP Nathan Nandala Mafabi in which ICAPU considered his application for a practicing certificate and his name included on the new council members. …

Kampala, Uganda | THE INDEPENDENT | Experts believe Uganda could benefit from the East African Region “economic war” between the two local giants, Kenya and Tanzania. A fight for Uganda’s cargo has emerged in the past two years, with Kampala seeking to take advantage of the war, by tabling new conditions. Apart …

Kampala, Uganda | THE INDEPENDENT | The Civil Division of the High court in Kampala has dismissed an application by a section of vendors from Nakasero market seeking orders to throw Kampala Capital City Authority-KCCA out of the market management. The vendors organized under Nakasero Market Sitting Vendors and Traders Limited …

    Kampala, Uganda | THE INDEPENDENT | The government has signed a contract with a Russian Company to provide digital trackers to all vehicles in the country. At a ceremony held on Friday at the Office of the President in Kampala, Waiswa Bageya the Permanent Secretary in the Ministry …

Global insurer, Prudential, has become the country’s largest life insurer following the acquisition of IAA Air Ambulance Healthcare, a Health Membership Organisation, at undisclosed consideration. Kampala, Uganda | ISAAC KHISA | Prudential Life Assurance Uganda Ltd entered the Ugandan market in 2015 through the acquisition of Goldstar Life Assurance, and …

  Valletta, Malta | Xinhua | Global oil demand is rising following an accelerated vaccination campaign and an economic recovery, pushing oil prices to two-and-a-half-year highs amid an output deficit. Although an agreement for more output reached among the Organization of the Petroleum Exporting Countries (OPEC) and its allies on July …

Kampala, Uganda | ISAAC KHISA | Long before the outbreak of coronavirus, one thing that most local travelers never spent time on was to buy a travel insurance cover. Planning and making arrangements for visas, flights and accommodations, researching tourist’s attractions and perhaps buying new clothes was all they needed. Little …

Kampala, Uganda | THE INDEPENDENT | The Uganda Investment Authority, UIA, has intervened to promote the herbal treatment solution Covidex, an innovation by Mbarara University of Science and Technology Professor, Patrick Engeu Ogwang. Ogwang caught the eye of the public, the government and the international community last month following testimonies about …

  The taxman is optimistic about future performance Kampala, Uganda | JULIUS BUSINGE | The Commissioner General for Uganda Revenue Authority, John Rujoki Musinguzi, has an uphill task of collecting taxes from businesses and individuals that continue to face the COVID-19 pandemic hit. His supervisors at the Ministry of Finance …