How can African countries increase tax revenues to fund their budgets and reduce donor dependency? This is the general question that African countries have dealt with over the years in response to the growing demand for services by the population. Kampala, Uganda | JULIUS BUSINGE | At the 4th international …
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New law to facilitate trade and digital payment systems Kampala, Uganda | JULIUS BUSINGE | Fintech offers enormous opportunities such as improving service delivery, provision of employment opportunities and boosting financial inclusion for the unbanked to the developing economies. It is therefore important that the innovations are appreciated, according to …
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Bigger Economy: Why could that be bad news? Kampala, Uganda | THE INDEPENDENT | The recent rebasing of the national account series by the Uganda Bureau of Statistics (UBOS) has excited economists with many saying it presents the government an opportunity to make policy based on data that is a …
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Kampala, Uganda | THE INDEPENDENT | Ndorwa East Member of Parliament Wilfred Niwagaba says ministers of finance are standing in the way of tabling proposals through which the Ugandan Opposition is seeking amendments to the Constitution that would lead to changes in the setup of government. Niwagaba, the shadow attorney …
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Kampala, Uganda | THE INDEPENDENT & AFP | A day after Uganda’s Finance Minister Matia Kasaija warned about the use of crypto-currencies, European governments are asking questions about Libra, forcing Facebook’s partners to reconsider. Mastercard, Visa and other financial partners being enlisted to oversee Facebook-backed cryptocurrency Libra are having second thoughts …
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✳ Year – Interest 2012 ✅10.00% 2013 ✅11.23% 2014 ✅11.50% 2015 ✅13.00% 2016 ✅12.30% 2017 ✅11.23% 2018 ✅ 15% 2019 ✅ 11% Kampala, Uganda | THE INDEPENDENT | Ugandans saving with the National Social Security Fund (NSSF) will earn 11 per cent on their savings this year, a drop …
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Kampala, Uganda | THE INDEPENDENT | Government is stuck with newly created administrative units across the country. “Government is currently stuck with about 300 newly created sub-counties and 200 Town Councils over lack of money to fund their operations,” Finance Minister Matia Kasaija revealed recently. He made the remarks during …
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Kampala, Uganda | THE INDEPENDENT | The President of the African Export-Import Bank (Afreximbank), Prof. Benedict Oramah, on Thursday in Kampala met with Matia Kasaija, Minister of Finance Planning and Economic Development of Uganda, for a courtesy call and to brief the minister about the Bank’s support to Uganda’s economic …
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Promotional RETURN fares to run for 2 months from August 28: ✳Nairobi Return $278 ✳Juba $225 ✳Mogadishu $590 ✳Dar $ 286 ✳Bujumbura $292 ✳Mombasa $325 ✳Kilimanjaro $311 💠All inclusive of taxes Kampala, Uganda | THE INDEPENDENT | The Uganda Airlines board today received their Air Operator’s Certificate (AOC) secured last …
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Govt proposal to build a sixth power dam on the Nile kicks up storm Kampala, Uganda | RONALD MUSOKE | Murchison Falls, one of River Nile’s remaining spectacular waterfalls tops the “bucket list” of iconic sceneries in Uganda that hundreds of thousands of tourists covet when they visit the country. …
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