Business

Kampala, Uganda | THE INDEPENDENT | Sudhir Ruparelia and Meera Investments Limited’s lawyers have responded to a statement from Bank of Uganda that gave reasons why they intend to go to the Supreme Court after they lost a recent appeal. Uganda’s central bank is facing huge costs after losing court …

Masaka,  Uganda | THE INDEPENDENT |  There was jubilation and ululations at the Bukomansimbi district headquarters Thursday as old persons in the district received their first payments of the Social Assistance Grants for Empowerment (SAGE). The payments, issued by the Ministry of Gender, Labour and Social Development as a component …

  Kampala, Uganda | PROSSY NANSUBUGA | Members of Parliament have urged government to open arcades ‘as a preventive measure for COVID-19’ following a petition by KASITA traders. The Kampala traders warned that many of their members are now doing business on the streets, which exposes more people to danger. …

  Tororo, Uganda | THE INDEPENDENT | Tororo District Local Government has returned sh5.1 billion to the national treasury as unspent funds for the 2019/2020 financial year. The Public Finance Management Act 2015 section 17 (2) stipulates that a local government that does not spend money that was appropriated to …

Kampala, Uganda |  THE INDEPENDENT |  Uganda Communications Commission-UCC is examining Information and Technological-ICT structures under the Northern Corridor Integration Project so as to come up with a policy to facilitate and regulate online businesses. Initiated in 2014 by East African member states of Uganda, Kenya, Rwanda and South Sudan, the …

Uganda now has eight cities  1⃣ Fortportal 2⃣ Jinja 3⃣ Masaka 4⃣ Mbarara 5⃣ Mbale 6⃣ Arua 7⃣ Gulu Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has congratulated the people of Jinja, Arua, Gulu, Masaka, FortPortal, Mbarara and Mbale, whose towns today became cities. “This is an acknowledgement of the growth these towns have experienced …

Kampala, Uganda | THE INDEPENDENT | Dr. Jeff Sebuyira – Mukasa has been appointed Chairman Board of Directors of the International Medical Group, succeeding Dr. Ian Clarke, effective July 1st, 2020. Dr. Sebuyira-Mukasa — who holds a Doctorate in Business Leadership from the University of South Africa — is a …

Mutukula, Uganda |  THE INDEPENDENT |  The procedures for COVID-19 testing have stirred controversy at the Uganda-Tanzania border in Mutukula, Kyotera district.   The conflict is pitting Ugandan health workers at the Mutukula Testing Laboratory against Tanzania truck drivers, who are protesting what they describe as painful experiences through which they are …

Uganda Tourism Board kicks off inspection of tourism facilities countrywide to ensure they meet standards to curb COVID spread Kampala, Uganda | JULIUS BUSINGE | Enterprises within the hospitality sector are putting in place stringent safety measures in preparation for jumpstarting business once the COVID-19 pandemic threat is minimized. Jean …

The current situation place the country’s businesses in a disadvantaged position compared to their peers in the region       Kampala, Uganda | ISAAC KHISA | Fuel consumers in Uganda could have been in a celebration mood as they reap benefits of reduced prices of the precious commodity that drives many economies …