Business

At the ceremony, Uganda Clays officially offered half an acre of land for the construction of St. Barbara Catholic Sub-Parish Church as a replacement for the St. Barbara Chapel that has been housed inside the company premises since the establishment of the company Kajjansi, Uganda | THE INDEPENDENT | Archbishop …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank, Uganda’s leading commercial microfinance bank, has reaffirmed its commitment as a platinum sponsor by pledging its active participation in the 2025 Rotary Cancer Run at St. Francis Hospital, Nsambya. The commitment was made at the launch of the 2025 edition of the …

MOMBASA | Xinhua | Kenya’s main seaport, the Port of Mombasa, said Thursday that it handled 41.1 million tonnes of cargo in 2024, a 14.2 percent increase from 35.98 million tonnes in 2023. Managing Director of the Kenya Ports Authority (KPA) William K. Ruto said the growth was buoyed by …

Kampala, Uganda | THE INDEPENDENT | Roke Telkom, a home-grown telecommunications and cloud solutions provider has today announced its partnership with the Black Pirates Rugby Club with over Ushs. 450 million Uganda shillings sponsorship for the Club, ahead of the upcoming Rugby season. This sponsorship aims to promote the growth …

KAMPALA, UGANDA | THE INDEPENDENT | The Bank of Uganda has reduced the frequency of the review of the Central Bank Rate, to allow for more comprehensive economic analysis and enhanced forecasting accuracy. This, the Bank says, will in turn enable the management to “build upon our established track record of …

Owners or importers will be required to pay a total of 714,300 shillings for the digital registration plate, while replacing an old plate with a new one costs 150,000.  Kampala, Uganda | THE INDEPENDENT | Monday, January 6, marked the rollout of the third phase of the Motor Vehicle Digital …

WASHINGTON | Xinhua | U.S. President Joe Biden on Friday blocked Japan’s Nippon Steel’s proposed acquisition of U.S. Steel, citing national security concerns — a decision that economists say could hurt American steelworkers and the U.S. economy. In response, Japan’s Minister of Economy, Trade, and Industry Yoji Muto described the …

NAIROBI, KENYA | Xinhua | It was just past midday when Richard Muthie stood at the gate of the Mutira Farmers’ Cooperative Society coffee factory, ready to deliver his harvest. Along with the 50-year-old farmer were 30 kg of ripe, red coffee berries freshly picked by him earlier that morning. …

Kampala, Uganda | THE INDEPENDENT |  Electricity consumers in Uganda will pay an average 5.2 percent less on electricity over the next three months, following a revised tariff schedule by the Electricity Regulatory Authority (ERA). The review was made possible by the ease in the parameters that determine the cost …

Kampala, Uganda | THE INDEPENDENT | Traders at Arua Bus Park in Kampala are counting losses after fire gutted Nyumba Kubwa plaza on Thursday. The fire left the whole of the second floor burnt. Arnold Muwanguzi said all their shop filled with building paint were reduced to ashes. Godfrey Katongole, …