Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) is seeking to recover over Shs160 billion following the announcement of a grace period of three months for all employers that have not remitted employees’ social security contributions to agree a payment plan. In exchange, the Fund will …
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The state of accounting in Uganda is set to improve following initiatives that are being pushed by the Institute of Certified Public Accountants of Uganda (ICPAU) – all targeting practitioners. Kampala, Uganda | The Independent | Speaking at the 9th Practioners Forum held in Kampala at the end of last …
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Paris, France | AFP | It was fear of being dominated by a Chinese behemoth that sparked an attempt by large French and German rail companies to join forces to create an European industrial champion. The merger by Alstom and Siemens was vetoed by the EU on Thursday, but concerns about …
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Washington, United States | AFP | Twitter shares took a pounding Thursday as an unsettling update on its global user base offset upbeat figures on revenues and profits in the past quarter. Shares skidded 9.8 percent to close at $30.80 following Twitter’s fourth quarter update, which showed a consistent profit trend …
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Kampala, Uganda | THE INDEPENDENT | The former Crane Bank Chairman of Board of Directors, Joseph Biribonwa, has accused the Central Bank for frustrating investors. Biribonwa on Wednesday appeared with the former Crane Bank owner Sudhir Ruparelia before Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) that …
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Following liberalisation of Uganda’s economy in the 1990’s, private sectors alongside the public enterprises and publishers have increased investments in printing infrastructure, and the business is now on the upward trend. The Independent’sIsaac Khisa spoke to the Irene Muwanguzi, the Managing Director at the Uganda Printing and Publishing Corporation …
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Kampala, Uganda | THE INDEPENDENT | The agreement for the sale of Crane bank to DFCU was shoddy and fraudulent, Former Crane Bank owner, Sudhir Ruparelia has told the ongoing Bank of Uganda probe. According to Sudhir, the Purchase of Assets and Liabilities (P&A) agreement signed between BoU and DFCU …
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Which HiLux variant is a better buy; the cheaper more off-road biased Rugged or the town-oriented Rogue? Kampala, Uganda | AGENCIES | On the surface, it might appear as if these two vehicles are aimed at different buyers. At least that’s what Toyota would like for you to think but …
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Tough regulation for fish in offing Kampala, Uganda | PATRICIA AKANKWASA | Fish maw business will soon be regulated to minimize exploitation of fish farmers and suppliers. Vincent Sempijja, the agriculture minister told The Independent in an interview that the sale of fish maw has become a lucrative business for …
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Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority (KCCA) has today unveiled a draft property valuation report for Makindye Division. KCCA Revenue Director, Fred Andema says properties in Makindye division have increased from 23,000 in 2003 when the last valuation roll was compiled to 51,000 properties in the report …
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