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Afreximbank announces $1-billion African Film Fund

The sector faces several challenges, including limited access to financing and copyright infringement due to weak copyright laws, enforcement mechanisms and a lack of awareness Kampala, Uganda | AGENCIES | Africa’s multilateral lender, African Export-Import Bank, is working on the establishment of a US$1-billion African Film Fund to be launched in 2024 …

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URA rolls out voluntary disclosure of offshore interests

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority is rolling out a Voluntary Disclosure Program (VDP), urging people with offshore incomes and assets to disclose their holdings. The VDP is among the tax administration measures put in place by URA to ensure tax compliance and has been on for …

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UBL launches new flavor for Uganda Waragi

Kampala, Uganda | THE INDEPENDENT |Uganda Breweries Limited, the makers of Uganda’s gin, Uganda Waragi have revealed their new premium limited flavor of Uganda Waragi – Uganda Waragi Lemon and Ginger. This exceptional and exclusive edition brings a burst of refreshing flavors to the renowned classic, promising to create unforgettable …

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URA revamps taxpayers ledger to improve compliance

Masaka, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has moved to revamp the national taxpayers’ ledger management system in a bid to improve efficiency and levels of compliance in tax collection. The innovation was revealed by the URA Commissioner General John Musinguzi Rujoki, at the commissioning of …

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Over 300 business entities evicted from Makerere

Kampala, Uganda | THE INDEPENDENT | More than 300 small business operators have been evicted from Makerere University. This follows a Makerere University Council order in 2022 that all businesses vacate campus premises. The University Council’s decision was based on the findings that numerous business activities that were operating on  University …

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