Thursday , November 14 2024

Business

Business news

LIVE: MP Lugoloobi will read Uganda’s budget 2021

➡ Budget 2021/22 shs44.7 trillion ➡ domestic revenue 76.7% ➡ external revenue 23.3% ➡Domestic revenue, Shs.22,425 bn. ➡Domestic borrowing,Shs.2,943 bn ➡Petroleum Fund, Shs.200 bn. ➡Budget support, Shs.3,583 bn. ➡External financing for projects,Shs.6,868 bn. ➡Appropriation in Aid,Shs.212.4 bn. ➡Domestic debt refinancing,Shs 8,547bn. Kampala, Uganda | THE INDEPENDENT & PARLIMENT MEDIA | …

Read More »

COVID-19: Bus fares hiked as many leave Kampala

Kampala, Uganda | THE INDEPENDENT | Long-distance bus fares have doubled as people flock the bus stations to travel upcountry. This follows the Sunday night announcement by President Yoweri Museveni, of new COVID-19 containment measures. The president said passenger transport between or through districts would be banned starting June 10 – …

Read More »

COVID-19: Over 20 shops in Tororo closed for flouting SOPs

Tororo, Uganda | THE INDEPENDENT | The Tororo district COVID-19 Taskforce has closed over 20 shops in Tororo town for flouting the Standard Operating Procedures-SOPs meant to contain the spread of COVID-19. The district task force closed the shops on Monday afternoon in an operation to crack down on businesses flouting …

Read More »

Transport fares hiked, students stranded

Mukono, Uganda | THE INDEPENDENT | Several students from schools in Mukono district are stranded due to lack of transport following the abrupt closure of schools to contain the second wave of the COVID-19 pandemic. Our reporter found Clair Nansimbe one of the students at Paul Mukasa Secondary school stuck …

Read More »