KAMPALA – Members of Parliament on the Finance Committee have called upon Ugandan manufacturers to adhere to the country’s taxation regime, particularly regarding Digital Tax Stamps (DTS). The call came during a recent meeting with representatives from the Private Sector Foundation Uganda (PSFU), who raised concerns about the impact of DTS on the manufacturing sector. […]
KAMPALA – Once the construction of the East African Crude Oil Pipeline is completed, the 1,443-kilometer-long line electrically heated pipeline will transport crude oil from Kabaale in Hoima district, western Uganda, to the seaport of Tanga in Tanzania. The EACOP shall be fed by 2 feeder pipelines. A 95 km feeder pipeline from the Central Processing […]
CAPTION: One of the trucks loaded with charcoal impounded by UPDF personnel during implementation of Executive Order No 3.By Our reporterAMURU – Suspicion is brewing about possible connivance by some Uganda Revenue Authority (URA) personnel regarding the issuance of seals to aid the easy movement of charcoal by commercial dealers out of Northern Uganda.Uganda People’s […]
By Our reporterKAMPALA – The government is to make ten million new electricity connections through both grid and off-grid, to achieve universal access to electricity by 2030.Speaking at the Power Forum held on October 30, 2024, at Mestil Hotel in Kampala, the Ministry’s Permanent Secretary, Eng. Irene Pauline Bateebe emphasized the need for innovative approaches to […]
CAPTION: Centenary Bank’s Managing Director, Fabian Kasi, (2nd right) exchanges documents with the Regional Director Africa, Water.Org Francis Musinguzi, (2nd left) in Kampala October 30th 22024. By Our reporter KAMPALA – Centenary Bank has entered into partnership with Water.org aimed at developing a water supply and sanitation (WASH) program for a wash loan product […]
CAPTION: Businessman Sudhir Ruparelia By Our reporter The purpose of depositing the security of costs by Crane Bank and its shareholders was that in case they lost the ongoing case in London of about Shs825b, there would be a fallback. The High Court of Justice Business and Property of England and Wales King’s Bench […]
PARLIAMENT – The Leader of the Opposition (LOP), Hon. Joel Ssenyonyi has raised concerns over the government’s Shs723.4 billion investment in Dei BioPharma Ltd, a private pharmaceutical firm.Ssenyonyi who presented a report following an oversight visit to the firm, called for greater accountability and transparency regarding the use of taxpayers’ money in the pharmaceutical company, […]
By Our reporterKAMPALA – The Head of the State House Investors Protection Unit (SHIPU), Col. Edith Nakalema has urged miners to protect and promote the sector in order for the country’s economic growth, industrialization, job creation and increased foreign exchange. “Today’s meeting is a pivotal moment for Uganda’s mining sector. Together, we have the opportunity to […]
By Patra AmitoKAMPALA – Airtel Mobile Commerce Uganda Limited (AMCUL) has finalized the three-month nationwide rewards campaign, Vroomula Amajja, a transformative initiative designed to reward Airtel Money customers and agents while promoting the shift towards a cashless economy in Uganda.Launched in July, the Vroomula Amajja campaign was unveiled to appreciate Airtel customers’ loyalty and promote […]
