Business

Busia, Uganda | THE INDEPENDENT |  The Busia Deputy Resident District Commissioner Mathew Tusubira has halted the distribution of fish fingerlings to farmers over poor quality. Busia district on Monday received 5,000 tilapia and catfish fingerlings worth 100.2 million Shillings to benefit 24 fish farmers under the Operation Wealth Creation-OWC program. …

More funding, capitalisation of the bank coupled with increase in loan disbursements supported the growth in 2020 Kampala, Uganda | JULIUS BUSINGE | Uganda Development Bank Limited has realised a profit after tax for the year 2020 of Shs22bn, representing a 118% growth from Shs10.4bn reported in 2019 amidst the …

Kampala, Uganda | THE INDEPENDENT |  Kampala Capital City Authority (KCCA) has issued a route chart for taxis to operate in the newly renovated Old Taxi Park. The chart given to taxi operators during a closed door meeting with Authority officials has a total of 27 stages whose taxis ply the …

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund has a mixed picture in its performance over the nine months ending March 202, compared to the same period ending March 2020. This is largely due to the effects of the COVID-19 pandemic, as well as the changes in the …

  NRM MANIFESTO WEEK | To promote the establishment of mini-industries at zonal or sub-county level, the Ministry of Trade, Industry and Coorperatives  through the Rural Industrial Development Programme (RIDP), sixty three (63) enterprises with a focus on the following value chains: milk, coffee, maize, sim sim, wood and wood products, …

Lamwo, Uganda | THE INDEPENDENT |  Police in Lamwo have handed over 853 pieces of impounded timber to the National Forestry Authority (NFA). The Lamwo District police Commander Robert Kachumu says the consignment was part of the timber that was impounded during separate crackdowns mounted by the environmental police and officials …

  NRM MANIFESTO WEEK |  Tourism is making a significant contribution to Uganda’s Vision 2040 of transforming Uganda into a middle-income country. It has become a transformative force propelling and fueling economic growth of the country. Tourism has become an invaluable unifying force, bringing together people of different nationalities, religions, regions …

Kampala, Uganda | THE INDEPENDENT |  The lack of harmonized messages has triggered controversy among communities that are awaiting compensation from the East African Crude Oil Pipeline-EACOP project in the affected districts of the greater Masaka sub-region.  Lwengo, Sembabule, Kyotera, and Rakai districts are part of the ten districts through which …

  Agago, Uganda | THE INDEPENDENT | Uganda Baati Limited (UBL) officially handed over its first CSR project of 2021, a renovated health center ward in Agago a district in the northern part of Uganda 500Kms away from the capital city, Kampala. The project was handed over by the Business Head, George …

    NRM MANIFESTO WEEK |  The Ministry of Trade implemented the manifesto commitment of continuing fast-tracking the East African Community (EAC) economic and political integration in line with the vision of having a single monetary union and achieving political federation of all the EAC member states. Economic integration was deepened …