Thursday , November 14 2024

Business

Business news

EAC governments need budgets of survival and recovery

2021 EAC congress of accountants exposes economic integration opportunities Kampala, Uganda | JULIUS BUSINGE | Uganda on April 14-16, hosted the third East African Congress of Accountants to deliberate about economic integration issues. The congress that attracted about 1,000 participants both online and physical, was held at a time Ugandan …

Read More »

English clubs withdraw from European Super League

London, UK | THE INDEPENDENT & XINHUA |  A statement from Arsenal, stating they made a mistake, capped a dramatic day that saw all six English Premier League clubs withdrew from the European Super League on Tuesday. The proposed by 12 European top clubs collapsed in less than 48 hours. …

Read More »

Opening of Kasese central market pushed to next month

Kasese, Uganda | THE INDEPENDENT  |  Kasese Central Market will be occupied by traders next month.  The 16 Billion Shillings Market was supposed to be opened to traders last month after being commissioned by President Museveni in December. It is one of the several markets countrywide that was rebuilt under the …

Read More »

Inflation figures change after Ubos rebase statistics

Kampala, Uganda | THE INDEPENDENT  |  The Uganda Bureau of Statistics will now calculate the Consumer Price Index, CPI, (inflation) based on the year 2016/2017 from the previous calculations that were based on the year 2009/2010.  This following a rebasing exercise for the price indices to make sure the statistics provided …

Read More »

Kwania prepares for budget shortfall in FY 2021/2022

Kwania, Uganda | THE INDEPENDENT  |  Kwania district local government is most likely to experience a budget shortfall in the next F/Y 2021/2022. The council has come out with draft budget estimated at 24.5billion shillings, but in the last F/Y 2020/21, the council approved a budget of 28.6b billion shillings.   The 2020/21 …

Read More »

Inside the Kenya-Uganda trade talks

Access to Kenyan market still a pain for Ugandan traders Kampala, Uganda | ISAAC KHISA | Ugandan traders had high hopes when Betty Maina, Kenya’s Cabinet Secretary for Industrialization, Trade and Enterprise Development visited Uganda on a recent weeklong bilateral visit. The local traders hoped that the key issues that …

Read More »