Thursday , November 14 2024

Business

Business news

How a global smart subsidy scheme for off-grid clean energy can combat Climate Change

Implement a global smart subsidy scheme for off-grid clean energy to combat climate Change: A pointer for the Biden Administration COMMENT | MORRISON RWAKAKAMBA | On day one of his administration, President Joseph R. Biden signed executive actions to tackle climate crisis at home and abroad. The most watched executive …

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Munobwa tea factory workers call off strike

Kyenjojo, Uganda |  THE INDEPENDENT | Workers of Munobwa Tea Factory under Rwenzori Commodities Limited in Kyenjojo district have called off their strike after setting conditions.  On Monday, the over 1,000 workers laid down their tools over salary increment and poor work conditions. These included those who pluck the tea and …

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Uganda’s proposed Shs45.6bn budget concerns

Budget analysts suggests that government focuses on domestic revenue mobilisation and external borrowing to boost economy in FY2021/2022 Kampala, Uganda | JULIUS BUSINGE | Coronavirus pandemic, economy, donor support, government spending are the main factors that will determine the design, implementation and success of the new budget for FY2021/22, according …

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Uganda sugar exports to Kenya rise steadily –Trade Minister

Kampala, Uganda |  THE INDEPENDENT | Uganda Sugar exporters are to receive a permit for exporting another 20,000 metric tonnes consignment from Kenya next week. In an interview with URN, Trade minister Amelia Kyambadde revealed that this consignment is part of the 90,000 tonnes agreed upon by both governments. Kenya allowed …

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Transporters to pay user fees on Uganda funded Congo roads

Kampala, Uganda |  THE INDEPENDENT | Ugandan transporters and other road users of the planned Uganda-DR Congo joint roads project will have to pay for the roads whenever they use them, according to outcomes of the talks between the two countries. In 2018, Uganda entered an agreement the Democratic Republic of …

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Business paralysed in Moroto as UPDF battles rustlers

Moroto, Uganda |  THE INDEPENDENT |  Business was paralysed in Rupa Sub County, Moroto district as Uganda People’s Defence Force (UPDF) soldiers battled suspected cattle rustlers. The one and half hour gun battle led to the death of one warrior and recovery of 214 herds of cattle and four donkeys.  …

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Buliisa oil project affected persons get houses

Buliisa, Uganda |  THE INDEPENDENT | Families affected by the construction of the Tilenga Central Processing Facility in Buliisa district has finally received houses as part of their relocation package, thanks to Total E&P. Up to 623 persons in Kasenyi village were affected when the government acquired 320-hectares of land in …

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I opposed revival of national airline- Minister Kasaija

  Kampala, Uganda |  THE INDEPENDENT | The Minister for Finance, Matia Kasaija has said that he had initially opposed the idea of reviving the National Airline.  According to Kasaija, when the idea was fronted in the cabinet he and other ministers were of the view that the government should slow down …

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