US President Donald Trump (pictured) has sent a letter to the head of the World Health Organization (WHO) threatening to pull US funding permanently over COVID-19. The letter outlines a 30-day deadline for the body to commit to "substantive improvements" or risk losing millions and US membership altogether. Addressed to
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President Yoweri Museveni Monday evening addressed the nation for the 14th time about COVID-19 situation in the country. Here are the key take-aways from his address. Once the issue of universal access to standard/recommended face masks is addressed, then: 1. Shops selling general merchandize will open provided they are not
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By Charles Peter Mayiga On the 12th May, 2013 a royal proclamation, from Kabaka Ronald Muwenda Mutebi II, announcing my ascendency to the office of Katikkiro was made. I then became the fifth Katikkiro during his reign, to date, During the time of the Ssaabataka's Supreme Council (the precursor to
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There is not a cave, rock or bunker on the face of the earth safe enough for manufacturers and importers who flout Digital Tax Stamps (DTS) protocols to hide under as the joint Uganda Revenue Authority (URA) enforcement team continues to bite especially during the lockdown. Over the weekend, the
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KCB Group chief executive officer Joshua Oigara (pictured) earned KSh299.1 million (UShs10.62bn) in salary, bonus and allowances in 2019, a year when Kenya’s biggest bank by assets announced a record net profit, Daily Nation reports. Mr Oigara’s compensation increased by 9.6 percent or the equivalent of KSh26.2 million (UShs 930.69m)
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The Ministry of Heath has announced 21 new cases from 1,071 samples from various Points of Entry, taking Uganda's total confirmed cases to 248. “All cases are Ugandan nationals from Elegu, Mutukula and Malaba points. All 253 community samples are negative for COVID-19,” the Ministry said, adding that the COVID-19
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Filing tax returns is important because it allows taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the over-payment of taxes. This is a process where a taxpayer reports accurately, correctly and in completeness all tax obligations according to the tax laws to Uganda Revenue Authority
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Mandatory testing at the border with Uganda has already caused long queues Kenya's President Uhuru Kenyatta has ordered the closure of the country's land borders with Tanzania and Somalia except for cargo transport. The order came into effect at midnight local time on Saturday. Testing for the coronavirus at border
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By Ronald Kasasa The COVID-19 pandemic has come hard at every business operation, regardless of size, balance sheet or level of preparedness. After months of watching the situation remain the same or in some cases, get grimmer, it’s safe to say that we’ve come to the point of fight or
Read MoreNon-Performing Loans (NPLs) is one of the key parameters for the banking industry. It determines the health of the industry. According to Bank of Uganda (BoU), the regulator of commercial banks, the NPL ratio is deemed healthy for the banking industry when it is below 5%. In this analysis, Business
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