Economy

President Kenyatta is delighted to have unveiled the new generation coins at the CBK today. The nation of Kenya has come a long way in making this big change, in line with our Constitution. Check also: World Bank Said Africa Will Never Grow Unless Nigeria Grows I applaud the CBK for finally making this a reality. A nation’s currency is not ...

This morning, president Museveni addressed the “Sustainable Blue Economy” conference in Nairobi, Kenya. He first had reservations about this summit, fearing that it was another of cliche arrangements spearheaded by our external friends. Check also: Position Ugandan Youth In Farming To End Poverty – Bommel Tells Government However on deep scrutiny, Museveni noticed this is about our survival, linked with the ...

Uganda Revenue Authority ( URA ) has recorded a Shillings3.7 trillion as it’s net revenue collection for end of September quarter. Check also: Social Media And Mobile Money Tax Bring A Huge Decline In URA Revenues The data from URA indicates that the tax collector exceeded it’s target by Shs127.1 billion on surplus accounts in both International and domestic taxes. The ...

The Uganda Revenue Authority ( URA ) has reported declines in the collection of revenue from the two controversial bills that were hit on us mid this year and that’s the mobile money tax and (OTT) which is basically intended to regulate the use of social media in Uganda. Check also: The Gov’t Avoids Social Media Tax Discussions-Bobi Wine URA claims ...

Bank Of Uganda ( BOU ) governor Tumusime Emmanuel Mutebile and his deputy Louis Austin Kasekende were kicked out of parliament later on Thursday allegedly for presenting falsehood during the hearing of why several inactive banks were closed by a selected group of MPs who were named commissions statutory authorities and state enterprises (cosase). Check also: Here’s Why Bank Of Uganda ...