Thursday , November 14 2024

Business

Business news

Two Gateway Buses intercepted in Moroto for COVID-19 check

Moroto, Uganda | THE INDEPENDENT | Two Gateway buses destined for Moroto from Kampala were by intercepted Police and Health authorities on suspicion on Sunday of carrying passengers who entered Uganda from Kenya’s capital Nairobi without being screened. The two buses were intercepted by the police at Iriri Trading Centre …

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COVID-19: Kaabong Police pours local brew

Kotido, Uganda | THE INDEPENDENT | At least 30 local brewers in Kaabong town council are counting losses after the police poured local brew in an attempt to discourage people from social gatherings. The women were on Sunday taken by surprise when the police led by the Kaabong DPC Gerald …

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Police fires teargas to disperse traders

Soroti, Uganda | THE INDEPENDENT | Police has fired teargas to disperse hundreds of traders at Otuboi market.  By 7 am Saturday, traders had convened at the market that operates every Saturday. This was after the Kaberamiado RDC, George Edward Onyakunapesa, told the traders that they are free to go …

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Gov’t asked to suspend OTT

Kampala, Uganda |  THE INDEPENDENT |  Government has been asked to waive off the “over-the-top” (OTT) tax, commonly known as the social media tax to ease communication and access to information during the Corona Virus (COVID-19) outbreak. On Wednesday, March 18, 2020, President Yoweri Museveni ordered for the closure of universities, …

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ICEA Uganda marks 20 years

Kampala, Uganda | THE INDEPENDENT | The Insurance Regulatory Authority CEO Ibrahim Lubega Kaddunabbi has said the industry is ripe for disruption as advances are made in the digital space especially in the insur-techs. He warned that insurance players should therefore ensure that there are constantly evolving their methods to …

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URBRA’s new plan for retirees

The regulator wants members to keep their money longer with pension schemes or get paid in installments Kampala, Uganda | JULIUS BUSINGE | The Uganda Retirements Benefits Regulatory Authority (URBRA) is in advanced stages of preparing a policy proposal for the ministry of finance to consider and convince retirees to …

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CNOOC’s Kingfisher project approved

NEMA’s approval paves way for construction of oil field facilities Kampala, Uganda | RONALD MUSOKE | Uganda’s environmental agency, NEMA, has approved CNOOC’s environmental and social impact assessment report for the Kingfisher project following ten months of scrutiny and evaluation. Dr. Tom Okurut, NEMA’s executive director issued the certificate of …

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UNOC starts trading in petroleum products

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company Limited (UNOC) has today launched its petroleum products business. UNOC will import and sell petroleum products in bulk to registered local oil marketing companies, a move that will position UNOC, with Government support, within the petroleum products supply chain. According …

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