Business

Kampala, Uganda | THE INDEPENDENT | Centenary have finally filled the top job at the bank by appointing Joseph Kiwanuka Balikuddembe as Executive Director. It is a reunion for him, and Centenary Bank that are Uganda’s leading commercial microfinance bank, as he started his banking career with them. Balikuddembe brings to …

Kampala, Uganda |  JULIUS BUSINGE  | Uganda will this month host the 3rd East African Congress of Accountants. The congress was supposed to be held last year in March but was suspended due to COVID-19 pandemic restrictions on gatherings.  “We have now assessed and it is possible to host the congress,” …

Kampala, Uganda |  THE INDEPENDENT  |  The Joint Medical Stores –JMS has lost medical equipment worth 7 Billion Shillings in a fire that gutted several warehouses.  On Friday, fire gutted warehouses belonging to Madhvani Group of Companies located at the 5th Street Industrial Area.   The fire is believed to have …

Kampala, Uganda |  THE INDEPENDENT  |  The African Institute for Energy Governance (AFIEGO) is demanding for the involvement of Ugandans in the negotiations on the East African Crude Oil Pipeline and the Tilenga oil projects in the Albertine region. The call comes as Ugandan and Tanzanian leaders and their technocrats …

Kanungu, Uganda |  THE INDEPENDENT  |  Sam Kibiribiri, a farmer from Kinaburimano village in Kihiihi Sub-county, Kanungu district has lost 15,000 fish in a suspected poisoning. The fish was found floating on top of the ponds on Thursday. Kibiribiri says that the four-month-old tilapia fish had cost him over five …

Kasese, Uganda |  THE INDEPENDENT  | Business in Mpondwe Town Council, Kasese District has been paralysed over the last two days as nationals of the Democratic Republic of Congo protested the presence of the United Nations peacekeeping mission in their country. The UN mission has more than 12,000 troops deployed, most …

Buliisa, Uganda |  THE INDEPENDENT  |  Three major roads in the Buliisa District have been commissioned. The 6.5 Billion Shillings roads were rehabilitated under the Albertine Region Sustainable Development Project-ARSDP in Buliisa district. The project is a multi-sectoral plan that is being implemented for 5 years in the region. It …

Gulu, Uganda |  THE INDEPENDENT  |  More than 400 Kilometres of roads in Gulu District have remained impassable sixteen years later after the communities returned from the internally displaced people’s camps.  Patrick Kinyera, the Gulu District Secretary for Works and Technical Services says that out of the 980 kilometres, only …

Kampala, Uganda |  THE INDEPENDENT  |  The long wait for Uganda’s Final Investment Decision (FDI) for oil and gas could come to an end this Sunday, following talks between government officials and industry leaders from Uganda and Tanzania. Tanzania’s new president Samia Hassan Suluhu is due in the country for …

Kampala, Uganda |  THE INDEPENDENT  |  Parliament’s finance committee has rejected the 200,000 Shillings license on cars and 50,000 Shillings for motorbikes. The Ministry of Finance has proposed the fees as part of the revenue measures to fund the 2021/2022 budget. On Tuesday, the State Minister of Finance David Bahati …