Thursday , November 14 2024

Business

Business news

Mbarara municipality registers UGX 2.5b shortfall in local revenue

Mbarara, Uganda |  THE INDEPENDENT |  Mbarara municipality has registered a huge shortfall in local revenue collection for the financial year 2019/2020. According to a report by the Mayor Robert Kakyebezi Mugabe, 3.9 billion shillings was realized out of the expected 6.4 billion shillings.  Kakyebezi says that they had expected to …

Read More »

Two arrested in Kasese with meat infected with anthrax

Kasese, Uganda |  THE INDEPENDENT |  Police in Katwe Kabatooro Town Council, in Kasese district, is holding two men who were found in possession of contaminated meat. The head of the Veterinary Department at the district Geoffrey Kalule says that the meat tested positive for anthrax which poses a threat to …

Read More »

High Court halts Kabuusu-Bunamwaya-Lweza road works

Kampala, Uganda | THE INDEPENDENT | The High Court Land Division has halted the construction of Kabuusu-Bunamwaya–Lweza road pending the disposal of an application filed by Rashid Ssenyonjo Musisi against Kampala Capital City Authority-KCCA. The Deputy Court Registrar, Flavia Nabakooza issued the orders on Thursday morning restraining KCCA and her …

Read More »

Traders pay bribes to operate as arcades remain closed

Kampala, Uganda |  THE INDEPENDENT |  Several city traders are paying hefty bribes to law enforcement officers to allow them to operate, URN has learnt. This follows the president’s decision to maintain the suspension on arcades as part of the Covid19 preventive measures. The suspension has prompted traders to devise other …

Read More »

BOU appeal in Sudhir case dismissed

  Kampala, Uganda | THE INDEPENDENT | The Court of Appeal on Tuesday dismissed an appeal and upheld the decision of the High Court in a suit filed by Bank of Uganda, on behalf of Crane Bank Ltd (in receivership), against Sudhir Ruparelia and Meera Investments Ltd. In dismissing the appeal, …

Read More »

Skechers, Clarks to open outlets

American and British lifestyle and performance footwear giants, Skechers and Clarks, plans to open outlets in Kampala to tap into the expanding middle class and a growing taste for luxury brands. Kampala, Uganda | ISAAC KHISA | Knight Frank in its latest market update report said the two companies have …

Read More »