There was a heated debate among leaders from West Nile, over land control arising from cultural and polygamy practices driving land fragmentation in the region. Women leaders particularly blamed the culture of polygamy where men allocate land to each woman and the most hardworking takes the biggest share. They said
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The Church of Uganda has tremendously evolved from some of its core principals to accommodate Christian faithful using modern contraceptives of family planning. Previously, the church stamped a zero tolerance tag on the use of modern contraceptives in favour of the view that the practice is a sacrilegious sin against
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Coffee nursery operators in Greater Nebbi have petitioned President Yoweri Museveni over non-payment of coffee seedlings supplied in the financial year 2018/2019 under the Operation Wealth Creation-OWC program, URN reports. The coffee seedlings worth over 500 million shillings were supplied through the Uganda Coffee Development Authority UCDA and distributed to
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Liquid Telecom Uganda, one of the leading independent data, voice and IP provider in Eastern, Central and Southern Africa has joined Uganda’s Muslim fraternity in fasting and observing the holy month of Ramadhan. While supporting the Muslim Community at Kibuli Mosque on Friday, Liquid Telecom acknowledged the contribution that Muslim
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A civil Society group says government should not award tax exemptions considered "harmful" to the country's economy, URN reports. The Southern and Eastern Africa Trade Information and Negotiations Institute (SEATINI) says harmful tax exemptions cost the tax payer over 1.4 trillion shillings during the 2017/18 financial year. The 1.4 trillion shillings
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Know whether your business is making money. One of the most important financial concepts you'll need to learn in running your new business is the computation of gross profit, and the tool you use to maintain gross profit is markup. The gross profit on a product is computed as follows:
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Uganda Foreign Affairs Minister Sam Kutesa has today told heads of missions accredited to Uganda that Rwandan security operatives have been entering the country without permission, a move that could have put the security of citizens at risk. "A number of Rwandan security operatives have been entering Uganda
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A court in Kenya has ordered former President Daniel arap Moi to pay $10.5m (UShs39.5bn) in compensation to a widow for illegally seizing her land, BBC reports. Mr Moi transferred to himself 53 acres of land belonging to widow Susan Cheburet Chelugui, the judge ruled. The land was illegally grabbed
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Uganda’s banking sector continues to recover from turbulent times as witnessed by the increase in profits, lending, customer deposits as well as a reduction in Non-Performing Loans (NPLs) and bad loans written off. According to the Bank of Uganda (BoU), the ratio of NPLs to total loans in the banking
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The Uganda Shilling was stable cushioned by dollars inflows as demand remained muted on corporate mid- month tax payments. Trading was in the range of 3765/3775 during the week ending May17, 2019. In the money market, overnight funds were priced at an average of 6% while one week was at
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