Business

Kampala, Uganda | THE INDEPENDENT |  The partners in the oil and gas industry in Uganda intend to supply solar energy to power the East African Crude Oil Pipeline in transporting crude from Hoima in western Uganda to Tanzania’s Tanga Port. The energy will be used at the six pump stations …

Kampala, Uganda | THE INDEPENDENT |  Buganda Kingdom has asked President Yoweri Museveni to ensure the return of all kingdom properties in his new five-year term. This comes ahead of Museveni’s swearing-in ceremony on Wednesday.  The president-elect secured a sixth term in the 14th January 2021 general election in which he …

  Kampala, Uganda | THE INDEPENDENT | Security has announced that the John Babiiha Avenue will be closed off during the swearing in day of President Yoweri Kaguta Museveni. Museveni will be swearing in for his sixth elective term at Kololo airstrip on May 12th. Traffic police commander for Kampala …

Appreciation was mainly driven by inflows from offshore investors, NGOs, coffee export receipts and non-financial institutions amidst demand from oil Kampala, Uganda | THE INDEPENDENT | Uganda Shillings current strength against the United States Dollar is causing discomfort within the business community, considering how it might boost or affect their operations. The Uganda …

Kampala, Uganda | THE INDEPENDENT | Government plans to collect 22.63 trillion Shillings with over 20.83 trillion coming from tax revenue in the coming financial year 2021/2022. This is to help finance the 44.77 trillion Shillings budget passed by parliament. The approved budget is a decrease by 714.9 billion (1.6 percent) compared …

NRM MANIFESTO WEEK | Land is a crucial factor in Uganda’s development agenda. This calls for stability and security of land tenure system. And, the Ministry of Land, Housing and Urban Development is live to this fact since it has been working hard to create an enabling environment to enable …

Lamwo, Uganda | THE INDEPENDENT |  Over 1,000 bags of charcoal were destroyed on Thursday and six suspects arrested in crackdown against illegal loggers that was intensified in Got Kwa parish, Lokung East Sub County in Lamwo district.   The operation follows concerns raised by the local population over the indiscriminate cutting …

Kampala, Uganda | THE INDEPENDENT |  Parliament has approved the amendment of the National Medical Stores-NMS and National Drug Authority-NDA acts.  This follows Parliament’s adoption of the Public Accounts Committee- PAC Central Government report on the findings of the Auditor-General on the Health Sector for the financial years 2016/2017 to 2019/2020.  In …

Kampala, Uganda | THE INDEPENDENT | Parliament has recommended that National Medical Stores-NMS should face competition with other players in the field. Legislators this Thursday afternoon approved parliament’s Public Accounts Committee- PAC, report carrying a recommendation that the monopoly of National Medical Stores be stopped. The report on the findings of …

Kampala, Uganda | THE INDEPENDENT & URN | National Medical Stores (NMS) has hit back at accusations of improper conduct leveled against them by parliament, arguing that they are not backed by facts. NMS said it was particularly alarmed by concerns by Members of Parliament (MPs) that the institution is not using …