Kampala, Uganda | THE INDEPENDENT | The Attorney General Kiryowa Kiwanuka has asked High Court to dismiss with costs an application by two lawyers challenging the controversial coffee deal between the government of Uganda and Uganda Vinci Coffee Company Limited. Henry Byansi and Micheal Aboneka petitioned the High Court in April 2022 …
Read More »Government rallies banks to help increase tax revenues
Kampala, Uganda | THE INDEPENDENT | The government is rallying commercial banks and other financial institutions to help it increase tax revenues by ensuring more people are taxed. As the presentation of the 2022/23 national budget draws closer, the Uganda Revenue Authority figures show an uphill task if the agency is to …
Read More »Banks disbursed loans worth UGX 2.2 trillion in the first quarter of FY 2020-21
Kampala, Uganda | THE INDEPENDENT | A report by the Ministry of Finance, Planning and Economic Development indicates that banks gave out loans worth 2.65 trillion shillings to the private sector in the first quarter of the financial year 2020/2021. The pre-election economic and fiscal update issued by Moses Kaggwa, the …
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