Business

  Kampala, Uganda | THE INDEPENDENT | Ninety five refugees have completed training in hotel and tourism management. This is part of on partnership on Inclusive Jobs and Education for Host Communities, Refugees, and other Forcibly Displaced Persons, a joint initiative of ILO, the UN Refugee Agency (UNHCR), UNICEF, the …

Kampala, Uganda | THE INDEPENDENT | Uganda’s year-on-year average inflation rates have steadily decreased, with the reduced price increments of onions, maize flour, and sugar over the past 12 months, ending in October 2023. According to the latest report released by the Uganda Bureau of Statistics (UBOS), the average inflation …

Kampala, Uganda | THE INDEPENDENT | The acting Governor Bank of Uganda (BOU) Michael Atingi-Ego has urged savers in the country to always entrust their savings to regulated financial institutions only. “The only way to preserve and grow the value of your money is to earn a return greater than inflation. …

Kampala, Uganda | THE INDEPENDENT | Fish maw traders have protested against high taxes being imposed by the government on fish maw consignments This was contained in a petition delivered on Tuesday to Parliament’s Committee on Agriculture, Animal Industry, and Fisheries by the Fish Maw and Traders Association Uganda Limited. …

Kampala, Uganda | PATRICIA AKANKWATSA | In a concerted effort to champion women’s economic empowerment in Uganda, the Uganda Bankers’ Association (UBA), in collaboration with VISA, hosted a pioneering forum at Mestil Hotel in Kampala on Oct. 24 underscoring the pivotal role of enhancing women’s access to tailored financial services and …

Kampala, Uganda | THE INDEPENDENT | Artificial intelligence could help make it easier to build chemical and biological weapons, United Kingdom Prime Minister Rishi Sunak has warned through a BCC news report. In a worst-case scenario, society could lose all control over AI, preventing it from being switched off, Sunak said. …

Kampala, Uganda | THE INDEPENDENT | Former Finance Minister Prof Ezra Suruma is proposing a referendum to determine how the oil revenue should be utilized. According to Suruma, this is one of the ways Uganda can achieve social protection which involves preventing, managing, and overcoming situations such as poverty, poor …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority-URA has secured a gadget that enables customs officials to ascertain the origin of imported rice, to curb tax evasion. This comes amidst reports of increased rice imports from other regions through Tanzania, hence illegally gaining from the East African Community Common …

Kampala, Uganda | THE INDEPENDENT | The International Trade Centre and European Union have announced a business acceleration project for young entrepreneurs in the Ugandan film industry. Dubbed ‘Opportunities are Here’ (OAH), the project will focus on boosting the Ugandan film industry to provide young talents in Uganda with specialised mentoring, …

Xi announces 8 new priorities, continues push for global influence ANALYSIS | AGENCIES | China’s Belt and Road Initiative, which now includes 44 African countries, got under way 10 years ago. President Xi Jinping launched it in 2013 with a first speech in Kazakhstan and a second one in Indonesia. The …