Uganda has officially joined regional neighbours including Kenya, Rwanda and Tanzania in implementing Digital Tax Stamps Solution aimed at increasing revenue collections and fighting counterfeits goods. On Thursday 31st October 2019, the Prime Minister Dr Ruhakana Rugunda convened a meeting of key stakeholders to reach a harmonized position on how
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Minister of Justice and Constitutional Affairs, Kahinda Otafiire (pictured above) and Budadiri West MP, Nandala Mafabi Friday clashed over a government farmland in Njeru. This is after Otafiire tabled before Parliament documents he said detailed how he came to own government land at Njeru stock farm, arguing that the documents
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The European Union in Uganda has added its voice to those criticizing the brutality unleashed on students and journalists at Makerere University. In a press statement, the EU has also called for investigations on those responsible for beating students and journalists during the ten days of strike at Makerere University.
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NBS Television has announced that former NTV News anchor, Sheila Nduhukire is joining the Kamwokya based station. Nduhukire was presented on Friday afternoon as a new member of the Next Media Family. "I'm pleased to introduce to you Sheila Nduhukire. Join me in welcoming her to the Next Media Family
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A hacking group composed of nationals from three East African countries has been arrested in Rwanda while attempting to breach the systems of a bank. The Rwanda Investigation Bureau says the hackers planned to steal money from clients' accounts at Equity Bank, but did not say when the hacking attempt
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Uganda Revenue Authority (URA) has rescinded its earlier directive ordering all banks and Forex bureaus to ensure that persons sending money outside Uganda in excess of Shs50m are cleared by the tax body. In a letter dated 25th October 2019 to bank CEOs, Henry Saka, the URA Commissioner Domestic Tax,
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Passion fruit is a perennial climbing vine and a popular crop in Uganda, with good domestic and export market. The fruit may be eaten fresh or consumed after extracting the pulp and juice. Juice is used in a variety of products and the pulp may be added to various dishes.
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The flow at the Africa’s biggest waterfall is at its lowest since 1995, highlighting the threat posed by a drought to tourism and electricity generation in Zimbabwe and Zambia. Flow has slumped to 109 cubic meters-per-second (3,850 cubic feet) at Victoria Falls, a 1.7-kilometer (1.1 mile) curtain of falling water
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President Yoweri Kaguta Museveni met with a visiting Danish agri and food tech-business delegation from the Danish Agriculture and Food Council at State House, Entebbe. Led by Mr Jeppe Sondergaard Pedersen, the Danish companies seeking to invest in agriculture and share knowledge with Ugandan farmers include; - Cimbria, dealing in grain handling
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The Uganda shilling hit a bit of volatility, trading sideways as pockets of demand emerged amid low fx supply in the week ending 1st November 2019. The unit traded above the support level of 3700 for most sessions of the week. In the interbank money market, there was sufficient liquidity
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