Business

   Retirement benefits sector marks improved efficiency, reduced operational costs Kampala, Uganda | THE INDEPENDENT | The retirements benefits sector is set to get a boost of close to 400,000 new members once the proposed Public Service Pension Scheme starts operating. The Uganda Retirement Benefits Regulatory Authority (URBRA) is optimistic the …

Kampala, Uganda | Khisa Isaac | Milk consumption in Uganda still remains low as compared with the world recommended level, according to the Dairy Development Authority data. The industry regulator’s data shows that although milk production in the country has increased from 2.08 billion litres in 2015 to about 2.5 billion in …

Nairobi, Kenya | XINHUA | The African Union (AU) is planning to put in place a guarantee scheme for micro, small and medium-sized enterprises (MSME) to speed up the continent’s economic transformation, an official said on Wednesday. Amine Idriss Adoume, director in charge of delivery program and coordination at the …

Kampala, Uganda | Julius Businge | Top executives at Uganda Manufacturers Association are yet to decide on the fate of this year’s Uganda International Trade Fair as the government of Uganda continues to discourage social gatherings that might fuel the spread of COVID-19 pandemic. In a telephone interview with The Independent …

Gulu, Uganda | THE INDEPENDENT | Controversial Gulu businesswoman Harriet Aber has been found dead in her bed. Aber who was in her early 40’s and has been cited in land grabbing cases was on Wednesday morning found dead reportedly by her children in her residence in Kasubi Sub Ward …

Bukedea, Uganda |  THE INDEPENDENT | Bukedea authorities have turned away more than 200 traders of non- food items from Bukedea main market. A team of police officers and Local Defense Unit- LDU staged at the entrance of the weekly market on Monday morning and turned away traders who had traveled …

Kampala, Uganda |  THE INDEPENDENT | The East African Community integration project will emerge bruised but push ahead when the coronavirus pandemic is finally controlled despite contradictions at the moment pitting one partner state over the other, watchers have said. This comes after several bust-ups among the states, the latest being …

Kampala,  Uganda |  THE INDEPENDENT | Uganda’s tea earnings have rebounded from a slight slump in March which was occasioned by the coronavirus pandemic lockdown that saw the Mombasa tea auction house temporarily shut. According to official government figures, tea sellers earned more money in April, May, and June 2020, an …

Kalangala,  Uganda |  THE INDEPENDENT | Service providers in the hospitality industry in Kalangala district have slashed their costs to attract local tourists. There are over 100 hotels, inns and lodges spread on various islands in Kalangala district.  However, majority of the facilities are on Bugala and Bukasa island to their …

Arua,  Uganda |  THE INDEPENDENT | Electromax Tororo has delivered four additional generators to Arua, bringing to eight the number of generators in the district. The four generators with the capacity of producing one Megawatt each were delivered to Arua from Tororo over the weekend.  According to reports, 1 million litres …