Singapore, Singapore | AFP | Oil prices surged more than six percent in Asian trade Tuesday following heavy losses a day earlier after top exporter Saudi Arabia began a price war with Russia. West Texas Intermediate was trading up 6.1 percent at more than $33 a barrel while Brent crude …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament want the National Identification and Registration Authority (NIRA) to start charging for sharing citizen’s data with private companies and government agencies. The demand was made by members of the Defense and Internal Affairs committee of parliament saying that for NIRA to …
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Kampala, Uganda | THE INDEPENDENT | Twenty two Europeans who arrived last night for the Uganda Europe Business Forum have returned home after discovering they would have to first self quarantine for 14 days. Uganda last week discouraged Europeans travelling from coronavirus hit countries from heading to Uganda, and if they …
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Kampala, Uganda | THE INDEPENDENT | A report by estate agent Knight Frank indicates that 494 Ugandans each own wealth worth at least $500,000 (1.8bn Uganda shillings). The index shows the minimum threshold. This means that of the 494 individuals, there are those that own wealth in the excess of USD1m …
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Mbale, Uganda | THE INDEPENDENT | Heavy rains have destroyed property worth millions in Kikindu market in Northern Division, Mbale Municipality. The rains which lasted for over three hours on Wednesday resulted in flooding of shops, kiosks and stalls leaving vendors counting losses. Some of the destroyed merchandise …
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More research and policy guidance needed to improve value chain for non-wood forest products Kampala, Uganda | RONALD MUSOKE | Honey, beeswax and shea butter are some of the non-wood forest products with a lot of potential of contributing to nutrition, food security, household incomes and forest conservation in the …
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Television still dominates the content space Kampala, Uganda | ISAAC KHISA | Telecom firms are slowly taking the battle for consumers to traditional Pay TV’s door step with the matching of the rival’s content either through partnerships or own content plays. MTN Uganda unveiled the YOTV in partnership with Al …
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Kampala, Uganda | THE INDEPENDENT | Deliberate falsification of invoices and manipulation of customs rules by organizations and individual traders is costing Uganda trillions of shillings in revenue, a new study has shown. A study by the Washington-based organisation Global Financial Integrity (GFI) released today March 3, 2020 examined Uganda’s trade …
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But government needs to focus beyond fighting locusts and coronavirus Kampala,Uganda | JULIUS BUSINGE | Uganda’s economy is expected to remain strong supported by an accommodative monetary policy and the resultant growth in the private sector credit, latest data from Bank of Uganda shows. The data contained in the February …
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Amuru, Uganda | THE INDEPENDENT | A Kampala based businesswoman, Sumbuwa Shamim Lala, has dragged Amuru Resident District Commissioner– RDC and Amuru District Local Government to Court for impounding his charcoal. Through Alaka & Company Advocates, Sumbuwa is demanding a compensation of 38,270,000 million Shillings in special damages suffered after the …
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The Independent Uganda: You get the Truth we Pay the Price