Banking entities posted impressive growth in profit after tax during the year owing to the opening up of the economy and the subsequent growth in the private sector credit Kampala, Uganda | ISAAC KHISA | More than half of companies listed on the Uganda Securities Exchange recorded growth in profits in …
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Kampala, Uganda | THE INDEPENDENT | The oil and gas companies snubbed Uganda’s insurance industry when importing drilling equipment, which would have raised premiums worth more than one trillion shillings, according to a claim. Specifically, they point at the four drilling rigs that have so far been shipped into the country, …
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Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority has given companies more time to file their tax returns as businesses battle the impact of coronavirus that has seen several shut doors and send staff home. Companies, whose accounting year ends in September, and are unable to file corporation tax returns …
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Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) has approved US$483 million, equivalent to 1.7 trillion Shillings as recoverable costs by five oil companies. The companies are Tullow, Total, China National Offshore Oil Company (CNOOC), Armour Energy and Oranto. According to Ernest Rubondo, the Chief Executive of …
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Kampala, Uganda | RONALD MUSOKE | Stephanie Rivoal, the French Ambassador to Uganda spoke to The Independent’s Ronald Musoke on the relevance of this year’s Bastille Day theme and the current Uganda-France relations This year marks the 229th anniversary of Bastille Day and you are celebrating it under the theme: “1968: …
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In the last three years, seven have applied but none has met the criteria Kampala, Uganda | JULIUS BUSINGE | Listing on a stock market is a big step for any company. From being privately owned, it becomes public. This would imply that the company expands its operations using capital raised …
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Kampala, Uganda | THE INDEPENDENT | The International Trade Centre, a joint cooperation agency of United Nations Conference on Trade and Development (UNCTAD) and World Trade Organisation charged with the responsibility of development trade, has unveiled a new project aimed at increasing competitiveness of Uganda’s technology companies. Based in Geneva, …
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Kampala, Uganda | THE INDEPENDENT | It sounds like something out of a science fiction, but according to recent news reports, Chinese companies are using special helmets to monitor workers’ brain activity in order to reduce stress and manipulate break times so that they can produce more. Employee brainwave uses sensors …
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Kampala, Uganda | JULIUS BUSINGE | The Uganda Insurance Association (UIA) is sensitising importers of goods about marine insurance in a bid to complement efforts by the regulator –Insurance Regulatory Authority – in creating awareness and appreciation of the local purchase of this policy. This move is targeting different groups including; …
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Kampala, Uganda | THE INDEPENDENT | The roads to critical oil spots and installations will be in at least motorable state by the First Oil in 2020. This assurance has been given by UNRA’s Director of Design and Projects, Eng Isaac Wani, at the 4th Annual Oil and Gas Convention ongoing …
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The Independent Uganda: You get the Truth we Pay the Price
