Jinja, Uganda | THE INDEPENDENT | Fishermen at Rippon falls along Lake Victoria in Jinja were excited by a floating bicycle which was launched by project X youth innovators on Thursday afternoon. Project X youth innovators is a team of six university graduates who devised means of earning income by introducing …
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Mityana, Uganda | THE INDEPENDENT | The Mityana District Covid-19 task force is on the spot for failing to pay 40 million shillings to a contractor who supplied more than 20 tons of maize flour. Following the outbreak of COVID-19, the government imposed a lockdown as one of the measures to …
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Kampala, Uganda | THE INDEPENDENT | Dfcu Bank has shut its Lugogo Branch in Kampala after five of its staff tested positive for coronavirus (COVID-19). The Bank said in a notice last night that “all exposed colleagues in the branch are undergoing tests and will be required to self-isolate for 14 …
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Experts define outlook for the sector amidst COVID-19 pandemic Kampala, Uganda | JULIUS BUSINGE | What is the future of agribusiness given the prevailing effects brought about by coronavirus pandemic? How can agribusiness enterprises weather these effects and remain profitable while contributing growth of the economy? These are some of …
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Kampala, Uganda | THE INDEPENDENT The Uganda Revenue Authority-URA board has appointed new commissioners to replace those fired in May 2020. The appointments made after the August 26, 2020 sitting saw Abel Kagumire appointed as the commissioner customs. Kagumire had been acting in the position since early this year. Richard Kariisa has …
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Kampala, Uganda | THE INDEPENDENT | Since its establishment in 2011, the Uganda Retirement Benefits Regulatory Authority (URBRA) has overseen the growth of the retirement benefits sector which, as at end of 2019, contributed 10.3% of Uganda’s Gross Domestic Product (GDP). The sector remains vibrant with an average annual growth rate …
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Addis Ababa, Ethiopia | XINHUA | African businesses are shifting towards new technologies in response to the ongoing COVID-19 pandemic, according to a new report published by the United Nations Economic Commission for Africa (UNECA). The report, which was jointly published by the UNECA and the International Economics Consulting Ltd., …
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Arua, Uganda | THE INDEPENDENT Transport is paralyzed between Arua City and the Democratic Republic of Congo- DRC following the breakdown of the major bridge connecting the two areas. Pajulu bridge, which crosses River Enyau caved in because of heavy rains and flooding. The temporary bridge is believed to have …
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The lender recorded a 4.9% drop in net profit to Shs127.4billion Kampala, Uganda | ISAAC KHISA | Stanbic Bank has suffered a 4.9% drop in pre-tax profit in the first half of the year as credit impairment charge and coronavirus disruption takes toll on the country’s largest commercial lender. The …
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Can world’s biggest trade bloc wean Africa off expensive aid? Kampala, Uganda | RONALD MUSOKE | On Aug.17, Nana Akufo-Addo, the Ghanaian president, launched the Permanent Secretariat of the African Continental Free Trade Area (AfCFTA) four months ahead of the day African countries are expected to start trading in goods …
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