By Isaac Senabulya on November 2, 2017
Energy Minister Hon. Eng. Irene Muloni, Ephraim Kamuntu, Hon. Anite Evelyn, Museveni arab, ongoing 4th Global Business Forum on Africa, President Museveni
Business news, Featured
President Yoweri Museveni used his time at the sidelines of the ongoing 4th Global Business Forum on Africa to reach out to various investors based in Dubai, urging them to exploit the great investment opportunities Uganda and the region offers to do business with the continent. “Since you are business people, we must be talking […]
By Gerald Businge on August 29, 2017
Bank of Uganda, committee chaired by Abdul Katuntu, Committee Commissions, Cooperative Bank, defunct banks, Emmanuel Tumusiime Mutebile, Global trust bank and National bank of commerce, Governor Bank of Uganda, Green land bank, International credit bank, Statutory Authorities and State Enterprises
Business news, Latest Uganda News
Members of Parliament sitting on the Committee Commissions, Statutory Authorities and State Enterprises have demanded liquidation and non-performing assets status reports of the defunct banks. The five defunct banks include Cooperative bank, Green land bank, International credit bank, Global trust bank and National bank of commerce. The committee chaired by Abdul Katuntu noted that although […]
By Isaac Senabulya on August 24, 2017
Alex Ruhunda, Bunyoro sub region, Dicksons Kateshumbwa., Kinyara Sugar Works, MP for Fort portal Municipality, Parliamentary Committee of Trade and Industry, Uganda Investment Authority (UIA), Uganda Revenue Authority (URA), URA commissioner in-charge of customs
Business news, Latest Uganda News
Members of Parliament sitting on the Parliamentary Committee of Trade and Industry have accused some Uganda Revenue Authority (URA) whom they say connive with some new sugar factories to help them evade taxes. The Committee Chaired by the MP for Fort Portal Municipality, Alex Ruhunda, while interfacing with the officials from the URA and Uganda […]
By Isaac Senabulya on August 22, 2017
12th Private Sector Foundation Uganda (PSFU) Trade facilitation expo 2017, at UMA exhibition hall, Bank of Uganda Governor, Bank of Uganda’s Deputy Director in Charge of Economic Research, Buy Uganda Build Uganda (BUBU), David Sajjabi, East African Community, East African Community Customs Union Protocol, Emmanuel Tumusiime Mutebile, Executive Director Private Sector Foundation Uganda, Gideon Badagawa, Kenya, protectionist trade policies, Rwanda
Business news, Latest Uganda News
Bank of Uganda Governor, Emmanuel Tumusiime Mutebile, has once again come out to reject government’s policy commonly referred to as Buy Uganda Build Uganda (BUBU) saying the country risks jeopardizing its success in exporting to regional markets through such protectionist trade policies. Mutebile said this in a speech read on his behalf at the ongoing […]
By Isaac Senabulya on August 21, 2017
African Fine Coffee Association, Director Quality and Regulatory Services at the Authority, Edmund Kananura, Uganda Coffee Development Authority (UCDA)
Business news, Latest Uganda News
The Uganda Coffee Development Authority (UCDA) has revealed that the production of coffee in the country has drastically increased over the past one year. Addressing journalists at the media center ahead of the country’s first coffee competition auction, the Director Quality and Regulatory Services at the Authority, Edmund Kananura, said last year alone over 4.3M […]
By Isaac Senabulya on August 21, 2017
a renowned economist, foreign direct investments, government, international tax expert, investors, Logan Wort, Ramathan Goobi, tax incentives
Business news, Latest Uganda News
Government has been challenged to create a clear framework to manage foreign direct investments in the country rather than do away with tax incentives to potential investors. According to an international tax expert, Logan Wort, tax incentives given to investors are wasteful because they make the country lose more revenue, thus crippling the economy. However, […]
By Isaac Senabulya on August 21, 2017
Afritel, Annet Nyakecho, application programming interface (API), Gideon Onyango of Samia Bugwe, K2 and Airtel, K2 Telcom’s Corporate and Communication Affairs Manager, Kampala Central's Muhammad Nsereko, Kato Lubwama of Lubaga South, Livingstone Kiataka, Member of Parliament for Rubaga South, Mr.Wim Vanhelleputte, MTN, MTN Chief Executive Officer, National Identification and Registration Authority, Parliamentary Committee on ICT and National guidance chaired by the Tororo County MP, Paul Kato Lubwama, telecommunications companies of MTN
Business & Economics, Business news, Latest Uganda News
MTN has revealed that it will switch off unregistered customers even before the government’s deadline of 30th August 2017. The announcement comes as the deadline for simcard registration extended by government in April this year clocks down to only 9 days. This was revealed by the MTN chief executive officer, Mr.Wim Vanhelleputte, while appearing before […]
By Isaac Senabulya on August 8, 2017
Alex Ruhunda, Director Madhvani Group, Jim Mwine Kabeho, MP for Fort portal Municipality, Parliamentary Committee on Trade, Tourism and Industry, Uganda Sugar Manufacturers Association (USMA)
Business news, General, Latest Uganda News
Sugar companies under the their umbrella group the Uganda Sugar Manufacturers Association (USMA) have petitioned Parliament put stringent measures on the sugar bill with a tough clause barring sugar factories away from unrecomended areas. The sugar companies members were appearing before the Parliamentary Committee on Trade, Tourism and Industry chaired by the MP for Fort […]
By Gerald Businge on July 27, 2017
2017-2018 budgets, Doris Akol, GDP growth, stable inflation rate, the URA commissioner general, Uganda Revenue Authority (URA)
Business news, Latest Uganda News
The Uganda Revenue Authority (URA) has described this financial years revenue collection target is stretching and ambitious. In the 2017-2018 budgets the URA is expected to collect 15 trillion on assumptions over 6% GDP growth, stable inflation rate, increasing private sector credit growth above the current 4.4% and others. Speaking to media today, Doris Akol, […]
By Gerald Businge on July 22, 2017
business ventures, certified client relationship managers, Head of Retail Banking, infinite debit card offers complementary access to over 800 airport lounges worldwide, investing in local and international bonds for higher returns., Israel Arinaitwe, multi- travel insurance cover and extended warranty on purchased items, Standard Chartered Bank
Business & Economics, Business & Finance, Business news, Finance, Latest Uganda News
Standard Chartered Bank has re-launched some of its services to enable its clients access financial solutions with ease. Some of the services re-launched include visa infinite debit card usage and advising the customers on their wealth and property management. The Head of Retail Banking, Israel Arinaitwe, says that the visa infinite debit card offers complementary access to over […]