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Finance

New National Industrial Policy approved by cabinet

Trade Minister Amelia Kyambadde Cabinet has approved a new national industrial policy 2020 that will guide industrial growth for the next 10 years through increased state developmental role, reduced cost of production, and increased quality of raw materials for value addition.  According to trade minister Amelia Kyambadde, the policy consolidates the achievements of the National […]

Cyberattack confirmed:US

Cyberattack confirmed:US

The US government on Sunday confirmed that its computer networks had been hit by a cyberattack, as The Washington Post reported at least two departments including the Treasury had been targeted by Russian state hackers. “We have been working closely with our agency partners regarding recently discovered activity on government networks,” a spokesperson for the […]

UN raises $370 million for the emergency fund

UN raises $370 million for the emergency fund

More than 50 donors pledged money to the UN Central Emergency Response Fund (CERF), managed by the under-secretary-general for humanitarian affairs. The United Nations announced Tuesday it has raised more than $370 million for its emergency fund to help respond to crises in 2021. More than 50 donors pledged money to the UN Central Emergency […]

Education Sector review underway

Education Sector review underway

The Ministry of Education and Sports sector will today open this year’s review of its performance of the previous financial year 2019/20. The review workshop will end Thursday and will be held at Hotel Africana in Kampala with 120 participants attending physically on a representative basis and over 200 participants attending virtually on Zoom. The […]

Buhweju District Headquarters closed

Buhweju District Headquarters closed

The Buhweju district administration has closed its headquarters for seven days due to concerns of the increasing cases of COVID-19. The Chief Administrative Officer (CAO), Paul Walakira, in a letter dated December 01, 2020, to all the administration staff, said all the premises will remain closed for one week starting December 02. Walakira said the […]

COVID-19 US cases more than 11 million

COVID-19 US cases more than 11 million

Michigan and Washington are the latest US states to bring in strict measures to try and curb the spread of Covid-19. High schools and colleges are to halt on-site teaching and restaurants are prohibited from offering indoor dining in Michigan from Wednesday. Indoor restaurant dining is also banned in Washington State, and gyms, cinemas, theatres […]

Dr. Nabukenya is Makerere’s new acting deputy VC finance

Dr. Nabukenya is Makerere’s new acting deputy VC finance

Dr. Josephine Nabukenya has been appointed acting Deputy Vice-Chancellor of Makerere University, in charge of Finance and Administration, for a period of one year; until a substantive Deputy is appointed. Nabukenya was appointed this week by the Chancellor Prof. Ezra Suruma; to deputise Prof. Barnabas Nawangwe. Prof. Suruma’s instructions are grounded in powers vested in […]

URA to refund billions in illegal taxes

URA to refund billions in illegal taxes

The Court of Appeal has ordered that Value Added Tax charged on imported goods at a rate of 15% by the Uganda Revenue Authority (URA) is illegal. VAT is a tax on the value added at each stage of the production and distribution process and on the importation of goods. Through Birungyi, Barata & Associates, […]

Ivory Coast president reelected

Ivory Coast president reelected

Ivory Coast President Alassane Ouattara was reelected to a contested third term, electoral authorities said Tuesday, after a vote marred by deadly unrest and a boycott by the opposition who promised to set up a rival “transitional” government. The standoff pitches francophone West Africa’s top economy deeper into a crisis that erupted in August when […]

EC boss urges aspirants to keep time

EC boss urges aspirants to keep time

Byabakama noted that if an aspirant comes late they will not allow him or her to eat into the allotted time of the one who will have complied with time observation. The Electoral Commission (EC) chairman, Justice Simon Byabakama, has appealed to presidential aspirants for the 2021 elections to keep time for the two-day nominations […]

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