Business

Experts say there are lessons to learn from this case and that the central bank should not be hanged for losing it Kampala, Uganda |  JULIUS BUSINGE | Uganda’s central bank is facing huge costs after losing court cases in the Commercial and Court of Appeal over Sudhir Ruparelia, Meera …

Kampala taxis to get new route stickers  Kampala, Uganda | THE INDEPENDENT | Having completed the registration exercise of all taxis in Kampala, the Ministry of Works and Transports will soon issue special route stickers for use in the city. “Taxis will soon be easily identifiable with route charts, numbers, …

  Absa has reacted swiftly to the COVID-19 pandemic by designing, offering and implementing smart solutions and offering significant financial respite during these times. COMMENT | Vimal Kumar | When a crisis of the magnitude of Covid-19 strikes, it is our role as a responsible lender to put forward various immediate and …

Kitagwenda, Uganda |  THE INDEPENDENT |  Fishermen at Mahyoro landing site in Mahyoro Sub County in Kitagwenda district have cause to smile after government constructed for them a fish handling facility worth 960 million shillings.  The facility which was constructed by Premier Systems with funding from African Development Bank, is among …

Kampala, Uganda |  THE INDEPENDENT |  Severe effects of the COVID-19 pandemic on the performing arts sector in Uganda has revived a debate on copyright, patent rights and royalties enable artists and entertainers earn from their work.   The music industry is intrinsically linked with large audiences and live performances which have …

Entebbe, Uganda |  THE INDEPENDENT |  Two private vessels, MV Vanessa and Nathalie, have resumed operations from Entebbe to Kalangala after being grounded for three months due to travel restrictions imposed to control the spread of coronavirus disease (COVID-19).      The private vessels, run by Nyanza Evergreen Waterways, both docked at …

Kampala, Uganda |  THE INDEPENDENT |  Traders operating from arcades across Kampala have pleaded for reopening of the buildings to allow them to resume operations after more than three months of inactivity.  The arcades remained closed even when the government eased lockdown restrictions opening malls and other shops. But according to …

  Kampala, Uganda | PROSSY NANSUBUGA | Over 52,000 Ugandans have petitioned government to rename streets in Kampala and other landmarks in the country that were named by colonialists. In a document addressed to President Yoweri Museveni and Speaker of Parliament Rebecca Kadaga yesterday, the petitioners said that the continued display …

  Kampala, Uganda | THE INDEPENDENT | Club, restaurants and entertainment owners association have petitioned the Speaker of Parliament Rebecca Kadaga seeking a phased reopening of the entertainment sector. The Association led by their chairperson Tesfalem Gherathu says that with over 70,000 bars, lodges and restaurants closed since March, an …

Kampala, Uganda |  THE INDEPENDENT |  The Speaker of Parliament Rebecca Kadaga has said Parliament has accused the Ministry of Finance of avoiding to pay off Ugandan traders who supplied goods to South Sudan. Last year in May, Parliament approved 900 Billion shillings for traders that supplied goods and services to …