Business

Kampala, Uganda | THE INDEPENDENT  |  Tourism earnings are estimated to have grown slower in the first ten months of 2019, according to to the Central Bank. The government planned to attract more one million tourists this year on top of the 1.8million people received in 2018.  But the Central Bank …

Kampala, Uganda | THE INDEPENDENT | Tourism earnings are estimated to have grown slower in the first ten months of 2019, according to to the Central Bank. The government had planned to attract more than one million tourists this year on top of the 1.8 million people received in 2018, …

  MUHAKANIZI: Unconsumed electricity will hit Uganda’s budget hard; capacity to rise to 1200MW, yet Ugandans can only consume 600MW Kampala, Uganda | THE INDEPENDENT | Uganda must now reserve money to pay for generated but unconsumed power for the next five years, Secretary to the Treasury Keith Muhakanizi has said. …

Johannesburg, South Africa | AFP |  South Africa’s debt-laden state power company Eskom on Monday announced it was implementing a more intense electricity rationing schedule, five days after continued rolling power cuts have plunged businesses, schools and homes into darkness. The power cuts, known as “load shedding” are implemented to …

Ottawa, Canada | AFP |  Canada will impose a levy on internet giants such as Amazon, Google and Facebook similar to France’s digital services tax that created tensions with Washington, two ministers said Monday. “We’ve been very clear that we want to make sure that digital companies pay their fair …

✅ Overall winner – IMC Kireka ✅ Innovation Award – IHK ✅ Reward your owner -IMC Mukono ✅ Team of Year – Kololo ✅ Best facility – Entebbe road ✅ Choice Award – Park Royal Kampala, Uganda | THE INDEPENDENT | International Medical Centre (IMC) on Saturday inaugurated its first …

    Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA needs about sh9 billion for the house numbering project. In 2016, KCCA started mass numbering of all properties in Kampala and so far, over 356,947 houses have been numbered. However, according to the Geographic Information System (GIS) analyst …

Beijing, China | AFP | China will free up as much land as possible to restore pork production to pre-swine fever levels — including areas designated pig-free zones for environmental reasons, the agriculture ministry said Friday. Authorities outlined a three-year plan to boost its pig-breeding facilities in a bid to restore …

Dubai, United Arab Emirates | AFP | Saudi oil giant Aramco has raised $25.6 billion in the world’s biggest initial public offering, sources told AFP. The oil-rich kingdom has put a value of $1.7 trillion on Aramco as it prepares to sell 1.5 percent of the company to fund its “Vision …

Kampala, Uganda | THE INDEPENDENT  |  Truck drivers and members of the business community have blamed floods that devastated Pakwach yesterday, on a blocked waterway on the road connecting Pakwach to Paraa.   A part of River Nile in Nwoya district burst its banks on Tuesday causing floods that paralyzed business and …