The home unit was kept on the edge, mildly dropping, knocked by sustained demand against lacklustre flows. Out turn was also in line with market expectation that the shilling would remain bearish based on the global perspective that as the US went into elections, the uncertainty around the election results
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URA boss, John R. Musinguzi The Commissioner General of Uganda Revenue Authority (URA), John R. Musinguzi has been elected as a member of the African Tax Administration Forum (ATAF) Council for the period 2020-2022 by the 6th ATAF General Assembly. This is a big milestone for the URA boss considering
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Troubled retailer Tuskys has sunk into more woes as aggrieved senior staff take away the supermarkets cash and inventory in place of unpaid salaries. As the management of the supermarket battles to end fires from its aggrieved creditors, unpaid branch managers have opted to ‘pay themselves’ from daily sales proceeds
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Minister Oryem (L) paid outstanding tribute to outgoing UK High Commissioner to Uganda His Excellency Peter West. Hon. Okello Henry Oyrem the Minister of State for Foreign Affairs in charge of International Affairs on Wednesday 4th November 2020 hosted a farewell luncheon in honour of the outgoing UK High Commissioner to Uganda His Excellency Peter West.
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At least 68 students and five teachers have tested positive for Covid-19 at a school in Kenya's Nakuru County, as the number of new cases continues to rise. One student has been rushed to hospital after developing complications, according to the office of the government spokesperson. https://twitter.com/SpokespersonGoK/status/1324286080376578050?s=20
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US President Donald Trump US President Donald Trump's spiritual adviser Paula White-Cain says "angels have been released" from Africa and South America to help him win. During a fervent prayer service, she says: "I hear a sound of victory. The Lord says it is done. For I hear, victory, victory,
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Umeme integration line from the UETCL Mukono North Substation supplying power to the industrial areas of Mbala and Mpata. Mukono North substation is now in use after power distributor Umeme constructed lines to link the facility with consumers. Umeme has erected poles and strung cables from the facility in Mbalala,
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NSSF Deputy Managing Director Patrick Ayota The National Social Security Fund (NSSF) has won a landmark Shs42.5bn tax dispute against the Uganda Revenue Authority (URA) on whether the interest rate the Fund pays to its members every Financial Year is a deductible expense for income tax purposes. The dispute arose
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The IMF Managing Director, Kristalina Georgieva The Kingdom of Morocco, the World Bank Group and the International Monetary Fund (IMF) announced today that the planned World Bank Group-IMF Annual Meetings scheduled to take place in Marrakesh , Morocco, in October 2021 will be postponed by 12 months until 2022 due
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The former Director General of Internal Security Organisation (ISO), Colonel Kaka Bagyenda (pictured) snubbed appearing before Parliament’s Appointments Committee for vetting as Uganda’s Ambassador to Angola. Kaka was recently fired as ISO boss by President Yoweri Museveni. In a move to redeem his career that had been left in tatters,
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