Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
The Ugandan Mission in Abuja, Nigeria, is allegedly facing a financial crisis after its accounting officer, Mr Eriya Tusubira, was reportedly asked to return to Kampala. The Mission accuses Mr Tusubira of being absent from his post for more than six months and exhibiting unbecoming behav
Tanzania is advancing plans to expand its natural gas exports to neighbouring countries, including Uganda, Kenya, the Democratic Republic of the Congo (DRC), and Zambia, as it continues its ambition to become a regional cooking energy powerhouse.
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Police in Kyotera district are investigating an armed robbery in which assailants stole 150 million shillings from Pulinali Semanda, a 53-year-old businessman and owner of Zavuga Coffee Investments.The incident oc
This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthday will coincide with
Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on.State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and
Wiese first got into alluvial diamonds in 1976 when he bought a mine along the Orange River.Christo Wiese, South Africa’s billionaire retail king, is going back to the future.The 82-year-old serial investor, who steered the expansion of both Africa’s biggest clothing reta
