Business

Mbarara, Uganda |  THE INDEPENDENT  |  The delayed completion of the Mbarara Central Market has been attributed to failure by the contractor to renew his performance guarantee with the Bank.  A Performance Guarantee is a contractors promise to complete the project undertaken. It is issued by an insurance company or …

Omoro, Uganda |  THE INDEPENDENT  |  Omoro district local government has started the rehabilitation of 91.1 km of community access roads that are in a bad state. The roads that have so far been rehabilitated include the 33km Bobi Frontiers – Awor to Ongako, 0.5km Opit to Awor at a …

Soroti, Uganda |  THE INDEPENDENT  |  Soroti City will be home to a multi-billion agro-processing business for cereals, thanks to Pela Commodities Limited, a new industry being established in Arapai industrial area.   Pela commodities has already started laying its machinery in the area near Soroti Fruit Factory. It is expected …

Kampala, Uganda |  THE INDEPENDENT  |  The land investigations committee appointed to establish the state of ownership of Uganda Railways Corporation- URC land have expressed concern about the extent of encroachment on both the rail line and its reserves.  In December last year, the Works Minister, Gen Katumba Wamala, appointed …

Kampala, Uganda |  Khisa Isaac |  Roke Telkom has unveiled the new repackaged internet services for its Roke Plus customers.  The announcement follows the need to not only provide reliable internet but improved bandwidth at affordable prices. The new Roke Plus packages have been upgraded with bigger internet bundles and …

Cairo, Egypt | XINHUA | Egyptian President Abdel-Fattah al-Sisi stressed on Wednesday that “all choices are open” in dealing with the disputed Grand Ethiopian Renaissance Dam (GERD). “Don’t touch a drop of Egypt’s water,” Sisi said during the inauguration of an integrated complex for secure and smart documents in Cairo. …

Kampala, Uganda |  THE INDEPENDENT |  The Ministry of Finance has proposed a license fee of 200,000 Shillings on all car owners as part of the revenue measures to fund the 2021/2022 budget.  State Minister of Finance David Bahati says that the move is intended to streamline the transport sector …

  Kabale, Uganda |  THE INDEPENDENT |  Charcoal prices in Kabale district have shot up in the past one months.   A sack of charcoal that was once sold at 20,000 Shillings now costs 32,000 Shillings.  Annet Kyomuhendo, a charcoal dealer in Kigongi in Central division Kabale municipality says that she …

Ugandan private companies post successive rise in business activity during March ✳ Key findings ➡ Rising new orders support further output growth ➡ Firms optimistic of further increases in coming months ➡ Higher purchase prices recorded Kampala, Uganda | THE INDEPENDENT | There are signs that the Ugandan economy is gradually …

GOtv value bouquet customers get more offers Kampala, Uganda | THE INDEPENDENT |  After a successful two-month ‘Tumbiiza GOtv’ campaign that had decoder prices dropped by 23%, MultiChoice Uganda have today announced a ‘Closer Together’ campaign offering that will give GOtv Value Customers more choices of entertaining content. Speaking at the launch …