Thursday , November 14 2024

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Business news

Lugazi municipality halts relocation of vendors to new market

Lugazi, Uganda | THE INDEPENDENT |  Lugazi municipality has halted the planned relocation of vendors to the newly built central market following protests by vendors over poor allocation of stalls.  The municipal authorities had planned to relocate the vendors on April 26, 2021. However, the vendors refused to move on grounds …

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Uganda clays returns to making profit

Kampala, Uganda | THE INDEPENDENT | Uganda Clays Ltd, Uganda’s oldest clay building materials manufacture, has returned to making profit despite a slight decline in revenues in year ended December 2020, according to the financial statements.  The company reports that profit after tax for the period increased by 5639% to Ushs 4.9 …

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URSB: Commercializing intellectual property while creating employment

LABOUR DAY 2021 🇺🇬  | As Uganda celebrates the International Labour Day on 1st May, the Uganda Registration Services Bureau (URSB) celebrates the Workers of Uganda for being the champions of our nation’s national development. At the national level, the theme earmarked for the International Labour day celebrations falls within …

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Uganda Red Cross Society unveils a 5-year strategic plan

Kampala, Uganda | Isaac Khisa | The national society will focus on financial and institutional sustainability, system coordination and service delivery Leading humanitarian organization, Uganda Red Cross Society, has unveiled a new five-year strategic plan 2021-2025 with key focus on financial and institutional sustainability, system coordination and service delivery. The plan is …

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NSSF unveils UGX 800 billion procurement plan

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund-NSSF has invited local suppliers to take up opportunities worth 826 Billion Shillings that it plans to spend on procurement for products and services in the year 2021/2022 financial year. The planned projects include real estate, which will take 779 billion …

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