Refinitiv, Central Bank Of Uganda, ACI Financial Markets Association Enhance Market Transparency In Uganda

August 1, 2019 Finance Comments Off on Refinitiv, Central Bank Of Uganda, ACI Financial Markets Association Enhance Market Transparency In Uganda

London/Johannesburg – Refinitiv, the Central Bank of Uganda, and the ACI Financial Markets Association of Uganda have announced that they will be working together to strengthen Uganda’s trade life cycles, setting up the country for increased global markets participation. Announcing this in Kampala on 1 August 2019, the organizations said that the market’s entire interbank network now has increased capacity ...

Women Ask Museveni For Sh1billion To Establish Innovation Centre

August 1, 2019 Business Comments Off on Women Ask Museveni For Sh1billion To Establish Innovation Centre

Women under their umbrella association, Uganda Small Scale Industries Association (USSIA) have asked President Yoweri Museveni to fund their innovation and enterprise training centre that is estimated to cost shs1billion Eunice Wekesa USSIA Chairperson says the innovation centre will be used for training its members and skill young innovators so as to empower them with practical vocational skills to create ...

Ruparelia Group Tops URA Most Compliant Tax Payers

July 24, 2019 Economy Comments Off on Ruparelia Group Tops URA Most Compliant Tax Payers

Meera Investments Limited, a subsidiary of the Ruparelia Group, tops the list of 25 compliant companies that were ranked best by the Uganda Revenue Authority (URA) in paying rental income tax in the financial year 2018/19 that saw the Authority beat the target by Shs258.89 billion to collect a total of Shs16.6 trillion in taxes to government. URA’s public notice ...

Uganda Women Entrepreneurs To Benefit From $3 Million Finance

July 20, 2019 Entrepreneurship Comments Off on Uganda Women Entrepreneurs To Benefit From $3 Million Finance

Uganda women entrepreneurs are set to benefit from $3million (11billion) finance courtesy of Development Finance Institutions partners consortium to bolster women entrepreneurs in East Africa. Leading financiers announced the development at the launch if Invest 2 Impact challenge initiative for women business competition in Kampala. Annie MarieLévesque Gender Specialist from Finn Dev Canada said business competition aims to support the ...

Ministry Of Local Government Launches Local Economic Growth Support Project

June 25, 2019 Economy Comments Off on Ministry Of Local Government Launches Local Economic Growth Support Project

The Ministry of Local Government has launched Local Economic Growth Support (LEGS) project that will up lift rural flocks from abject poverty. The project will to be implemented in 12 districts will address water for production, agriculture production, infrastructure and food security. According to the Minister of Local Government,Tom Butime, the $43million project funded by Islamic Development Bank will benefit ...