Banks pass on the tax charge to customers, increasing the burden on borrowers already grappling with adverse effects of the coronavirus-induced hardships. ILLUSTRATION | SHUTTERSTOCK NCBA and KCB have become the first lenders to increase the cost of their loans after a 20 percent excise duty tax on fees and
Read MoreMonth: June 2025
Jinja-Road police Station has opened fresh inquiries into the death of 19-year-old Mark Mudoola, a former senior six leaver who died at Butabika National Referral Mental Hospital in May this year. The move stems from pressure from the deceased’s family demanding justice. The deceased’s family disputes a May 21, 2021,
Read MoreEmmanuel Muwema, a doctor attached to Jinja Regional Referral Hospital is in trouble for allegedly staging a street bash in violation of the curfew time and COVID-19 preventive measures. Trouble for Muwema started on Saturday evening when he allegedly parked his vehicle registration number, UBG 997H along Iganga road in
Read MoreHealth experts have dismissed allegations that the COVID-19 vaccine is responsible for the death of people succumbing to the virus shortly after taking the jab. Dr. Alfred Driwale, the Assistant Commissioner & Program Manager of Uganda National Expanded Program on Immunization-UNEPI, says that while it is true that people can
Read MoreBy Livingstone MukasaSomething weird happened last year. As the pandemic was raging, the rich made even more money. By some estimates they added more than $1 Trillion to their portfolio and they are on course to do the same this year 2021. That’s why you should not take your eyes
Read MoreMore than 500 girls leave Uganda each day for domestic work in the Arab World, an official from the Internal Affairs Ministry has revealed. Agnes Igoye, the Deputy Coordinator for Prevention of Trafficking in Persons in the Internal Affairs Ministry, says that although several male youths are also leaving for
Read MoreThe government started implementing the new 12% excise duty on airtime and internet data, among other fiscal measures for the year 2021/2022 that started Thursday. But who gains and what does it mean for the user of telecommunication services? The new tax was part of the amendments in the Excise
Read MoreTwo Chinese nationals attached to China Henan International Cooperation Group Ltd (CHICO), which is constructing Rukungiri-Kanungu road are in police custody in Kihihi Town in Kanungu District for connivance with suspected fuel thieves. The suspects, whose identities have been withheld by police, have only been identified as the Site Manager
Read MoreFinance Minister, Matia Kasaija The whereabouts of Shs18 .5 billion which was approved by parliament last year in the supplementary budget to procure covid19 vaccines remains unknown Last year the ministry of finance and the ministry of health brought to parliament a supplementary of Shs18.5 billion to procure covid19 vaccine to
Read MoreThe Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is worried that farmers may fail to plant cotton over seeds supply issues. Former MAAIF Minister, Vincent Ssempijja made the revelation recently while handing over office to his successor, Frank Tumwebaze . “Cotton may have problems because the private sector is incapacitated,” Ssempijja
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