South Sudan foes agree to withdraw forces from ‘urban areas’ Khartoum, Sudan | AFP | South Sudan’s government and rebels agreed Friday to withdraw troops from urban areas, a Sudanese official said, as they signed a deal aimed at ending a four-and-a-half year civil war. The deal comes a day …
Read More »France gives Uruguay ‘football lesson’, storm WCUP semis
Uruguayans admit France gave ‘football lesson’ at World Cup Montevideo, Uruguay | AFP | Uruguayans were gracious in defeat after France ended their World Cup hopes on Friday with a 2-0 quarter-final victory. “France crushed Uruguay!” admitted Observador, one of Uruguay’s main newspapers. “They handed out a football lesson, dominating …
Read More »DRC: 7 killed in clashes between DR Congo, Ugandan navies
Goma, DR Congo | AFP | Four Ugandan soldiers and three civilians were killed Thursday in clashes on Lake Edward that lies between the two countries, a senior official in the Democratic Republic of Congo said. Other clashes in the region between DR Congo forces and Ugandan rebels as well as …
Read More »Finishing off Kayihura
Finishing off Kayihura – And the hunt for Crime Preventers’ boss Kampala, Uganda | HAGGAI MATSIKO | The noose around besieged former Inspector of Police Kale Kayihura continues to tighten as a joint Internal Security Organisation (ISO) and Chieftaincy of Military Intelligence (CMI) operation pursues more of his close associates. The …
Read More »Uganda’s ambitious revenue target for FY 2018/19
URA to collect Shs16.3tnas experts worry about some proposed taxes Kampala, Uganda | ISAAC KHISA | Newly proposed taxes and enhanced revenue collection measures could help the taxman collect an additional Shs1.9trillion to hit the new Shs16.3trillion revenue target. The government has tasked the Uganda Revenue Authority (URA) to collect more money in …
Read More »Uganda going deeper into debts
Why government must listen and act on economic expert views Kampala, Uganda | JULIUS BUSINGE | How much public debt can the Ugandan government afford? Nobody seems to be having the right answer even as the government continues to borrow, sinking the country deeper into more debt. While reading the national …
Read More »Kayihura’s fall
His enemies and the traps that got him Kampala, Uganda | HAGGAI MATSIKO | When former Police Chief, Gen. Kale Kayihura will be charged, whether of murder, sabotage, espionage or any other of the crimes for which he is said to be facing investigation; his real crime will be that of …
Read More »Uganda Clays steady profit growth
Competition from other clay products makers threatens its further increase in sales Kampala, Uganda | ISAAC KHISA | Clay products maker, Uganda Clays Limited (UCL), has recorded a steady profit growth for the second year running citing increased marketing and the decision by the majority shareholder, National Social Security Fund, …
Read More »W BANK: Increasing tax flow key to financing Uganda’s growth
Kampala, Uganda | THE WORLD BANK| Improving tax revenue is essential to sustaining economic growth in Uganda, according to a recent economic analysis for the country. The Uganda Economic Update, Financing Growth and Development: Options for Raising More Domestic Revenues, says that while economic growth has rebounded from 4.5% to 5.5% …
Read More »Rethinking ban on importing used cars
Gov’t could lose nearly Shs200bn annually; thousands of jobs at risk Kampala, Uganda | JULIUS BUSINGE | Supporters of a ban on import of cars older than eight years would be much happier if the current law, The Traffic and Road Safety Act, 1998, is amended. But opponents, however, say it …
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