Fish maw exports will attract 8% levy Parliament on Monday approved several new tax measures including an 8 percent levy on fish maw exports, 5 percent levy and 10 percent levy on processed gold and unprocessed minerals respectively.The House also approved a proposal for landlords to file separate returns from each
Read MoreMonth: December 2024
Arinda says Jada Coffee has been received positively by the market Known in her circles as Madam CEO, Jackie Arinda, is eight months old into the coffee business. However, the passion with which she markets Jada Coffee as its Chief Executive Officer (CEO) is worth recognition. Her choice of marketing is
Read MorePatience T Rubagumya, the URA Commissioner Legal Services and Board Affairs Honourable Justice Stephen Mubiru, Head Commercial Division of the High Court has in a landmark ruling declared illegal, the attempts by Edulink Holdings Limited to execute UGX 1,536,011,193/= against Uganda Revenue Authority (URA) when the same was capped by
Read MoreBrian Babeyo checks on his cocoa fruits/ Business Focus photo Cocoa farmers and experts in Kasese District are demanding the establishment of an independent authority to oversee crop production. They reason that the absence of such a body has affected their production and quality of Cocoa, which has affected the visibility
Read MoreBoU: Banks Charging Higher Interest Rates To Agriculture Compared To Other Sectors
Banks are charging higher interest rates to agriculture sector/Courtesy photo The Bank of Uganda’s Monetary Policy Report for April 2021 has shown that after a sharp decline in lending rates in December 2020 and January 2021 on account of significant loan extensions to some prime customers in the telecoms sub-sector, lending rates
Read MoreUBL, NARO Partner To Promote Research Aimed At Increasing Agricultural Production Among Rural Farmers
Dr. Ambrose Agona, DG of NARO (2nd L) & Alvin Mbugua, UBL MD (2nd R) sign the MoU as Dr. Sadik Kasim, Deputy DG of NARO (L) & Juliana Kagwa, UBL Corporate Relations Director look on. Uganda Breweries Limited (UBL) and the National Agricultural Research Organisation (NARO) have today launched
Read MorePrincipal Judge, Flavian Zeija (C), Registrar General, Mercy Kainobwisho (2nd L) in a group photo with other Judicial Officers during the training at Speke Resort, Munyonyo. The Uganda Registration Services Bureau (URSB) under their Insolvency & Receivership mandate today unveiled a week-long training for Judicial Officers. The training was officially
Read MoreFreeboy addressing journalists during the Press briefing as Viva Entertainment CEO, Gilbert Adibo looks on Local music artiste Mubarak Mandela commonly known as Free Boy has sued telecom giants MTN and Airtel for copyright infringement. Through Viva Entertainment, the artiste accuses the two telecom companies of using his song “Kwata
Read MoreRhino feeding on at Ziwa Rhino Sanctuary in Nakasongola district Uganda Wildlife Authority (UWA) has rejected requests by pastoralists in Nakasongola district to graze their animals inside Ziwa Rhino Sanctuary. More than 100 pastoralists from Nakitoma Sub County have been grazing over 3000 head of cattle inside Ziwa Rhino Sanctuary with permission
Read MoreOrient Bank head offices in Kampala I&M Holdings PLC has announced the majority acquisition of Orient Bank Limited (OBL) from 8 miles LLP and Morka Holdings Limited. OBL is the 12th largest bank and a licensed and established commercial bank in Uganda. I&M Holdings PLC and Orient Bank Limited signed
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