In The Magazine

But there was an increase in expenses on input and wholesale services, salaries and taxes Kampala, Uganda | ISAAC KHISA | Uganda’s telecom sector has posted the highest total quarterly revenues on record, crossing the Shs1 trillion mark amidst the ravaging coronavirus pandemic, according to the latest Uganda Communications Commission …

Oil and gas explorer says ‘potential liquidity shortfall’ threatens ability to pass lenders’ test | THE INDEPENDENT | Tullow Oil plc has warned it risks defaulting on a debt facility if it does not resolve a potential liquidity shortfall, as it slumped to a $1.4 billion pre-tax loss for the …

The lender will now focus on technology usage, human resource capabilities and credit earnings from agriculture, manufacturing sectors to drive growth Kampala, Uganda | JULIUS BUSINGE | Bank of Baroda Uganda Limited, a subsidiary of Bank of Baroda, India is focusing on investing in technology to offer efficient and timely …

It is a great concern that like all other sectors of the economy, the coronavirus crisis has hit our media houses hard. COMMENT | CYRIL RAMAPHOSA | Dear Fellow South African, in many countries around the world, the coronavirus pandemic has required the limitation of many civil liberties and put …

Majority of the respondents do not anticipate demand for their products to increase until after 2021 Kampala, Uganda | JULIUS BUSINGE | Several businesses are cancelling planned investments as a measure to survive the negative economic impact caused by COVID-19 pandemic, according to a new report published by the Institute …

URA’s legal win means benefits will be subjected to PAYE Kampala, Uganda | JULIUS BUSINGE | It is now official that workers who will be paid benefits as a result of retrenchment will be subjected to Pay as You Earn tax – which is 30% of the total earnings. This …

Shutting down more than 200 refugee aid agencies is an indication to the world that the country cannot manage continuous inflows of refugees ANALYSIS | CRISTIANO D’ORSI | The Ugandan government recently suspended the operations of 208 refugee aid organisations. The organisations were suspended over non-compliance with Ugandan regulations. Only …

Why more Ugandan farmers aren’t adopting it | HYEJIN LEE | Maize is one of the most important cereal crops in Uganda. In particular, smallholder farmers rely on it for food and as a cash crop. They also grow it as an important export crop. Over the years, total maize …

Local entrepreneurs remain cautious Kampala, Uganda | RONALD MUSOKE | Following the signing of the host government agreement with Uganda on the weekend of Sept.11, senior officials from the French oil major, Total, say they are now ready to move faster project activities that will ensure Uganda produces first oil …

‘Theft doesn’t even stop during a pandemic’ | THE INDEPENDENT | Doctors have gone on strike over a lack of protective equipment, and protesters have taken to the streets in anger at the abuse of medical funds, many wearing T-shirts emblazoned with #arrestCovidthieves. Public uproar in Kenya in recent weeks …