Business

Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has clarified on why he has recently directly supported Youth Programmes, mainly in Kampala and Rukungiri. **** FULL STATEMENT CLARIFICATION BY H. E GEN YOWERI KAGUTA MUSEVENI,  ON THE CONFUSION SURROUNDING THE YOUTH PROGRAMMES Fellow Countrymen and Countrywomen, especially the NRM Leaders, I …

Entebbe, Uganda | THE INDEPENDENT | Civil Aviation Authority (CAA) has started upgrading the security search park at Entebbe International Airport to ease the screening of people entering and leaving the airport. CAA has already started expanding the security search park and is expected to complete the works in May …

New York, United States | AFP | Apple shares tumbled Friday a day after quarterly results showing strong profits but weaker-than-anticipated iPhone sales and a disappointing outlook for the key holiday period. In midday trade, Apple skidded 7.3 percent to $206.07, slipping below the $1 trillion milestone it topped in …

  Kampala, Uganda | THE INDEPENDENT | Qatar Investment Authority officials are in Uganda to explore investment opportunities in the infrastructure, energy, tourism, mining and food security sectors. “The Qatar Investment Authority has US$1 billion to invest in Africa and we are looking for areas to partner in,” said Sheikh Faisal bin …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Trade, Industry and Cooperatives is celebrating this year’s export figures, as for the first time in history, Uganda had a favorable balance of trade with Kenya. Bank of Uganda (BoU) figures indicate that in the Financial Year 2017/18, Uganda had a trade surplus of …

Washington, United States | AFP |  All of Iran’s oil exports and financial transactions will be targeted under US sanctions that take force Monday, six months after President Donald Trump bolted from a nuclear deal. The sanctions bring back the punitive measures that were imposed and then lifted by former …

Johannesburg, South Africa | AFP |  South Africa’s President Cyril Ramaphosa on Thursday sacked the head of the country’s tax collection agency, an ally of scandal-tainted former leader Jacob Zuma, said the presidency. The president dismissed Tom Moyane after a judiciary inquiry recommended his immediate removal “to forestall any further …

Kampala, Uganda | THE INDEPENDENT | The Independent Publications Ltd (IPL) seeks to fill the following vacant position: ADVERTISING MANAGER Job Title:     Advertising manager Organisation: The Independent Publications Ltd (IPL) Duty Station: Kampala Reports to: General Manager About IPL: Independent Publications Limited (IPL), Publishers of The Independent Magazine the leading …

Kampala, Uganda | THE INDEPENDENT | For the first time, Uganda registered USD 122 million trade surplus with Kenya, with exports worth USD 628 million to and imports worth USD 505 million. Uganda had in the previous year exported goods valued at USD 475 million and imported goods valued at USD …

Kampala, Uganda | ISAAC KHISA | Micro, Small and Medium Enterprises are the engines of many economies including Uganda and therefore need bank’s help to thrive and grow, according to Prof. Chris Ogbechie, a strategic management don at Lagos Business School and former Chairman of the Nigerian-based Diamond Bank Plc. Prof …