Business

Amuru, Uganda | THE INDEPENDENT | Amuru police are investigating the robbery of Shillings 14.1 million from Kololo Village, Lakang Sub–County by three gunmen on Friday night. Dressed in military attire and armed with an AK-47, the gunmen stormed the home of Lacok Oola,53, at around 1 am and broke the door …

Kabarole, Uganda | THE INDEPENDENT | Kabarole district authorities are stuck with a milk cooler and cold room facility in Rwengaju model parish in Rwengaju Sub County. The National Agricultural Advisory Services – NAADs installed the state of art facilities in 2019 to promote best practices and improve the production capacity …

Kampala, Uganda | THE INDEPENDENT | The government should create sufficient and quality jobs by accelerating a sustainable and inclusive economic transformation to resume the path of inclusive growth and poverty reduction, the World Bank Group’s 2021 Systematic Country Diagnostic (SCD) has recommended. According to SCD, the government should focus …

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Finance, Planning and Economic Development has commenced scrutinising the new Tax Bills for the Financial Year 2022/23. The Minister of State for Finance for General Duties, Henry Musasizi, who on Friday, 29 April 2022 presented nine tax bills before the …

Kampala, Uganda | THE INDEPENDENT | Legislators on Parliament’s Finance Committee on Friday disagreed over a proposal by government to impose a flat rate of 12 percent on the gross rental income of individuals for a year of income. The proposal is under the Income Tax (Amendment) Bill, 2022 currently being …

Kampala, Uganda | THE INDEPENDENT | The Executive Director of the Federation of Small and Medium-sized Enterprises-Uganda (FSME – Uganda), John Walugembe has urged government to involve Parliament while dealing with investors that seek opportunities in Uganda. In an interview with journalists in Kampala, Walugembe cited the current controversial coffee …

Kampala, Uganda | THE INDEPENDENT |  Key stakeholders of the Ugandan financial ecosystem have agreed to concrete steps to boost financial inclusion in the country. This commitment was announced at the end of a 2-day Scale2Save event in Kampala entitled “Building resilience and economic empowerment for women and youth” which …

  Kampala, Uganda | THE INDEPENDENT | Makerere University today hosts the inaugural Tumusiime-Mutebile Annual Public Lecture. The keynote speaker is Finance Permanent Secretary Ramathan Ggoobi. LIVE VIDEO   Share on: WhatsApp

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance says the budget for the financial year 2022/2023 will mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic, among other key issues. Presenting a statement to the Budget Committee on Wednesday, 27 April 2022, the Minister of …

Kampala, Uganda | THE INDEPENDENT | The Attorney General Kiwanuka Kiroywa and Finance Minister Matia Kasaija have defended the controversial coffee contract between the Government and the Italian investor that has ruffled feathers since last month. While appearing before the parliamentary committee on Trade, Tourism and Industry chaired by Mbarara city south …