By Peter Abaanabasazi (more…)
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Month: December 2024
Uganda’s National Assembly is set to probe the country’s tax body, Uganda Revenue Authority (URA) over reports that the latter waived tax to a tune of $157m (Approximately Shs564bn) to oil companies, Tullow Uganda Limited and Tullow Uganda Operations Pty Limited. We have learnt that the two firms entered into
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Uganda's Public Service Commission (PSC) and the Electricity Regulatory Authority (ERA) are among the organisations with job openings. PATH, an NGO, Britam Insurance, PLAN INTERNATIONAL UGANDA are the other companies looking for employees. If you have been job hunting, follow the links below to see whether you qualify and apply.
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Senior Presidential Advisor on the Media, Tamale Mirundi believes the much advocated for financial bailout cannot work in the country. Mirundi, a former Presidential Spokesperson revealed this last week in an exclusive interview with Business Focus saying, leaders made mistakes that plunged the country in the current economic mess. “The
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In PART I published earlier, we unveiled 15 unexploited opportunities in Uganda’s trade sector recommended by Uganda Investment Authority. Some ideas can pay back investment money in three months and a profit margin for some ideas is over 90%. In PART II, we bring you more business start-ups that can
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The Uganda Shilling was relatively stable against the US dollar supported by the Central Bank liquidity mop ups during the week ending February 10, 2017. Demand remained subdued. Trading was in the range of 3590/3600. In the money market, Overnight rate was 10% while one week money was at 12%.
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A lot of mess continues to unfold in the ongoing probe into the Shs6bn Presidential handshake. The probe took a new twist when it was revealed that the London law firm hired to defend Uganda was paid by two Government entities to handle the same case. The revelation of the
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On February 15, 2017, the Bank of Uganda (BoU), Uganda’s Central Bank cut the Central Bank Rate (CBR), a benchmark lending rate for commercial banks, to 11.5%, down from 12% in December 2016. Prof. Emmanuel Tumusiime-Mutebile, the Governor, BoU, said that a cautious easing of monetary policy was warranted to
Read MoreUnited Nations Development Programme (UNDP) is now accepting applications for the ‘Uganda Training on Environment, Community, Health and Safety’, Business Focus has established. The trainings will be delivered on a regional basis with Entebbe (Central), Kasese (West), Mbale (East) and Gulu (North) being the training hubs, UNDP Uganda office said
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Uganda’s former Finance Minister the late Jehoash Mayanja-Nkangi will remain a pillar in Uganda’s history for he was a rare politician, who played a key role in turning around Uganda’s economy when it was on its knees. During the Funeral Service of the late Mayanja Nkangi held at Ntinda, Kampala
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