John R. Musinguzi, the URA Commissioner General Uganda Revenue Authority (URA) Commissioner General, John R. Musinguzi has called on Ugandans to explore alternative dispute resolution methods rather than courts especially on cases relating to tax. He made the call during a recent webinar where he discussed URA’s domestic revenue mobilization
Read MoreMonth: December 2024
Uganda’s total public debt stock (in nominal value) stood at Shs56.5 trillion (40.9 percent of GDP), as at end June 2020, the Bank of Uganda (BoU) Annual Report for Financial Year 2019/2020 released on October21 has revealed. This represents an increase of 19.6 percent relative to June 2019. “The increase
Read MoreCommercial banks in Uganda approved loans worth Shs1 trillion in August 2020, the September 2020 Performance of the Economy Report released by Ministry of Finance has revealed. “During August 2020, Shs1, 020.57 billion worth of credit was approved for disbursement to the private sector,” the report reads in part. It
Read MoreLack of money is the biggest source of stress. It actually causes many people to make wrong choices and decisions out of frustration. If you were to ask most of those categorized as "successful people” many would tell you their tricks in how they started to save from their small
Read MoreThe Electoral Commission has verified and cleared the supporters of four aspiring candidates for the 2021 Presidential Elections. They are Yoweri Kaguta Museveni (NRM), Mwesigye Fred (Independent), Tumukunde Henry Kakurugu (Independent) and Kalembe Nancy Linda (Independent). Section 10(b) of the Presidential Elections Act provides that a Presidential candidate’s nomination shall
Read MorePresident. Yoweri Kaguta Museveni officiated at the commissioning the Shs82.3Bn phase 1 Gulu Water Supply and Sanitation The Government of Uganda through NWSC is constructing the Gulu Water Supply and Sanitation project to serve over 341,000 people in Gulu, Karuma, Kamdini, Minakulu, Bobi, Palenga, Koro- Abili and the surrounding areas The project
Read MoreThe local unit nursed losses as demand surged early in the week mainly from the corporate sector. At the close of the week, pressure had eased with quotes on both counters holding 3705/3715. In the fixed income market, government securities yields marginally dipped on the short end of the curve,
Read MoreCoffee is Uganda's major export item The Middle East is now Uganda’s major export destination after overtaking the East African Community (EAC), the September 2020 Performance of the Economy Report released by Ministry of Finance has revealed. “Uganda’s major export destination in August 2020 was the middle East as opposed
Read MoreTrump announced the deal while on a three-way call with the leaders of Sudan and Israel/Reuters Sudan is to normalise relations with Israel - the latest in a series of Arab League countries to do so. At the same time, US President Donald Trump has removed Sudan from the US
Read MoreKalungu West MP, Joseph Gozanga Ssewungu A section of MPs from Buganda region have asked the Catholic Church and Buganda Kingdom to reject Police apology over its brutality. The IGP Martin Okoth Ochola Thursday made changes to the Police Force in which he transferred the RPC of Wamala region Bob
Read More