Analysts say the new initiative has to be all-inclusive to succeed Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority(URA) is designing a Medium Term Revenue Mobilisation Strategy (MTRS) seeking to meet the ever growing annual revenue collection targets. The MTRS’ core objective is to ensure that revenue collection matches …

Political attacks worry Museveni’s cabinet: Observers say government is to blame over the growing political intolerance Kampala, Uganda | AGATHER ATUHAIRE | Simeo Nsubuga, the Kasanda South Legislator is a short, small man with a gift of speech. This gift most likely earned him the parliamentary seat. But it appears …

Why are big guns supporting Muntu against Besigye’s Amuriat? Kampala, Uganda | AGATHER ATUHAIRE | In the race to lead Uganda’s biggest opposition party, FDC, members are seeing a side of the incumbent, Gen. Mugisha Muntu, which they have not known before.  At his nomination on Aug.14 at the party …

The banking industry projects to record drop in net profits Kampala, Uganda | ISAAC KHISA and JULIUS BUSINGE  | Dfcu’s net profit has more than quadrupled to Shs114.05bn during the six months ending June 30 compared to Shs23.3bn recorded last year following acquisition of part of Crane Bank assets in …

The company plans to introduce new products in the region Kampala, Uganda |JULIUS BUSINGE| Japan’s paint manufacturer, Kansai Plascon, has entered into the East African market through the acquisition of Sadolin Paints. Wim Bramer, the managing director of Kansai Plascon East Africa told The Independent in an interview that the …

Kampala, Uganda | JULIUS BUSINGE |Bank of Uganda has kept the central bank rate at 10% for the next three months citing stability in inflation and positive economic activity going forward. “Given that inflation is expected to remain around the medium term target and that economic activity is picking up …

 Tax experts say government needs to refocus its priorities Kampala, Uganda |  JULIUS BUSINGE  | Uganda Revenue Authority has good and bad news these days. The tax body is collecting more and more money but, at the same time, is failing to meet ever rising annual targets. The pattern of missed …

LAND PROBE: How govt land is stolen |  After a technical break, the seven-member Land Inquiry 2017 Commission headed by Lady Justice Catherine Bamugemereire handled two big cases from July 24 –28. Kampala, Uganda  | JULIUS BUSINGE | In the two cases, one main issue emerged: forceful evictions of the …

If it looks so gloomy, why is everyone seeing it as bright? KAMPALA, UGANDA | JULIUS BUSINGE | The banking industry in Uganda appears to be facing an uncertain future. Most banks are recording a mixture of good and bad performance, sluggish growth in private sector credit, rising non- performing …

UCC agrees to meet company officials over concerns raised by customers Kampala, Uganda | JULIUS BUSINGE | On July 4, Uganda’s largest telecommunication firm; MTN, announced changes in price and volumes for some of its internet (data) packages resulting in concerns by customers and the regulator, the Uganda Communications Commission. …