Business

The arguments for are as varied as those against the minimum wage  Kampala, Uganda | PATRICIA AKANKWATSA | A fresh fight is looming between workers’ unions and representatives in Parliament and the government over new proposals to have a minimum wage law. President Yoweri Museveni returned the proposed Minimum Wage …

❇ Money paid in benefits up by 25% from sh360 billion to sh450 billion ❇ 17% growth in contributions collections from sh1.049 trillion to sh1.208 trillion ❇ Assets under Management up by 13.1% from sh9.98 trillion to sh11.3 trillion Kampala, Uganda | THE INDEPENDENT | National Social Security Fund (NSSF) members should expect …

Kampala, Uganda | THE INDEPENDENT |  President Yoweri Museveni has highly commended the private sector for their idea of supplementing government’s efforts in the development of both economic and social infrastructure. He said the two areas form the main core foundation of the country’s economy. The President was officially opening …

Africa is grappling with myriad environmental and climate challenges, from drought to loss of biodiversity, cyclones and plastics pollution. Africa Renewal’s Zipporah Musau spoke with the United Nations Environment Programme’s Deputy Executive Director, Joyce Msuya, on how African countries can mitigate some of these challenges and the opportunities ahead. What …

Performance was dented by routine factory maintenance and spikes in operating costs Kampala, Uganda | JULIUS BUSINGE | Clay products maker, Uganda Clays Limited, has recorded a Shs722million loss. But company officials say the future is bright. Financial results released on Sep.04 indicate that the loss in question was for …

Country tops on natural resources, price competitiveness Kampala, Uganda | THE INDEPENDENT | The latest Travel & Tourism (T&T) Competitiveness Report 2019 shows the challenges of implementing a business strategy for Uganda’s tourism sector. The T&T Competitiveness Index (TTCI) measures factors and policies that enable the development and competitiveness of …

  New Delhi, India | AFP |  Siddharth Desai grew up in humble surroundings but now he’s living the life of a millionaire sportsman, driving a souped-up jeep and taking selfies with fans — and it’s all thanks to kabaddi. The ancient game has undergone a glitzy makeover through the …

Entebbe, Uganda | THE INDEPENDENT | Two managers of a labour export firm Middle East Consultants, have been granted bail. Benon Kunywana, 36, and Godfrey Kyalimpa, 48 were granted bail by Entebbe Chief Magistrate Court Mary Babirye Monday. The two managers first appeared before Entebbe Grade One Magistrate Phiona Birungi, …

New York, United States | AFP |  US stocks sank into the red on Monday as attacks on Saudi crude production and record jumps in oil prices whipped up investor anxieties about the global economy. Saturday’s devastating attacks on Abqaiq — the world’s largest oil processing facility — and the …

  ❇AGREED 🇺🇬 🇷🇼 ✅ Cease hostile propaganda in all media ✅ Rwanda provided a list of people they say are detained in Uganda ✅ Agreed to finalize the extradition treaty ✅ Uganda to release all Rwandans that will have no charges to answer ✅ Those with criminal cases to answer …