Company officials say the business is here to stay Kampala, Uganda | JULIUS BUSINGE | E-commerce firm, Jumia Uganda, a subsidiary of the pan African e-commerce company, Jumia Group on June 10, celebrated eight years of business operations at a mini-press conference held in Kampala, where top officials said they …
Read More »COVER STORY: Tough budget
What experts say about Shs45.4tn, debt, taxes Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | The 2020/21 national budget read on June 11 has been criticised by experts as weak on all fronts; from its stimulus and bailout programmes to the manner in which its figures were arrived at …
Read More »Crowds fail to observe social distance at face technologies
Kampala, Uganda | THE INDEPENDENT | Drivers have raised concerns over failure to observe physical distance guidelines at Face Technologies. In March, the Ministry of Works and Transport closed all driving permit facilities around the country as a precaution to the spread of the Coronavirus (COVID-19). However, the company opened on …
Read More »Security personnel in Kitgum accused of aiding illegal timber trade
Kitgum, Uganda | THE INDEPENDENT | Security personnel in Kitgum district have been accused of aiding illegal trade in endangered forest products. Martin Anywar, Kitgum District Forestry Officer says the involvement of highly placed individuals in security is greatly watering their fights in protecting the forest covers. He notes that the …
Read More »MTN Uganda gets 12 more years
Kampala, Uganda | THE INDEPENDENT | Government has reached an agreement with telecom company MTN Uganda to renew its license for a period of 12 years. MTN will pay sh372 billion for the license that commences on July 1, 2020. The telecom company said in a statement on Saturday that …
Read More »IN THE INDEPENDENT: Experts dig in on Uganda’s 45T budget
Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Tough budget: What finance experts say about Shs45.4tn, debt, taxes THE LAST WORD The trouble with URA: Why Museveni’s focus on corruption as the biggest problem of tax administration misses the big picture …
Read More »Italy PM presses on with much-maligned economic pow-wow
Rome, Italy | AFP | EU leaders are set to join Italian Prime Minister Giuseppe Conte on Saturday for talks on jumpstarting the nation’s economy, but opposition figures shunned the hastily organised — and roundly criticised — initiative. Despite a bevy of A-list political speakers, Italians such as far-right leader Matteo …
Read More »Lives saved or deaths postponed? Calculating the cost of lockdowns
Paris, France | AFP | While lockdowns undoubtedly avoided large numbers of deaths from the new coronavirus, the repercussions of the pandemic response are expected to blight economies and health systems long after restrictions are lifted. So how can we quantify the costs and benefits of one of the largest public …
Read More »New SOPs in place as Sheraton Kampala resumes work
Kampala Uganda | THE INDEPENDENT | With Uganda easing the lockdown restriction on the hospitality sector, Sheraton Kampala Hotel which opened its doors early …
Read More »BUDGET: Museveni unhappy with low tax collections
Budget 2021 summary ✳ Resource envelope Sh45.5 trillion ✳ Revenue Sh21.8 trillion ✳ Uganda GDP Sh138 trillion ✳ Uganda GDP rate +3.1% ✳ Electricity output 1254MW ✳ Paved roads 5600km ✳ National IT backbone, 49 districts ✳ Internet bandwidth $70/Mbps ✳ UDB sh1 trillion injection ✳ Domestic arrears pay 673bn …
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