The Independent Uganda: You get the Truth we Pay the Price
Top executives at PSFU, Centenary Bank and NSSF share ideas Kampala, Uganda | JULIUS BUSINGE | These are tough times. New strategies have to be designed and implemented by business managers to achieve success during and post-COVID-19 era. This was the general message that came out of the speeches of …
Read More »2020 Economic Mkutano
Discussions centres on how to finance local governments Kampala, Uganda | JULIUS BUSINGE | Optimal funding to local governments is key for the growth of local economies that feed into the national economy, according to David Bikhado Ofungi, the founder and chief executive officer of DERO and curator of the …
Read More »MPs to visit DRC road construction site
Kampala, Uganda | THE INDEPENDENT | Members of Parliament on the National Economy Committee have proposed a visit to the construction site of the Uganda-DRC road project. Parliament recently passed expenditure of 200 Billion Shillings for constructing the 223 kilometres road connecting Uganda to DRC. Uganda signed a bilateral agreement with …
Read More »Police suspends selling fuel in jerry cans
Kampala, Uganda | THE INDEPENDENT | The Uganda police Force- UPF have suspended selling and buying of fuel in jerry-cans at all pumps until the end of elections. They say this is to curtail acts of making petrol bombs in the anticipated riots. This follows the protests that took place 2 …
Read More »Pandemic accelerates transformation of investment landscape
New York, US | Xinhua | The almost year-long COVID-19 pandemic is transforming the investment landscape, with multiple long-term trends picking up speed. And the world is set to become more digitalized, automated and sustainability-sensitive as life style and economy undergo profound changes, according to experts and investment advisors. DIGITALIZATION DEEPENS …
Read More »Low business expectations around Kampala as festive season approaches
Kampala, Uganda | THE INDEPENDENT | There is less excitement and low expectations among the business community as the festive season approaches. Normally at such a time, downtown Kampala is a beehive of activities with several people stocking Christmas and New year goods. However, on the streets of Kampala, few have …
Read More »India ready to help Uganda secure COVID-19 vaccine
Museveni says doctors to start finding out efficacy of Ugandan made COVID-19 medicine on December 15, 2020 New Delhi, India | THE INDEPENDENT & XINHUA | Indian Prime Minister Narendra Modi on Saturday visited three pharmaceutical facilities in the country to review the development and manufacturing process of COVID-19 vaccines. …
Read More »Masaka city secures UGX 60 billion funding under USMID
Masaka, Uganda | THE INDEPENDENT | Masaka city council has received Uganda Shillings 60 billion additional funding for another phase of Uganda Support to Municipal infrastructure Development (USMID). The development was announced by the Masaka city mayor, Godfrey Kayemba, while addressing the media at his office on Friday. Kayemba says that …
Read More »Bureaucracy, bribery major obstacles to Uganda’s competitiveness – Survey
Kampala, Uganda | THE INDEPENDENT | Entrepreneurs and prospective investors in Uganda are getting more concerned about long bureaucratic procedures in dealing with government, than they are concerned with corruption or bribery, according to a survey. The procedures involved when an investor wants to start up a business in Uganda, …
Read More »NSSF ready to lend to local governments
Kampala, Uganda | THE INDEPENDENT | National Social Security Fund- NSSF wants the laws governing its investments amended to allow the fund to lend money to local governments. This comes after the local government officials and a UN official called for the empowerment of local governments to negotiate their loans and …
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