Kampala,, Uganda | Julius Businge | As players in maize trading between Uganda and Kenya workout modalities for improving trade relations, questions remain on whether authorities can walk-the talk. On March 11, Kenya announced the lifting of a ban on imports of maize grain from Uganda and Tanzania with strict …
Read More »Uganda turns to foreign lenders again to secure Shs 10.3 trillion
But isn’t the country’s public debt gravitating towards a crisis? Kampala, Uganda | ISAAC KHISA | The National Resistance Movement administration plans to borrow Shs10.3trillion from external lenders in the FY 2021/22 that starts in July, according to the latest Budget Framework Paper, maintaining the country’s momentum towards the debt crisis …
Read More »NGOs call for reopening of borders as vendors decry lockdown
Kampala, Uganda | THE INDEPENDENT | Small-scale women traders have decried the way the government handled the lockdown when they were allowed to go back to the market without proper arrangements. When the government locked down the economy on April 1, markets were also closed down as a way of …
Read More »Uganda most expensive country to buy fuel in East Africa
The current situation place the country’s businesses in a disadvantaged position compared to their peers in the region Kampala, Uganda | ISAAC KHISA | Fuel consumers in Uganda could have been in a celebration mood as they reap benefits of reduced prices of the precious commodity that drives many economies …
Read More »SEATINI sues gov’t over continued use of glyphosate herbicides
Kampala, Uganda | THE INDEPENDENT | The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) and the Center for Food and Adequate Living Rights have sued the government challenging the continued use of glyphosate herbicides. This application comes after over 25 countries around the world banned the use …
Read More »Uganda to lose UGX 500bn to tax incentives in 2019/20 financial year
Kampala, Uganda | THE INDEPENDENT | Uganda is set to lose more than 500 billion Shillings in tax waivers during the 2019/2020 financial year alone, the Uganda Revenue Authority has indicated. A tax waiver is when a company or an individual engaged in a certain activity where they are supposed to …
Read More »SEATINI petitions court over public private partnership law
Kampala, Uganda | THE INDEPENDENT | Two charity organizations are seeking Constitutional Court declaration that four sections making up the back bone of Uganda’s Public-Private Partnership Act are inconsistent with the Constitution. The organizations say the four sections limit public participation in design and implementations of public projects, restrict access to …
Read More »We need more tourism incentives – operators
UTB says offers are good but the process must be transparent Kampala, Uganda | JULIUS BUSINGE | Uganda’s tour operators are requesting government to offer them more tax incentives to boost investment in the sector even as trade experts say the move denies the economy of huge sums of money. …
Read More »Court asked to expedite Rwanda border closure case
Kampala, Uganda | THE INDEPENDENT | Ugandan lawyer Steven Kalali who is challenging Rwanda’s actions of closing its Gatuna border has petitioned the East African Court of Justice demanding for a speedy hearing. In his petition, Kalali states that he filed his case in April 2019 and in May 2019; …
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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