Business •
03 May '26
The Uganda Investment Authority (UIA) has announced plans to transform Kapeeka Industrial Park, in Nakaseke district, into a one-stop centre and a district industrial hub.Established 20 years ago as Liao Shen Industrial Park, the facility boasts 34 factories of the total 80 target and has
Business •
03 May '26
Kampala, Uganda | THE INDEPENDENT | Devon Petroleum SMC LTD has officially entered Uganda’s downstream petroleum sector with the launch of six fuel stations, positioning itself to compete in an increasingly crowded market where oil marketers are racing to expand retail networks, strengthen cust
Business •
03 May '26
Traders at Bugolobi Market in Kampala have raised concerns over the rising cost of fuel, saying it has significantly increased transport expenses and forced them to hike prices of essential goods.The vendors, including food sellers, banana dealers, butchers, fruit traders and boda boda cyc
Business •
03 May '26
As it is always said, the goodness of someone will not be felt until that person disappears. Mr President, that is what we are now feeling after the departure of UMEME from managing Uganda’s electricity power.At first, Ugandans hated UMEME due to its own mistakes that the supplier had co
Business •
03 May '26
Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London found that the government “wrongfully terminated” a railway concession agreement.The dispute arises from a regional
Business •
02 May '26
Evicted garage owners, mechanics, and welders in Ntungamo Municipality have appealed to authorities to extend essential services to their new area of operation following their relocation under the recently implemented Trade Order.The concerns were raised during a meeting held today at Red
Business •
02 May '26
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
Business •
02 May '26
The Ministry of Energy and Mineral Development has fired the Uganda Electricity Distribution Co. Ltd (UEDCL) Board chairperson, Ms Lydia Ochieng Obbo and placed its managing director, Mr Paul Mwesigwa, on forced leave over alleged regression of the company.In a statement issued on Saturday
Business •
02 May '26
The images capture visible progress along the channel, including reinforced concrete structures, expanded drainage sections, and orderly construction works stretching through the central business district.Once known for flooding, congestion and poor sanitation, the area is steadily changin
Business •
01 May '26
As Ugandans mark Labour Day, industrial parks continue to play a key role in creating employment opportunities for both skilled and unskilled workers across the country.Sino Mbale Industrial Park, located in eastern Uganda and covering 2.51 square kilometres, hosts 82 factories and employ