Thursday , November 14 2024

Business

Business news

LIVE: VP Ssekandi to launch Uganda Airlines flights

✳Entebbe-Nairobi inaugural flight TODAY ✳Entebbe-Juba 10x weekly ✳Entebbe-Mombasa 3x weekly ✳Entebbe-Nairobi 2 daily ✳Entebbe-Mogadishu 4x weekly ✳ Entebbe-Kilimanjaro 3x weekly Entebbe, Uganda | THE INDEPENDENT | Vice President Edward Kiwanuka Ssekandi will be chief guest at Uganda Airlines inaugural flight at 11.10am today. On the flight to Nairobi will be government …

Read More »

Court dismisses BOU case against Sudhir

  Kampala, Uganda | THE INDEPENDENT | The High Court Commercial Division has dismissed the  Crane Bank (in Receivership) suit against Sudhir Ruparelia and Meera Investments, with Justice David Wangutusi ruling that they have no legal basis to sue. The judge dismissed the suit on Monday over lack of legal basis …

Read More »

ANALYSIS: The Family’s man

David Bahati links to secret American group revealed Kampala, Uganda | THE INDEPENDENT | David Bahati, the MP for Ndorwa West constituency who is also the Minister of State of Finance for Planning is among the leading subjects of a new Netflix docu-series called `The Family’ which examines a mysterious …

Read More »

PM Boris Johnson supports new digital tax

Johnson insists US digital giants must be taxed ‘fairly and properly’ Biarritz, France | AFP |  British Prime Minister Boris Johnson on Saturday said that US digital giants needed to be taxed “fairly and properly” in a growing dispute with the United States over taxing the likes of Amazon, Apple, …

Read More »

China plans new tariffs on $75 bn of US imports

Beijing, China | AFP | China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington’s planned duty hikes, further intensifying the bruising trade war between the world’s top two economies. The punitive tariffs of 5 to …

Read More »

Why UCC blocked Rwanda’s New Times

UCC Blocks Rwanda’s New Times for Publishing ‘Propaganda’ Kampala, Uganda | THE INDEPENDENT | Uganda Communications Commission-UCC has blocked access to Rwanda’s New Times website in Uganda, saying the paper has continued to publish harmful propaganda against Uganda. The UCC Spokesperson, Ibrahim Bbosa, said UCC had directed “internet service providers …

Read More »

Stanbic Bank, GIZ to upscale SME skilling in Uganda

Small businesses are plagued with numerous challenges including limited financial support, inadequate entrepreneurial skills and low corporate governance Kampala, Uganda | THE INDEPENDENT | Stanbic Bank in partnership with the GIZ Employment and Skills for Eastern Africa Programme (E4D/SOGA) will support Small and Medium Enterprises trainings ahead of oil and …

Read More »

Private sector lending up

But who is benefiting? Kampala, Uganda | JULIUS BUSINGE | Latest statistics from Bank of Uganda shows that private sector lending has gone up. But, a section of the private sector mainly traders, manufacturers, economic experts are saying that they are yet to benefit. Issa Sekitto, for instance, an importer …

Read More »