Business

Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament Rebecca Kadaga has questioned the recurring changes in timelines for achieving Uganda’s first oil, which was recently pushed to 2022. Kadaga’s inquiry was in response to a presentation by Energy Minister Irene Muloni indicating that that Uganda was likely to …

  Kampala, Uganda | JULIUS BUSINGE | The President of the Institute of Certified Public Accountants of Uganda Frederick Kibbedi (CPA) is pushing for adoption of new initiatives that can improve the standards of the profession in the country. Kibbedi who was addressing a number of practicing accountants during the …

⭕ 3 trucks of smuggled elephant tusks and pangolin scales ⭕ Came through the Elegu One Stop Border Post ⭕ 2 Vietnamese suspects arrested Kampala, Uganda | THE INDEPENDENT |  Uganda Revenue Authority (URA) has started reaping from the introduction of Non-intrusive Cargo Inspection (NII) scanning technology that this week, uncovered …

STOLEN VEHICLE PLATES: How to avoid it and what to do if you’re hit Kampala, Uganda | MOTORING GURU |  Motor vehicle registration (number) plates have become a major target of criminals. The goal of the criminals, in most cases, is to extort money from the car owner.  It is …

  Kampala, Uganda | THE INDEPENDENT | Q-sourcing, a human resourcing consulting firm, could only train 120 people annually, according to its Managing Director, Patrick Mbonye. Now, the firm is able to train 400 people annually after receiving a grant from the Private Sector Foundation Uganda in 2018. “The grant …

Washington, United States | AFP | The United States hopes to make “significant progress” during high-stakes trade talks with Chinese officials this week, US Treasury Secretary Steven Mnuchin said Tuesday. Beijing and Washington have a month remaining in a 90-day truce declared in December before US tariffs on hundreds of billions in Chinese exports are …

Kampala, Uganda | THE INDEPENDENT | Members of Parliament have asked the Foreign Affairs Minister Sam Kutesa to put in place measures to protect Uganda workers from exploitation abroad. Kutesa together with other officials from the foreign affairs ministry appeared before the Foreign Affairs Committee of Parliament over the 2019/2020 …

Riyadh, Saudi Arabia | AFP | Saudi Arabia on Monday launched an ambitious programme which it hopes will attract $427 billion in investments in the industrial and logistics sectors, as the OPEC kingpin bids to reduce dependence on oil. To kickstart the 12-year programme, the Gulf state announced the signing …

After good economic performance in 2018, can the Uganda economy maintain the momentum? COMMENT | MUSA MAYANJA LWANGA | Despite the political violence that threatened Uganda’s international image, the year 2018 was a great year for the country in terms of economic performance. Estimates show that the economy grew at …

Dr. David Alobo is the Managing Director and Chief Executive Officer of Xsabo Group and an expert in economics and business. He spoke to The Independent’s Julius Businge about his expertise and the planned US$200million investment in solar energy in Uganda. Who is David Alobo? I am a management consultant …