Business

Entebbe, Uganda | THE INDEPENDENT | Construction of a new cargo centre at Entebbe International Airport is almost complete, the Civil Aviation Authority has said. The cargo centre is part of the 720 billion Shillings project undertaken by China Communications Construction Company to expand and upgrade Entebbe International airport. The …

More accounts opened as players suggest ways of boosting market activity Kampala, Uganda | JULIUS BUSINGE | There is good news at the Uganda Securities Exchange. The latest market report shows that the number of depository accounts being opened is on the upward trend, signaling a growing interest by the …

Local industrialists asked to bridge Shs 300bn annual financing gap Kampala, Uganda | RONALD MUSOKE | Conservationists and industrialists rarely agree on matters regarding environmental conservation but in two rare meetings held in Kampala over breakfast, they both concurred on the need to work together to save the country’s fast …

Kabale, Uganda | THE INDEPENDENT | The Uganda-Rwanda border at Katuna has been opened to allow movement of heavy trucks, in what Rwanda says will be to try its one-stop-border infrastructure. In a statement issued last night, Rwanda Revenue Authority (RRA) said the area will only be open from today …

    COMMENT | Patrick Bitature | I would like to congratulate the government for having successfully gone through the 2019 Manifesto Week, that run from 13th -24th May 2019. I particularly would like to applaud government for having attained a mid-term manifesto implementation score of 62 percent to date, according …

‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …

  Majority of the Fund’s retirees are making wrong investment decisions Kampala, Uganda | JULIUS BUSINGE | It is now evident that savers need advice on how to invest their long time savings as they transition to retirement, according to Richard Byarugaba, the managing director of the National Social Security …

Kampala, Uganda | THE INDEPENDENT | Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a market opening ceremony to celebrate the successful listing of the Eurobond on the London Stock Exchange (LSE) …

Kampala, Uganda | THE INDEPENDENT | In fulfillment of the constitutional requirement under Article101 (1) of the Constitution of the Republic of Uganda, President Yoweri Museveni will today deliver the State of the Nation Address, 2019. The president will gave accountability on particular government commitments and appraise the country of …

Kampala, Uganda | THE INDEPENDENT | The call to operationalize Islamic Banking dominated Eid al Fitr prayers at Kibuli Mosque on Tuesday. Islamic banking is a system based on the Islamic economic guidelines in as far as the Sharia law is concerned. Under this system, the banks make profits through …