Kampala, Uganda | THE INDEPENDENT | The government should create sufficient and quality jobs by accelerating a sustainable and inclusive economic transformation to resume the path of inclusive growth and poverty reduction, the World Bank Group’s 2021 Systematic Country Diagnostic (SCD) has recommended. According to SCD, the government should focus …
Read More »Uganda Parliament commences scrutiny of new tax bills, Bujagali
Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Finance, Planning and Economic Development has commenced scrutinising the new Tax Bills for the Financial Year 2022/23. The Minister of State for Finance for General Duties, Henry Musasizi, who on Friday, 29 April 2022 presented nine tax bills before the …
Read More »Experts urge Govt to engage parliament while giving incentives to investors
Kampala, Uganda | THE INDEPENDENT | The Executive Director of the Federation of Small and Medium-sized Enterprises-Uganda (FSME – Uganda), John Walugembe has urged government to involve Parliament while dealing with investors that seek opportunities in Uganda. In an interview with journalists in Kampala, Walugembe cited the current controversial coffee …
Read More »Ugandan expert hails UK-Rwanda refugee deal
London, UK | THE INDEPENDENT | The decision by the government of the United Kingdom to relocate people seeking asylum there to Rwanda is a probable solution to several issues the county is facing, an expert has said. But the announcement by the UK Prime Minister earlier in the week …
Read More »KCCA to revive open bidding for city cleaning contract
Kampala, Uganda | THE INDEPENDENT | Kampala Capital City Authority-KCCA has proposed that a service provider contracted to clean the city shall be awarded a 12-month contract which is renewable only once upon satisfactory performance. For close to ten years, cleaning services in Kampala have been provided by divisional Savings …
Read More »Standard Chartered Bank launches Shs430million youth programme
Kampala, Uganda | THE INDEPENDENT | Standard Chartered Bank Uganda in partnership with Challenges Worldwide, a Kampala-based business development consultancy, has launched the scale-up of the Youth to Work (Y2W) phase III programme worth Shs430 million. The hybrid event that had participants attend both physically and online, took place in Kampala and …
Read More »Absa Uganda shows top bank status with sh110 billion profit
Kampala, Uganda | THE INDEPENDENT | Absa Bank has reinforced its position as one of the leading banks in Uganda after a record year that saw them hit a profit mark of over sh100billion for the first time. Absa Uganda financial results for the year ending December 2021 released on Monday …
Read More »Minister wants two officials interdicted of Mbarara Central Market allocations
Mbarara, Uganda | THE INDEPENDENT | The Minister of Local Government has directed the Mbarara City Clerk Asse Babireeba to interdict two officials, citing dubious allocations of Central Market Lockups. The officials who the minister wants interdicted are; James Agaba, the Principal City Commercial Officer, his assistant Donati Mutahi. The …
Read More »West Nile investors challenge Govt on poor roads
Nebbi, Uganda | THE INDEPENDENT | Local investors in West Nile are demanding that the government improves the poor state of roads if the sub region is to become a key investment hub. The Investors made the appeal in Nebbi district, during the first West Nile investment summit organized by …
Read More »DRC confident EAC will help protect her minerals
Nairobi, Kenya | THE INDEPENDENT | The Democratic Republic of Congo-DRC was Friday officially admitted into the East African Community as the region looked to starting a new era in trade in mineral resources. The accession of DRC to the Treaty for the Establishment of the EAC is a declaration …
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