Business

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 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 ...

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 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 ...

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 ...