Kampala, Uganda | THE INDEPENDENT | Government will next financial year spend a big chunk of the budget on interventions for human capital development, security and integrated transport infrastructure among others. The 2021/2022 financial year budget set to come into effect on 1st July 2021, was on Thursday afternoon presented to …
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URA’s 30 year journey through 7 commissioner generals
Kampala, Uganda | THE INDEPENDENT | This year as the 2021-22 financial year starts, Uganda Revenue Authority (URA) marks 30 years since its creation, as part of the 1991 reforms which were aimed at improving government revenue collection. The tax body with Edward Larbi Siaw as the first commissioner general, collected …
Read More »Four arrested over phone calls made at time of Gen Katumba’s shooting
Kampala, Uganda | THE INDEPENDENT | Four people have reportedly been arrested by the Joint Intelligence Committee –JIC over the repeated calls they allegedly made before, during and after the shooting of former Chief of Defence Forces Gen Edward Katumba Wamala. Gen Katumba’s vehicle H4DF 2138 was riddled with bullets on …
Read More »Highlights of the 2016-2021 NRM Manifesto achievements
NRM MANIFESTO WEEK | Agriculture sector – Agriculture is one of the major drivers of Uganda’s economic growth with over 64% of the population employed in the sector and with Agriculture-based products accounting for about 43% of exports in FY 2019/20. The Agriculture sector registered improved growth rates from 2.8% …
Read More »NSSF assets hit Shs14.6trillion in COVID-19 period
Its comprehensive income declined during the one year coronavirus pandemic crisis, executives say Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund size grew by 16% from Shs12.66trillion in March 2020 to Shs14.62trillion in March 2021 amidst the coronavirus pandemic. The Fund’s Managing Director, Richard Byarugaba, and Chief …
Read More »Dollar weakens further, experts expect it to stay flat longer
Kampala, Uganda | THE INDEPENDENT | The Uganda Shilling continued to appreciate against some major currencies in the region as well as the US Dollar, on Monday, compared to last week. The Bank of Uganda put the official exchange rate for the dollar at 3,529.39 buying and 3,539.39 selling by the …
Read More »ICT and National Guidance Ministry showcases achievements
NRM MANIFESTO WEEK | The Minister of Information, ICT and National Guidance Judith Nabakooba has attributed the high cost of internet in Uganda to the limited number of users. She said this as she presented the achievements her ministry registered between 2016 and 2021 in implementing the NRM manifesto commitments …
Read More »Free boy wants MTN, Airtel to pays him UGX 350M over copyright
Arua, Uganda | THE INDEPENDENT | Local music artiste Mubarak Mandela commonly known as Free Boy has sued telecom giants MTN and Airtel for copyright infringement. Through Viva Entertainment, the artiste accuses the two telecom giants of using his song “Kwata Essimu” since March 2020 to promote their sales without his …
Read More »Gov’t urged to implement data protection law to reduce cybercrimes
Kampala, Uganda | THE INDEPENDENT | Unwanted Witness, a nongovernment organization that advocates for secure and uncensored online communication has called upon the government to enforce the Data Protection law that was passed over two years ago in order to curb increasing cybercrimes. Speaking ahead of the launch of a report …
Read More »OKO raises $1.2 million to bring innovative insurance to smallholder farmers in Africa
The tech-firm aims to strengthen its presence in Uganda and Mali and expand its offerings to more markets on the continent | THE INDEPENDENT | OKO, an Insurtech start-up that provides inclusive agricultural insurance to secure farmers’ income across Africa, has closed a Seed investment of $1.2 million. The round …
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