Kampala, Uganda | JULIUS BUSINGE | A total of 5,000 students in seven universities countrywide are expected to benefit from this year’s annual career expo. The focus is on empowering the beneficiaries to succeed in the emerging gig economy with the relevant skills. The two-week expo will be held from …
Read More »Tax or not to tax Unit Trust Fund profits
Players warn that the move could discourage the growing savings culture Kampala, Uganda | JULIUS BUSINGE | Over the past few years, Uganda started experiencing a surge in the local population, especially youth interested in saving, growing their capital for future investments through the Unit Trust Funds. This is because Unit …
Read More »Uganda’s tourism sector on a path to recovery
International visitor arrivals increase by 59% during the year Kampala, Uganda | JULIUS BUSINGE | Uganda recorded a 59% increase in international visitor arrivals to 814,508 in 2022 signalling a recovering tourism sector from the effects of the coronavirus pandemic. The report released by the Ministry of Tourism Wildlife and Antiquities …
Read More »NSSF put unregistered employers on notice
More than 50,000 employers have been given a 30-day deadline to pay contributions Kampala, Uganda | JULIUS BUSINGE | Uganda’s employers irrespective of the number of workers employed have only 30 days to register with the National Social Security Fund (NSSF) and remit social security contributions for their employees. NSSF acting …
Read More »Uganda’s tourism ministry sets April 12-16 for ‘explore west’ campaign
Kampala, Uganda | JULIUS BUSINGE | In a bid to further boost growth of domestic tourism, Uganda’s tourism ministry has set April 12-16, 2023 as dates for ‘explore west’ campaign that will see tourists traverse different areas in the Western part of Uganda. The announcement comes three months after the ministry …
Read More »Pearl of Africa Tourism Expo to create 500 business linkages
Kampala, Uganda | JULIUS BUSINGE | Uganda Tourism Board (UTB) has unveiled the Pearl of Africa Tourism Expo (POATE) 2023 to further boost growth of tourism and related opportunities. It will take place from April 26-29 in Kampala. In its seventh edition, the expo is expected to create 500 business linkages …
Read More »New measures to tackle illicit trade in offing
A technical working group to be formed to battle the vice that cost government billions of shillings Kampala, Uganda | JULIUS BUSINGE | Government of Uganda and the private sector have revealed plans to form a technical working group to fight illicit trade. It is estimated that the government lost …
Read More »Nile Breweries Scholarship programme yields UACE exam results
Kampala, Uganda | JULIUS BUSINGE | Scoring 20 points in BCM, Onesimus Chemutai was declared the best performer in Seeta High School and among the country’s top UACE students. Despite UNEB registering a significant dip in Biology performance, Chemutai managed to score an A. “Chemutai scored distinctions only. This was an …
Read More »NSSF, Mastercard Foundation give Shs4.8billion boost to women led businesses
Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) in partnership with Mastercard Foundation have awarded Shs4.8bn seed funding to 66 women entrepreneurs through their Hi-innovator Women Accelerator program. A total of 15,000 job opportunities for women and youths countrywide are expected to be created through this …
Read More »UEDCL registers a 9% increase in revenue to Shs80bn
The company distributes power in nine service territories covering 74 districts countrywide Kampala, Uganda | JULIUS BUSINGE | State-owned Uganda Electricity Distribution Company Limited has reported a 9% increase in revenues to Shs80.1bn for the period ended June 2022 citing an increase in operational efficiency and increased customer connections. UEDCL Managing …
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