cash

Workers’ MP Sam Lyomoki released

Workers MP Dr Sam Lyomoki is a free man after court granted him bail this evening. Lyomoki was ordered to pay 10 million shillings not cash and his sureties will pay 20million shillings not cash. He has also been ordered to deposit his passport at court. Mps Gerald Karuhanga, Barnabas Tinkasimire and Muwanga Kivumbi stood […]

Traders complain about Kenya non cash bond policy for Uganda

Traders complain about Kenya non cash bond policy for Uganda

As the business community continues to grapple with cash bond issues, the private sector is calling for tax education on non-tariff barriers.   This follows reports that authorities in Kenya implemented a cash bond on goods destined to Uganda, which caused discomfort among the business community in the country but later withdrew after negotiations with […]

Uganda protests to Kenya

Uganda’s Minister of Trade, Industry and Co-operatives, Amelia Kyambadde has protested to Kenya’s ministries of Trade and Industry threatening retaliatory measures against Kenyan imports to Ugandaif the recent cash bond regulation issued is not withdrawn. “I have been informed by theUganda business community that Kenya Revenue Authority (KRA), under notice CUS/L&A/LEG/1, has unilaterally decided on […]

Uganda-Kenya relations goes bad

The long business relationship between Uganda and Kenya have finally come to a standstill after the Ugandan traders under their umbrella body, Kampala City Traders Association (KACITA) resolved to suspend using the Kenyan Mombasa port. The development comes after the introduction of cash bond tax by the Kenyan Revenue Authority (KRA) something that has seen […]

Pangolin scales on high demand, people with it swim in cash

  People in possession of pangolin (Lugave in Luganda) scales now have all reasons to smile as a kilogramme of its scales costs 2.5 million shillings. The pangolin scales have a big market in China and India where the manufacturers there use them to make jewelries, ornaments and hand-held weapons. Uganda Wildlife Authority (UWA) Spokesperson […]

Bobi Wine is trouble over police cash

Ugandan heavy weight musician, Bobi Wine is not in good terms withUgandapolice currently, at least we have been informed. Sources in police have told our informers that the singer has not paid for the police services which he reportedly hired during his recent music gala which took place at One Love Beach Busabala inKampala. It […]

Uganda Rvenue Authority closes cash offices

It seems Uganda Revenue Authority is copying a seed from National Water and Sewerage Corporation (NWSC). This is because after NWSC closed all its cash offices across the country for electronic payments, Uganda Revenue Authority is also phasing out its cash offices. Electronic payments are a new phenomenon in Uganda. In fact it was launched […]