Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …
Read More »
Fossil fuel lobby want bank to serve as catalyst for Africa-directed investments Kampala, Uganda | RONALD MUSOKE | On May 16, the African Export-Import Bank (Afreximbank) signed a memorandum of understanding with the African Petroleum Producers Organization (APPO) in a move that seeks to create a multi-billion dollar energy bank …
Read More »
Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …
Read More »
This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …
Read More »
Research shows donkey skins are being sourced and shipped from more countries than earlier thought Kampala, Uganda | RONALD MUSOKE | Organised criminals are exploiting online social media platforms such as Facebook, Twitter, Instagram and WeChat to facilitate the smuggling and trade in donkey skins, according to a new report …
Read More »
New digital platform aims to help the girls get contraceptives and information Kampala, Uganda | PATRICIA AKANKWATSA | Katanga is an urban slum situated on a flood plain between Makerere University and Mulago Hospital It is home to approximately 20,000 people, living in wood, mud and brick homes. Slim channels weave …
Read More »
Consider yourself as only sensible person on the road, says Gen. Katumba Kampala, Uganda | MUBATSI ASINJA HABATI | On May 4, a Kampala-bound bus operated by Link Bus Services crashed and overturned several times killing 20 people on spot; including its driver leaving many others injured just a …
Read More »
Experts release a guide for beneficial laws in Uganda Kampala, Uganda | THE INDEPENDENT | Corporate opacity presents a key vulnerability in the Ugandan economy, contributing to the Shs2 trillion (US$550 million) in illicit financial flows (IFFs) lost each year, according to a joint report released by Global Financial Integrity …
Read More »
Why the refusal to renew their concession is not a big loss to Ugandan workers and investors and a boom to foreigners THE LAST WORD | ANDREW M. MWENDA | For some strange reason(s), President Yoweri Museveni has a very hostile attitude towards Umeme, Uganda’s main electricity distributor. Sources …
Read More »
America back in Somalia Kampala, Uganda | THE INDEPENDENT | On May 03, Al Shabaab fighters stormed an African Union base in near Ceel Baraf, a village some 160 kilometres (100 miles) northeast of the Somalian capital Mogadishu and killed at least 10 Burundian peacekeepers and wounded 25 in heavy …
Read More »
The Independent Uganda: You get the Truth we Pay the Price