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In The Magazine

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Institute of Accountants to hold first PFA meet

Kampala, Uganda  | THE INDEPENDENT l The Institute of Certified Public Accountants of Uganda (ICPAU) will hold the inaugural Public Finance Management (PFM) Conference from 18 – 20 April 2023 at the Imperial Resort Beach Hotel, Entebbe. The conference will be both physical and online. It targets accounting officers, policymakers, planners, …

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What next for economy?

World Bank, BoU explain short-term, long term opportunities, challenges Kampala, Uganda | AGENCIES | The outlook for long term economic growth is positive but a lot of drag persists in the short term. Viewed that way, the latest World Bank outlook for Africa matches the sentiment of the latest outlook of …

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Tax or not to tax Unit Trust Fund profits

Players warn that the move could discourage the growing savings culture Kampala, Uganda | JULIUS BUSINGE | Over the past few years, Uganda started experiencing a surge in the local population, especially youth interested in saving, growing their capital for future investments through the Unit Trust Funds. This is because Unit …

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EAC armies pose new risks in DR Congo

Expert reports warn of weak links, mission creep Kampala, Uganda | IAN KATUSIIME | The Eastern African Community Regional Force (EACRF) deployed in eastern Democratic Republic of Congo seems to be the fastest growing movement in the region. But the presence of additional armed personnel in an area crawling with numerous …

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Taxpayers to cough Shs800bn over Umeme exit

Kampala, Uganda | THE INDEPENDENT l Government is set to pay US$215 million (Sh802 billion) to acquire majority shares of power distributor, Umeme. The move comes as Umeme’s 20 year contract comes to a close in 2025, giving government full control of the power distribution system, marking the end of …

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Scramble to return iron sheets

Kampala, Uganda  | THE INDEPENDENT l  With the heat surrounding the scandal of iron sheets, ministers are in panic and are scrambling to return iron sheets they illegally got from the Office of the Prime Minister. News broke that the iron sheets brought back by Speaker of Parliament Anita Among …

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KCCA boss Kisaka faces arrest over manholes

Kampala, Uganda  | THE INDEPENDENT l The High court will on April 20 hear an application in which lawyers are seeking a warrant of arrest and detention of Kampala Capital City Authority (KCCA) boss Dorothy Kisaka and minister Kabuye Kyofatogabye. They accuse the duo of failing to implement a court order …

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