URBRA’s Nsubuga says “we think that this lump sum payment is not attractive” Kampala, Uganda | THE INDEPENDENT | The pensions sector regulator URBRA insists that the decision to allow savers to withdraw up to 20 percent of their savings to cater for emergency financial distress was wrong and could …
Read More »Uganda Breweries offers special skills training to 2,000 hospitality staff
Kampala, Uganda | THE INDEPENDENT | Uganda Breweries Limited (UBL) has announced plans to upskill over 2,000 individuals employed in the hospitality sector to elevate industry standards. The training will be provided under the Diageo Bar Academy, a global program that benchmarks international best practice to enhance the skills and …
Read More »COMMENT: We must encourage more employees to embrace voluntary retirement saving
“Not everyone who retires has difficulties with the transition, but those that have not planned are at a greater risk of mental and physical health problems” COMMENT | Lydia Mirembe | “It would be quite disheartening for an employer to find their retired employee living in despicable conditions. Every employer should …
Read More »SEATINI makes recommendations on transition from fossil fuels to renewable energy
Kampala, Uganda | JULIUS BUSINGE | Africa needs to find its own solutions to find a win in transiting from the use of fossil fuels to renewable energy sources. This is the summary of the paper titled; “Understanding of the energy transition from an Afrocentric perspective,” written by Brendah Akankunda, Jane …
Read More »Helpful terms to know about before starting a business
SPECIAL FEATURE | BUSINESS | Starting a business is no easy task. There are so many things to consider – from the initial planning stages to marketing and advertising your business, to maintaining it once it’s up and running. One of the most important aspects of starting a business is …
Read More »Kasese farmers count losses as Banana Bunchy Top Virus ravages plantations
Kasese, Uganda | THE INDEPENDENT | Farmers in Kasese District are counting losses following the outbreak of the Banana Bunchy Top Virus (BBTV) disease. The disease was detected in 2020 and in July, the Ministry of Agriculture raised a red flag when the disease caused havoc on banana plantations in …
Read More »EMYOOGA: Sembabule explains their poor recovery of Emyooga Funds
Sembabule, Uganda | THE INDEPENDENT | Poor timing in the release of funds to beneficiaries of the Presidential wealth creation initiative- also known as Emyooga has been blamed for the low recovery of the program funds in Sembabule district. Under the arrangement, the government, through the Ministry of Microfinance, mobilized …
Read More »IMF confident that Uganda, Rwanda economies to grow faster next year
Kigali, Rwanda | THE INDEPENDENT | Rwanda and Uganda will lead East African Community’s growth next year, but the International Monetary Fund warns of tough times ahead. The tough times are being projected as a result of the tightening of economic policies, especially by the US whose Central Bank, the …
Read More »Is the job market ready to absorb the thousands who graduate every year?
n Invest in structured graduate training programs to scale-up employment opportunities COMMENT | SHIRLEY BIRUNGI | Every year, the education news headlines usually focus on the tens of thousands graduating from the various universities. This, after the graduands receive their certificates, diplomas, bachelors, and any other form of accreditation upon completing …
Read More »Karamoja environment at risk as reformed warriors turn to charcoal burning
Moroto, Uganda | THE INDEPENDENT | Efforts by the government and other development partners to protect the remaining trees in Karamoja may be futile as hundreds of reformed Karimojong rustlers have shifted their focus to charcoal burning for survival. Our reporter conducted a mini-survey in the six districts of Karamoja last …
Read More »