Secretary to the Treasury Ramathan Ggoobi The government will no longer give what it is calling discretionary tax relief measures to sectors or enterprises in a financial crisis as has been the case, like under the current COVID-19 pandemic. The announcement comes as entrepreneurs continue to call on the government
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Chief Justice Alfonse Owiny-Dollo The Chief Justice Alfonse Owiny-Dollo has criticized the Chief Coordinator of Operation Wealth Creation (OWC) Gen. Salim Saleh (rtd) over the designs of the Parish Development Model, saying that it’s unfair to Acholi Sub-region. Justice Owiny-Dollo says that the design of the Parish Development Model doesn’t
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Dr. Peter Kimbowa, the new NSSF Board Chairman The Minister of Finance, Planning and Economic Development, Matia Kasaija has appointed a new Board of Directors for the National Social Security Fund (NSSF) for the next three years effective September 01, 2021. The new Board is headed by Dr. Peter Kimbowa, a corporate
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Desperate truckers protesting the killing of their colleagues in South Sudan The majority of ambushes on Ugandan traders in South Sudan have occurred on vehicles that do not respect arrangements on the movement of convoys. Government records show that 14 Ugandans were killed in South Sudan between May and August 2021. They
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MPs on Parliament’s Budget Committee have quizzed Dr. Monica Musenero (pictured), the Minister of Science and Technology over claims that she has been bullying staff at the Ministry. The Minister is also accused of barring some staff from accessing the Ministry after she allegedly ordered Special Forces Command (SFC) to take
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Stanbic Bank Uganda has countered fraudulent activity by a few of its banking agents aimed at defrauding the bank through a process flow error that affected some third party agent banking transactions. In a statement dated September 1, 2021, Stanbic said the incident did not affect customer transactions or balances and agency
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Millers are stuck with sugar over limited market Ugandan sugar millers are stuck with a surplus of 160,000 metric tonnes of Sugar, the Uganda Sugar Manufacturers Association (USMA) has revealed. They say this is due to dwindling export market for Ugandan sugar. Against the above background, 14 sugar manufacturers today
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Business leaders and experts have cast doubt on whether the East African Community will benefit from the African Continental Free Trade Area (AfCFTA) that took effect January 1 this year. The AfCTA is a trading arrangement supported by 54 African countries to create a single market, deepening the economic integration of the continent,
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By Yusuf Masaba In the recent past, a host of countries especially those from the West have announced major commitments to significantly cut the carbon emissions, committing to achieving “net zero” in a few decades. In pursuit of this, huge cutbacks in the fossil fuels industry are expected to be
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HIV activists have raised concern about the continued high rates of HIV infection in Africa and renewed calls for strengthening prevention strategies. This follows another HIV vaccine trial that failed to make it through clinical trials. Ntando Yola, an HIV advocate with the Desmond Tutu Health Foundation, one of the
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