Business

Sustained marketing in America, Germany and the United Kingdom boosts tourist numbers but questions on validity of figures persist Kampala, Uganda | RONALD MUSOKE | Uganda has registered a surge in tourist numbers over the last one year, with many of the visitors coming in from key source markets of the …

Sector players call for more incentives for low cost houses Kampala, Uganda |   STEPHEN NUWAGIRA | The recent signing of a Memorandum of Understanding between Rwanda Development Board (RDB) and Mitrelle Group, to construct 10,000 housing units in Rwanda has led major players to demand reassessment of priorities. The Israel-based global …

AfDB hires Commissioner General to implement tax reforms in war-wrecked nation Kampala, Uganda | IAN KATUSIIME | South Sudan is a young nation beset with many troubles especially the continuous outbreaks of war. But that has not deterred Africa’s newest nation from building its institutions, with the National Revenue Authority being …

Kampala, Uganda |  JULIUS BUSINGE | International Distillers Uganda (IDU), a subsidiary of Uganda Breweries Limited, has opened a glass bottling line at its spirits manufacturing plant ahead of the alcohol ban sold in sachets in March next year. The new facility has a capacity to handle 6,000 bottles per hour …

Kyotera, Uganda | THE INDEPENDENT | President Yoweri Museveni has called on the people of Kyotera and Uganda in general to embrace government’s initiative of wealth creation through commercial agriculture and the four-acre production plan so that they are able to fight household poverty. “Development does not mean wealth. Masaka …

Kampala, Uganda | THE INDEPENDENT | For a long time, small-scale farmers have been left on the side lines of agriculture to fend for themselves. This is because of the misconception that these small-scale farmers produce very little, so they have no impact on the economy. How misguided. In fact, …

Kampala, Uganda | THE INDEPENDENT | Bank of Uganda Governor Emmanuel Tumusiime Mutebile has handed Standard Chartered (StanChart) Bank an award for emerging the Best Performing Commercial Bank in government securities for the month of May 2018. The award was handed out after the BOU governor’s monthly meeting with the …

Upcountry destinations within Rwanda, more cities across Africa targeted Kampala, Uganda | STEPHEN NUWAGIRA | AC Group, the firm behind the Tap & Go e-payment system on public transport buses in Kigali now plans to expand both within and outside the country. AC Group chief executive officer, Patrick NsengaBuchana, says the …

URA to collect Shs16.3tnas experts worry about some proposed taxes Kampala, Uganda | ISAAC KHISA | Newly proposed taxes and enhanced revenue collection measures could help the taxman collect an additional Shs1.9trillion to hit the new Shs16.3trillion revenue target. The government has tasked the Uganda Revenue Authority (URA) to collect more money in …

Why government must listen and act on economic expert views Kampala, Uganda | JULIUS BUSINGE | How much public debt can the Ugandan government afford? Nobody seems to be having the right answer even as the government continues to borrow, sinking the country deeper into more debt. While reading the national …