Business

Kampala, Uganda| AFP |  THE INDEPENDENT |  Taxi Operators in Kampala are struggling to implement Covid-19 preventive measures. The operators resumed work on Thursday following a three month’s suspension of public transport by government to contain the spread of Covid19. While lifting the suspension on public transport on Monday this week, …

Kampala, Uganda| AFP |  THE INDEPENDENT |  The global Telecoms sector is booming despite the financial ruin of the COVID-19 pandemic to millions of individuals and businesses.  According to a study by International Finance Corporation, the COVID-19 pandemic has demonstrated the critical importance that telecommunications infrastructure plays in keeping businesses, governments, …

Kampala, Uganda| AFP |  THE INDEPENDENT |  Century Cinemax in Acacia Mall reopened its doors to movie lovers on Friday with strong guidelines on hygiene and physical distancing. Century Cinemax was among the first business close in March because of the corona virus disease. Despite running promotional adverts for the whole of …

Jinja, Uganda| AFP |  THE INDEPENDENT |  The government has resolved to forcefully eject all persons who encroached on wetlands and shorelines along the different lakes across the country. State Minister for Fisheries Hellen Adoa Says that many of the encroachers have failed to heed to calls to vacate the shoreline, …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Works and KCCA have granted a temporary waiver for public transporters plying upcountry routes who have not yet finalized registration to carry passengers for the next three days. This a day after passengers were forced to sleep at various taxi parks …

Kampala, Uganda |  THE INDEPENDENT |  Ugandans could see the value of their assets in the real estate industry, including land and houses decline as a result of the Coronavirus (COVID-19) disruption, Bank of Uganda has warned. This decline, the central bank says could be in double-digits meaning it could go …

KCCA PLAN 🔵 Register Boda Bodas and Taxis operating in the City 🔵 Creating a digital data base of those operating in the City 🔵 Gazette Parks, stages, routes and stops for taxis and Boda Bodas 🔵 Introduce route numbers and rout colors for all the taxis 🔵 Identification of drivers/riders …

    Finance Ministry measures  ➡ Delay payment of Corporation tax for Corporations & SME’s ➡ Defer payment of PAYE by sectors affected ➡ Capitalization of UDC ( 100bn) ➡Capitalization of UDB ( 1 trillion) ➡Funds for Emyooga (Boda bodas,Saloon operators,Artists) Kampala, Uganda | THE INDEPENDENT | The Ministry of …

Uganda agricultural earnings ✳ Coffee March-$45.87million April-$36.928m ✳ Tea March-$5.15m April-$6.145 ✳ Maize 🌽 March-$10.23m April-$6.256m ✳ Fish 🐠 March-$14.98m April-$6.831m Finance Ministry measures Post-Covid19 ➡ Delay payment of Corporation tax for Corporations & SME’s ➡ Defer payment of PAYE by sectors affected ➡ Capitalization of UDC ( 100bn) ➡Capitalization …

London, United Kingdom | AFP | Growing optimism about a swift global economic recovery pushed equity markets sharply higher Wednesday, as investors took heart from further easing of lockdowns while looking past China-US tensions and civil unrest across America. The upbeat mood — and hopes for an extension to a massive …