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 …
Read More »FULL STATEMENT: Prof Nawangwe on Makerere fire
Kampala, Uganda | THE INDEPENDENT | Following the fire that gutted the Makerere Main Administration block, Vice Chancellor Prof. Barnabas Nawangwe has issued a statement outlining what happened, and plans ahead. He promises that the fire will not consume plans to revive the glory of the ‘Ivory Tower’. FULL …
Read More »Businesses canceling planned investments
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 …
Read More »No tax relief for retrenched workers
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 …
Read More »What next after Uganda suspends refugee agencies?
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 …
Read More »Drought tolerant maize
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 …
Read More »Total promises to fast track Uganda oil project
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 …
Read More »The real thieves of teachers’ money
THE LAST WORD: The real story of how teachers’ money was stolen and how the wrong guys were framed and jailed THE LAST WORD | Andrew M. Mwenda | On September 9, all major news outlets in Uganda ran a screaming headline: `Microfinance Support Centre officials charged with embezzlement’. It …
Read More »Are we ready for more COVID dead?
INEVITABLE COVID DEATHS: Here’s why government thinks it is ready Kampala, Uganda | THE INDEPENDENT | Case. Fatality. Rate. That is a measure of how many people die when struck by a disease. And it is one of the most important numbers the Ministry of Health is now looking at …
Read More »MUSEVENI: Schools re-open for finalists on October 15
✳ Schools to re-open for finalists ✳ Border district restrictions ✳ Curfew will be maintained ✳ Places of worship to resume with SOPs ✳ Sports reopen with no spectators ✳ Bars remain closed Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said the country is now ready to …
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