The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …
Read More »Local content legislation to boost local entrepreneurs
The law seeks to allocate at least 40% of sub-contracts in public procurement to local companies Kampala, Uganda | ISAAC KHISA | For quite a while, Uganda’s entrepreneurs have been lagging behind owing to the stiff competition from big foreign firms. But this could soon come to an end following …
Read More »COVID-19: Digital Tax Stamps back on the table
Manufacturers want government to continue footing the bill for due to coronavirus pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s manufacturers now want government to continue footing the bill for the Digital Tax Stamps (DTS) due to the threat being posed by coronavirus pandemic (COVID-19) to businesses. DTS are markings …
Read More »Plan to open Schools, Churches and Mosques delayed
MEASURES CONFIRMED ✳ June 4 – Resumption of public transport ✳ June 4 – Shopping malls to open ✳ Candidate class schools reopening plan postponed by a month ✳ Decision on Churches, Mosques delayed ✳ Decision on sports delayed Kampala, Uganda | THE INDEPENDENT | The government has delayed a …
Read More »LIVE: Museveni’s 15th address on COVID-19
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda is likely to lose $1.6 billion in expected revenue from tourism as a result of COVID-19 and most of the annual $1.3bn expected in remittances from the diaspora. He also said that the “lock-down cannot and should not continue indefinitely. …
Read More »Team Europe to provide UGX 518Bn to support businesses battered by coronavirus
Kampala, Uganda | THE INDEPENDENT | Countries and organizations in Europe under their umbrella Team Europe have announced plans to provide 125 Million Euros (about Shillings 518 billion) in loans to support small and medium Ugandan enterprises to recover from coronavirus impact. In a statement issued on Monday, Team …
Read More »UGANDA: 40 new COVID cases
UPDATE 🔺 May 31st – new COVID-19 cases 40 🔺 Total confirmed cases 453. 🔺 20 new cases are from South Sudan point of entry, 2 Mutukula, 1 Padea 🔺 17 new cases are contacts to previously confirmed truck drivers. 🔹31 positive foreign truck drivers were handed over to their country of origin 🔸Total …
Read More »COVID-19: Museveni address on today, 8pm
Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni will tonight at 8pm, address the country on efforts to combat the COVID-19 pandemic and outline new measures to ease the lock-down. He is expected to explain measures to be put in place to open up public transport on June 4, …
Read More »Free COVID facemasks? Give me a break
How democratic politics has placed Uganda on a perilous road of an irresponsible and lazy citizenry THE LAST WORD | ANDREW M. MWENDA | A dangerous, pervasive and malignant sense of entitlement has grown, spread and consolidated in Uganda. Many Ugandans believe they are entitled to various welfare benefits from …
Read More »COVER STORY: Covid is no joke
2500 Ugandans could die Kampala, Uganda | JOSEPH WERE | Uganda on May 26 took a bold step and eased a 60-day lockdown imposed in March when the first case of the Coronavirus disease COVID-19 was registered in the country. That same day, Uganda registered the highest number of recorded …
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