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 …
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UPDATE 🔺 September 23rd – new COVID-19 cases 167 🔺 Total confirmed cases 6,879. 🔹 Total Deaths: 69 🔸Total Recoveries: 2,961 Kampala, Uganda | THE INDEPENDENT | The Ministry of Health has today announced 167 new COVID-19 cases in Uganda. This brings the cumulative number of reported cases in the country to 6,879. According to …
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Kampala, Uganda | THE INDEPENDENT | Kapchorwa general hospital has halted services across departments after 50 of its staff members tested positive for coronavirus disease. The hospital is only open for emergency cases like accidents and deliveries according to a notice issued by the Kapchorwa district Chief Administrative Officer Simon …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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The Independent Uganda: You get the Truth we Pay the Price
