Government’s new tax proposals in the 2018/19 budget have come under scrutiny, with tax experts wondering whether government was properly advised. Some of the contentious tax proposals include the Shs200 daily tax on social media, reinstatement of corporation tax on SACCOs making profits and 1% tax on Mobile Money transactions
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Ethiopia’s former prime minister urged South Sudan’s leaders to resign for the sake of peace, the Sudan Tribune reports. According to the Paris-based paper, Hailermarian Desalegn, who resigned in February, made his remarks at a conference in Rwanda organised by Mo Ibrahim Foundation over the weekend. The paper says it
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Police in Kampala have arrested the prominent and most wanted marijuana drug lord in Kampala. Kyataka Mukiibi who also calls himself "General" was arrested by police officers around Market Street after a tip off by concerned citizens while he was supplying and collecting money from his clients. “Mukiibi has for
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Kenya’s environment watchdog has made an about-turn over plans to ban the use of plastic bottles, which was set to take effect at the end of this month, the Daily Nation reports. The National Environment Management Authority (Nema) had given manufacturers of plastic bottles up to April 31 to install
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One of the Fortebet punters had a very blissful weekend after winning a whopping Shs20 million, thanks to the good odds offered by Uganda’s leading betting company. Most interestingly, this lucky punter only selected strictly 7 games from only three leagues from Africa including Azam Uganda Premier league. Were his
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In 2017, Kenya, the only middle-income economy in the East African region, embarrassingly struggled to feed herself. As food security deteriorated to a 10-year low, the country turned to her poor neighbours including Uganda and Tanzania to plug the deficit, reports the Standard. But the search for missing food did
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2017 was generally a challenging year for Uganda’s banking sector, but it was more challenging for Standard Chartered Bank (StanChart). According to the bank’s 2017 financial results released on Friday, StanChart net profit dropped by 16.9% to Shs93.19bn in 2017, down from Shs112.15bn recorded in 2016. Most of the bank’s
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Crane Bank acquisition by dfcu on February 27, 2017 at a paltry fee of Shs200bn has elevated it to the table of big boys in the banking industry, Business Focus exclusively reports. Before the acquisition, dfcu wasn’t among the top five banks in Uganda. It was competing for the 6th
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Award winning song writer, Sylver Kyagulanyi on Friday evening graduated from the Law Development Centre (LDC) much to the excitement of his family, friends and fans. A surprise graduation party was thrown for the legendary song writer at Posh Skyz Hotel in Naguru. The party was organised by SIKIA studio
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Sex industry workers and escorts looking for employment in New Zealand could be in luck as the immigration website lists both vocations on the skilled employment list, a number of international media outlets have reported. According to information on Immigration New Zealand's website, sex work is listed as ANZSCO level
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