Masaka, Uganda | THE INDEPENDENT | Nyendo Township Market in Masaka city, is struggling to attract vendors four years after it was commissioned. President Yoweri Kaguta Museveni, in April 2017 commissioned the market which was constructed at 13 billion Shillings obtained from the Arab Bank for Economic Development in Africa (BADEA). The …
Read More »SMEs should open up to financial service providers to beat COVID-19
Samuel Ocanya is the head of financial inclusion at Letshego Uganda, a microfinance company that offers SME, mortgage and education loans among other lending products. He spoke to Julius Businge on how small and medium enterprises can overcome the COVID-19 crisis. Most businesses have reported a drop in revenue and …
Read More »Construction Of EA crude oil pipeline to begin from Tanzanian side
Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has reiterated that no construction project in the oil and gas industry will take place until all affected persons have been compensated or resettled. This comes after the governments of Uganda and Tanzania and the oil and gas …
Read More »Is it time to invest in gold?
The conditions created by Covid-19 seem perfect for the price of gold to rise. Is gold now the best investment asset available? | MUSHTAK PARKER | These are challenging times for everyone as we enter the second year of a pernicious Covid-19 pandemic. There is a general consensus that the …
Read More »Gulu district approves rehabilitation of 74.1 kilometres of roads
Gulu, Uganda | THE INDEPENDENT | Gulu District Local Government has approved the rehabilitation of 74.1 kilometres of roads worth 10 Billion Shillings. Patrick Kinyera, the Gulu District Secretary for Works and Technical Services says that the rehabilitation will close the gaps of maintenance of the roads in the District. The …
Read More »Gov’t tables UGX 41.2 trillion budget for 2021/2022
Kampala, Uganda | THE INDEPENDENT | The Minister of finance Matia Kasaija has tabled a budget of 41.2 trillion shillings for the next financial year 2021/2022. The proposed budget is 4.3 trillion shillings less than last year’s budget. According to the proposed budget tabled before the parliament’s budget committee by the …
Read More »Karuma, Isimba dam dividends to communities
Local leadership share impact as they push for more support Kampala, Uganda | JULIUS BUSINGE | It is 02:00pm on Thursday April 08, 2021, a pupil at the government aided, Amaji Primary School, Oyamu district is resting on the floor where her bed is laid. The dormitory is congested, poorly …
Read More »Court clears NFA to auction 492 bags of impounded charcoal
Gulu, Uganda | THE INDEPENDENT | Court has finally cleared the National Forestry Authority (NFA) to auction 492 bags of charcoal that were impounded during a crackdown on illegal charcoal dealers. The charcoal bags were impounded from Amuru and Gulu districts during an operation against illegal charcoal dealers in Acholi Sub …
Read More »New continental digital address platform unveiled to ease services, trade
Kampala, Uganda | THE INDEPENDENT | A continental digital address platform has been unveiled to purposely ease the location problems associated with the least developed countries. Known as the Africa Digital Address System, ADAS, the platform developed by a Ugandan based tech startup seeks to combat the challenges of providing services …
Read More »NUP opposes giving free land for Akon’s futuristic city
Kampala, Uganda | THE INDEPENDENT | The National Unity Platform-NUP political party has opposed a plan by the government to allocate one Square mile of land for the construction of a futuristic city by R&B American artiste Aliaume Damala Badara Thiam commonly known as Akon. Last week, Akon together with his …
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