Uganda Revenue Authority (URA) and United Bank of Africa (UBA) have launched tax payments through online and point of sale –POS (card swiping) methods, powered by VISA and MasterCard. Speaking at the launch of the service at URA’s headquarters in Nakawa on Tuesday March 28, URA’s Commissioner General Doris Akol …
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Stephen Sembuya is the CEO of Pink Foods Industries that makes ‘Uganda chocolate’ from the largest single owned cocoa plantation Uganda. He spoke to the Independent’s Agnes E Nantaba about the potential of Ugandan- made chocolate and the future prospects. What are the key drivers in your management philosophy? Working …
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Shanghai, China | AFP | China Southern Airlines said Tuesday it would sell almost a one-tenth stake to American Airlines in a $200 million tie-up that could see two of the world’s biggest carriers cooperate in a range of areas. American Airlines is the world’s largest carrier by scheduled passengers carried, …
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Insurance regulator, experts share views at high profile meeting in Kampala How do you convince more Ugandans to buy insurance? That was the main issue discussed during a breakfast meeting for the country’s insurance firms held at Kampala Serena Hotel on Feb.23. The Chief Executive Officer of the Insurance Regulatory …
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UK Trade Envoy challenges Uganda to reduce the cost of doing business The UK Prime Minister’s Trade Envoy to Uganda Lord Dolar Popat has challenged the Government of Uganda to invest more in the tourism sector and reduce the cost of doing business, if the country is to attain the …
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New York, United States | AFP | US stocks dipped Thursday as the House of Representatives delayed a vote on a health care replacement bill seen as a barometer of congressional support for President Donald Trump’s agenda. Trump and Republican congressional leaders had pushed hard for the bill, which would undo …
Read More »Nairobi, Kenya | AFP | Kenya, a pioneer in mobile money, on Thursday began selling the first ever government bonds via mobile phone, allowing anyone from teachers to shop owners to invest and fund infrastructure projects. The bond is named M-Akiba, which means “mobile savings” in Swahili, and was launched …
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London, United Kingdom | AFP | Several British banks processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper said on Monday. According to documents obtained by the Organized Crime and Corruption Reporting Project, at least $20 billion was moved out of Russia between 2010 and 2014 …
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The Rwandan Patriotic Front’s business empire RWANDA has a reputation for enterprise. Its government has largely stamped out small-scale corruption and trimmed regulations, making the country the second-best place in Africa to do business, according to the World Bank’s widely-followed ranking. But the dominant political party, the Rwandan Patriotic Front …
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20% decline in supply at Mombasa auction in first 10 weeks of 2017 pushes prices up Prices of tea at the Mombasa Auction, the world’s second largest selling centre have been high this selling season – at US$3 per kg in the first 10 weeks of 2017 compared to US$2 …
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The Independent Uganda: You get the Truth we Pay the Price