Economy

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 ...

The president of Uganda, HE Yoweri Kaguta Museveni attended the industrial projects were he commissioned six industries in Namanve industrial park. Check also: President Museveni Commissioned The New Cable-Stayed Bridge In Jinja Among these industries Museveni commissioned include Orion transformers, Toyota motors, Luuka Plastics, Interior Technologies, Alfasan limited and finally Steel and Tubes industries. However, this platform gave chance to several ...