Tag Archives: Business

Kampala, Uganda | THE INDEPENDENT | A sobering analysis of Uganda’s businesses during coronavirus crisis shows that at least 100,000 formal jobs have been cut revealing the scale of the carnage the virus has had on employment. Also, at least 4.4 million workers in the informal sector will either see their …

  Kampala, Uganda | THE INDEPENDENT | The business environment worsened in April with company owners not hoping for quick recovery anytime soon according to the April Purchase Managers Index (PMI). The survey which asks business managers about their operations said in a report for April that business activity came …

Kampala, Uganda | THE INDEPENDENT | The Minister of Trade, Industry and Cooperatives, Amelia Kyambadde has come out to clarify on some of the presidential directives issued. Addressing the nation on Tuesday, President Museveni allowed food markets, wholesale, hardware shops, metal works, woodworks, warehouses, insurance providers, 30 lawyers to be …

  When the first cases of coronavirus were detected in December 2019, no one could have ever predicted that it would lead to a pandemic. AZA Trading Desk Manager,  Mungai Murega shared insights with The Independent on the  economic toll of COVID-19 and potential ways in which African businesses can …

COMMENT | Michael Jjingo | Should the prudent entrepreneur prepare and position the business for the impact of the corona virus? True, many have speculated about the current corona virus outbreak sparking an economic recession and reversing the gains that the business community has harnessed over time. The moment is …

COVER STORY | THE INDEPENDENT TEAM |  As the coronavirus pandemic ravages the globe, countries are scrambling to protect citizens financially, cushion businesses and companies, and ensure their economies do not fail from the fallout. This is because the coronavirus pandemic is not only straining the world’s health sector, businesses …

  Kampala, Uganda | THE INDEPENDENT | The Minister of Trade, Industry and Cooperatives Amelia Kyambadde has said that shops that are not within markets should not be closed. She also warned Police and Local Defence Units (LDU) teams to stop beating people, and urged traffic officers to refer those …

The financing gap to achieve the SDGs; between $500bn and $1.2tn, is beyond what many states can deliver COMMENT | KARNIKA YADAV | There is only one road left to achieving the Sustainable Development Goals (SDGs) set for Africa for 2030 and that’s through sustainable businesses. The sluggish progress to …

Kampala, Uganda | THE INDEPENDENT | Centenary Bank has signed a Loan Portfolio Guarantee agreement with the African Guarantee Fund worth US$10million to fund SMEs in Uganda. The 5-year partnership aims to unlock financing intended to facilitate the promotion and growth and development of Small and Medium sized Enterprises. Fabian …

Mukono, Uganda | THE INDEPENDENT  |  Business grounded to a halt at Kame Valley Market in Mukono municipality following a dispute between the management and weekly vendors. The vendors who operate on Tuesday set up stands and tables to display their commodities at Kame valley market and the section of the …