Business

Masaka, Uganda |  THE INDEPENDENT |  Artisanal miners involved in the extraction of construction materials in Masaka district are opposed to the proposed regulatory framework that seeks to introduce direct taxes on sector players.    Government, through the Mining and Mineral Amendment bill 2019 intends to take over ownership of all high …

Soroti, Uganda |  THE INDEPENDENT |  Nile Perch stocks in Lake Victoria have increased by 31 percent, according to Dr. Edward Rukunya, the Director Fisheries Resources in the Ministry of Agriculture, Animal Industry and Fisheries- MAAIF. This comes after close to three years since Uganda People’s Defense Force- UPDF commenced operations …

Kampala, Uganda | XINHUA |  Trailing his hands over their soft green tips, Ziad Thabet looks with pride at the vegetables he planted on his rooftop as part of his efforts to achieve self-sufficiency amid soaring prices in the markets. Like most Syrians, the retired man has felt the economic …

Kampala, Uganda | THE INDEPENDENT | The Uganda shilling has appreciated by at least 5.2% against the dollar since March, thanks partly to money coming into non-governmental organizations and low demand for dollars by importers. According to the quoting this month by forex bureaus, the shilling has gained as much …

Full list of all Kampala boda boda stages Kampala, Uganda | THE INDEPENDENT | When Boda Bodas resume normal service tomorrow, they will return to a new regime in Kampala that will include Motorcycle Free Zones. Boda Bodas will no longer be allowed to access many areas in Lugogo, Kololo, …

Buvuma, Uganda |  THE INDEPENDENT |  Residents of Buvuma district could not hide their joy as the government commissioned a new ferry on Friday. The ferry is expected to make transport easier to residents and the business community who are mainly farmers and produce traders.  Gen. Katumba Wamala, the Minister for Works …

Kampala, Uganda | THE INDEPENDENT | Taxpayers disputing assessments by Uganda Revenue Authority will no longer be required to deposit 30 percent of the amount in dispute before launching a challenge at the Tax Appeals Tribunal (TAT). Section 15 of the Tax Appeals Tribunal Act requires a company or any taxpayer …

Kasese, Uganda |  THE INDEPENDENT |  All tourism sites in Uganda are now open for visitors, Col. (Rtd) Tom Butime the Minister of Tourism, Wildlife and Antiquities has said. But with the country’s borders still closed, domestic tourists and foreigners who are already in the country are the ones expected to …

Kampala, Uganda |  THE INDEPENDENT |  Taxpayers who will want to claim a tax refund from Uganda Revenue Authority – URA will not be allowed if they don’t implement the electronic invoice and receipt system. According to URA, taxpayers have three months up to September 30, 2020, to adjust their systems …

Kampala, Uganda | THE INDEPENDENT | Orient Bank management has said they agreed to sell majority shares of the bank to a Kenyan company which will facilitate its growth into a leading player in Uganda’s banking sector. On Monday, it emerged that I&M Holdings Limited, the owners of I&M Bank Kenya, …