Economy

Civil Society fraternity are demanding for urgent guidelines on tax waiver offered to private companies by government. They argued that current system and procedures implemented by government is too weak to prevent loss of tax payer’s money. “We demand for transparent and accountable guidelines to handle tax waivers. The current system being implemented by government organs is not clear,” Julius ...

Uganda Revenue Authority (URA) has named 817 companies that invading taxes since 2017 hence making the tax body fail from achieving tax collection targets. Cyprian Chillanyana, Assistant Commissioner Domestic Taxes and Business Policy in Uganda Revenue Authority named these companies while briefing the media in Nakawa. These companies include Munyonyo Commonwealth Resort Limited which declared a loss on 48.6 billion ...

Civil society fraternity have called upon government to rethink on borrowing money for the construction of specialized hospital in Lubowa. briefing journalists SEATINI-Uganda together with Uganda Debt Network (UDN) Oxfam-Uganda, Civil society advocacy group(CSBAG) and Initiative for Social and Economic Rights (ISER) expressed their concerns on the decision by the  Parliament of Uganda to approve Promissory Notes worth US$ 379.7 Million ...

President Museveni invited as a guest speaker at an interactive panel discussion titled “Peace building in Africa” on the sidelines of the ongoing World Economic Forum in Davos, Switzerland. Check also: President Museveni Meets MTN Group CEO, Rob Shuter In Switzerland The discussion was moderated by Mrs Bineta Diop, the Africa Union Chairperson’s Special envoy on Women, Peace and Security. Besides ...

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 ...