Kampala, Uganda | THE INDEPENDENT | The Economic Policy Research Center (EPRC) says the Covid-19 pandemic caused a drop in revenues, economic shutdown and new expenditure pressures which now calls for re-prioritization of national resources. According to Paul Lakuma, the Head of the Macro-Economic Unit at EPRC, a medium plan in reallocating …
Read More »Mutebile keeps central bank rate at 6.5%
Says private sector credit growth remains subdued driven largely by low demand Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda’s decision to keep the central bank rate unchanged at 6.5% in the next three months has sent a signal to the market that Covid-19 containment measures are still a …
Read More »Multinational companies leaving country after tax incentives expire – EPRC study
Kampala, Uganda | THE INDEPENDENT | Some companies leave the country immediately their tax incentives expire. This is according to a new study by the Economic Policy Research Centre-EPRC. A study conducted in April 2019 but examined tax incentives given to companies from 2010/2011 to 2018/19 financial years, shows that …
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