How To Export Duty-Free From Uganda To The U.S. Under The African Growth And Opportunity Act (AGOA) This guide (below) outlines the step-by-step process that Ugandan businesses should take to export to the U.S. duty-free through AGOA. Exporting can be a challenging process, but it can also be profitable for the …
Read More »Bank of Uganda reduces CBR to 10% for next three months
Kampala, Uganda | JULIUS BUSINGE | Bank of Uganda has today (June 19) announced a reduction of the Central Bank Rate (CBR) by 1 percentage point to 10%. Governor Emmanuel Tumusiime Mutebile made the CBR announcment that sends a signal to the market on the direction of interest rates. This rate, that …
Read More »Region focuses on infrastructural devt in 2017/18 budgets
BUDGET: The EAC countries are looking at reducing the cost of doing business Kampala, Uganda | ISAAC KHISA | Governments in the East African Community seem to be determined to ease the cost of doing business in the region as they allocate massive budgets to infrastructural developments in the new financial …
Read More »Kampala Metropolitan Rapid Bus Transport investors here
Entebbe, Uganda| PPU| Uganda has signed a Memorandum of Understanding (MOU) with Chinese investors for three key projects. President Yoweri Museveni witnessed the signing of the projects, which will see an East Africa-China Manufacturing, Trade and Exhibition Centre centre set up in Uganda. The other projects will see an establisment of …
Read More »The politics behind the budget
BUDGET ANALYSIS: Why UDB got Shs50bn, Museveni donations Shs70bn and more Kampala, Uganda | JULIUS BUSINGE | Matia Kasaija, Uganda’s Finance minister, is a jocular person for whom talking tough is always light hearted. It was no different on June 12 when he attended a post-budget reading breakfast meeting organised by …
Read More »THE LAST WORD: Behind the 2017/18 budget
How money is an important a political resource that allows Museveni to manage power The Last Word | ANDREW MWENDA| Last week, the government presented the national 2017/18 budget totalling Shs24 trillion in spending. For many commentators on the Ugandan traditional and social media scene, the budget is as an economic …
Read More »Mercury: Slow killer in Uganda’s gold mines
Mercury: Slow killer in Uganda’s gold mines Kampala, Uganda | RONALD MUSOKE | Inside one of the dozens of gold camps that dot the foothills and valleys of Mubende in central Uganda, the hustle and bustle is astounding. “Saigon City” nestled in the valley of Kayonza; Kitumbi Sub-County is one such camp. …
Read More »UPDATE: 13 dead in eastern DR Congo clashes
Goma, DR Congo | AFP | A soldier and 12 militants were killed Saturday in clashes in DR Congo’s restive eastern North-Kivu province, the army said. “Twelve Mai-Mai and an officer from the Armed Forces of the Democratic Republic of the Congo died in fighting that last nearly all of …
Read More »THIS WEEK: National policy on exams in the works
THIS WEEK: National policy on exams in the works Stakeholders in the education sector have agreed to formulate a national policy on learners’ assessment and examination system. The policy will give guidelines on how to assess progress of learners to help teachers understand the learners’ abilities better. There have been …
Read More »THIS WEEK: URA takes over collection of non tax revenues
THIS WEEK: URA takes over collection of non tax revenues Starting July, Uganda Revenue Authority (URA) will be collecting non tax revenue and appropriation in aid fees in form of express penalties, firearm certificates and guard fees that organizations like Police have been responsible for. In his budget speech, Finance …
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