Thursday , November 14 2024

Business

Business news

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 …

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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 …

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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 …

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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 …

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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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