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Uganda Airlines And Rolls-Royce Enter New Deal

Uganda Airlines And Rolls-Royce Enter New Deal

The Uganda Airlines has entered a new deal with British carmaker Rolls-Royce. The deal is connected to the two new Airbus A33oneo Aircrafts powered exclusively by Rolls-Royce Trent 7000 engines. A statement released by the British company will see the Uganda Airlines aircraft engines maintained. ‘’This agreement will give Uganda Airlines a secured cost of operating and maintaining their Trent ...

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Ruparelia Group Secures Contract To Build Shs38 Billion UMEA Complex

Ruparelia Group Secures Contract To Build Shs38 Billion UMEA Complex

Ruparelia Group through its Construction Company VCON has been awarded a contract to construct a project for Uganda Muslim Education Association-UMEA after emerging the best bidders out of 14 other companies that expressed interest. Vcon Construction (U) Ltd in partnership with Ambitious Construction Limited Joint Venture has been awarded a contract by UMEA for construction of a residential and commercial ...

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Capital Markets Authority And Uganda Manufacturers Association Sign MOU To Increase Long Term Financing For Manufacturers

Capital Markets Authority And Uganda Manufacturers Association Sign MOU To Increase Long Term Financing For Manufacturers

In a bid to expand long-term financing for manufacturers across the region, Capital Markets Authority and Uganda Manufacturers Association have signed a partnership to further business operations. UMA Executive Director Daniel Birungi says the memorandum of Understanding between two institutions will address the lack of long-term credit for manufacturers. “The memorandum of Understanding between Capital Markets Authority and Uganda Manufacturers ...

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Taxes On Bank Withdrawals Cant Be Imposed Without Parliament Approval, Bahati

Taxes On Bank Withdrawals Cant Be Imposed Without Parliament Approval

Hon. David Bahati, The Minister of state for finance has assured Ugandans that taxes on bank withdrawals are not yet imposed. This is because for the taxes to be imposed, Parliamentary approval is needed. This response came as a result of a complaint raised by the Kassanda North MP, Hon. Patrick Oshabe. Oshabe said there was a plan to impose ...

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Government May Soon Tax Your Cash Withdrawals From Banks

Government May Soon Tax Your Cash Withdrawals From Banks

The government through the ministry of finance is working out a plan to start taxing cash withdrawals from commercial banks, Newslexpoint.com has learned. A letter dated February 9, 2021, by Patrick Ocailap, the deputy secretary to the treasury in the Ministry of Finance has written to the Governor, Bank of Uganda seeking an opinion and data not later than Friday, ...

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