Thursday , November 14 2024

Business

Business news

Market vendors in Gulu, LOP defy Covid-19 guidelines

Gulu, Uganda |  THE INDEPENDENT |  Hundreds of Olailong market vendors in Layibi-Bardege Division in Gulu City on Friday defied the Ministry of Health`s guidelines on Covid-19 following a visit by Betty Aol Ocan, the Leader of Opposition in Parliament.   Aol who is also the Gulu district Woman Member of Parliament …

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Banks boost customers’ confidence in insurance – Players

Kampala, Uganda | THE INDEPENDENT | More Ugandans are buying insurance through their banks as the channels have boosted confidence in insurance, players have said. Official figures show an upward curve of insurance products through banks, which is technically known as bancassurance. It started in Uganda in 2017 after the amendment …

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Lake Kyoga fishermen get six month tax exemption

Hoima, Uganda | THE INDEPENDENT | Fishermen on Lake Kyoga have been exempted from taxes for six months, the Minister of State for Fisheries Helen Adoa has confirmed. This follows the resumption of fishing operations in Lake Kyoga after they were banned in January. The fishermen are supposed to pay …

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Parliament rejects de-registration of coffee farmers

Kampala, Uganda |  THE INDEPENDENT |  Parliament today unanimously rejected the proposal to deregister coffee farmers who fail to meet standards set by Government in regards to coffee growing. Parliament has been discussing the National Coffee Bill 2018 that among other things seeks to register all coffee farmers, and deregister farmers …

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Germany gives Uganda UGX 254b for energy, agriculture and governance

Kampala, Uganda |  THE INDEPENDENT |  The Germany government has committed to spending over two hundred and fifty-three billion shillings (EUR 58.4 million) to finance access to renewable energy, agriculture and rural development in Uganda. The money will also help in the area of good governance and human rights.  The German Embassy …

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Coronavirus smokes BATU revenues

Kampala, Uganda | THE INDEPENDENT | British American Tobacco Uganda-BATU has reported a revenue shortfall in the first six months of 2020 due to disruptions by the coronavirus pandemic. In its financial statement issued on Wednesday, BATU says its gross revenue fell by 12 percent as a result of low …

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Families thrilled as gov’t lifts L.Kyoga fishing ban

Serere, Uganda |  THE INDEPENDENT |  The government has lifted a ban on fishing in Lake Kyoga after months of a fishing holiday. Fishing activities were suspended in January 2020 in the districts of Serere, Kaberamaido and Soroti, while areas of Amolatar, Nakasongola and other districts had taken more than 14 …

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