Washington, United States | AFP | US Treasury Secretary Steven Mnuchin on Wednesday urged countries like France to suspend taxes on global computing giants and wait for a negotiated agreement on international taxation. As the United States is poised to impose tariffs of up to 100 percent on $2.4 billion …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has ordered the Inspector General of Police, Martin Okoth Ochola, to sack all non-committed police officers. Museveni, who was speaking on Thursday after the commissioning of the National Command Centre at Naguru police headquarters, said with available technology, crime won’t …
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Kampala, Uganda | JULIUS BUSINGE | People do not need a stock exchange account but instead need an account to save their money safely and be able to make small transactions. This is what stood out from a speech delivered by Warren Carew, representing Bill and Melinda Gates Foundation at …
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Johnson insists US digital giants must be taxed ‘fairly and properly’ Biarritz, France | AFP | British Prime Minister Boris Johnson on Saturday said that US digital giants needed to be taxed “fairly and properly” in a growing dispute with the United States over taxing the likes of Amazon, Apple, …
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Washington, US | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah has announced in Washington D.C. Delivering an address …
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SICPA embroiled in fraud cases in various countries Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan government has bowed to pressure from manufacturers and decided to put on hold the introduction of Digital Stamps intended to plug revenue leakages. This follows a series of meeting between the Minister of Finance, Planning and …
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Paris, France | AFP | France will push ahead with its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said Monday, as the European Union struggles to finalise a new EU-wide levy. France has been driving hard for a new so-called “GAFA …
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Kampala, Uganda | THE INDEPENDENT | Ugandan manufacturers want Uganda Revenue Authority (URA) to explain what the DTS would achieve if a manufacturing sub-sector has no counterfeits. They want URA to show if the DTS will increase revenue collection and compliance considering that the formal manufacturers are already compliant, and show …
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Kampala, Uganda | ISAAC KHISA | Patrick Adengo is the Managing Director at the Stalworth Consulting Group, LLC. He spoke to The Independent’s Isaac Khisa about the company operations and digital and technology sector related issues. How would you describe Stalworth Consulting Group, LLC? Stalworth Consulting Group (SCG) is a management and strategy consulting firm …
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Kampala, Uganda | THE INDEPENDENT | Government Spokesperson Ofwono Opondo has revealed that come 2019, the country will start issuing e-pass ports, a move by the East African Community states to move from machine readable passports to digital versions. While the old passport has been costing the country Shs150, 000, …
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