THIS WEEK: Museveni proposes tax on WhatsApp, Facebook Kampala, Uganda | THE INDEPENDENT | President Museveni has directed the Ministry of Finance to introduce taxes on social media platforms – WhatsApp and Facebook as a way of raising revenue. In a letter to the Finance Minister, the President expressed concern at …
Read More »THIS WEEK: Kamya, Nambooze clash over metropolitan area proposals
THIS WEEK: Kamya, Nambooze clash over metropolitan area proposals Kampala, Uganda | THE INDEPENDENT | Minister for Kampala Beti Namisango and Mukono Municipality MP Betty Nambooze accused each other of dishonesty and ignorance during a televised talk show on the proposal to expand Kampala to a metropolitan authority. It all started …
Read More »THE INDEPENDENT: DFCU profits expose BOU ‘deals’
Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s THE Independent. COVER STORY DFCU profits expose BoU: Taxpayer stands to lose Shs300bn THE LAST WORD Uganda’s new villain: Why the country and the President is fighting the wrong enemy on electricity tariff BANKING Uganda’s banks brace for …
Read More »Now Uber takes on SafeBoda
Kampala, Uganda | THE INDEPENDENT | Uber, the US-based mobile app-based taxi service, has taken on SafeBoda with the rollout of a new platform that will connect passengers and local motorcycle riders, popularly known as Boda-Bodas, for a travel. Aaron Tindiseega, the Country Manager for Uber in Uganda, said the introduction …
Read More »NFC: boosting community livelihood, environmental conservation
Exploiting the opportunities of forestry in Rwanda since 2011: NFC Story below ***** Kampala, Uganda | FRANCIS BYARUHANGA | Rwanda celebrated world forestry day on 21st March at Rubavu district southern Province. The annual celebration seek to deepen planting activities and raising awareness among the communities in villages and young people around. …
Read More »MOTORING: New Volkswagen Touareg
China chosen as launch site of Volkswagen’s new ‘premium’ flagship Kampala, Uganda | MOTORING GURU | Volkswagen has abandoned the United States in favour of China for the world debut of its third-generation Touareg – because that’s where the money is. And you will need plenty of money to get into …
Read More »How Standard Chartered Bank has benefited EA economies
It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
Read More »COMMENT: Socio-economic impact of banks
Why policy measures that curtail the volume of bank lending to the business community must be avoided COMMENT | LOUIS KASEKENDE | I would like to begin by explaining why I think that a socio-economic impact assessment is a very useful initiative for the bank to have taken. Banks all around …
Read More »ARTS: Mugalu’s romanticism on canvas
Serenityscapes as metaphor for self-freedom Kampala, Uganda | DOMINIC MUWANGUZI | Whenever regular art gallery goers around Kampala are confronted with a striking painting of a beautiful waterscape, associations immediately connect it to Edison Mugalu. This impressionist artist’s name has become so synonymous with the subject that many cannot imagine him …
Read More »Banks to embrace mediation to resolve disputes
The initiative is to settle disputes cheaply, quickly and fairly Kampala, Uganda | JOSEPH BAHINGWIRE | Court cases in Uganda involving clients and commercial banks tend to take many years to be resolved but this will soon change as banks in collaboration with the Uganda Law Society and commercial courts …
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