Remittance inflows – money sent back home by Ugandans abroad – continue to provide a stable source of foreign exchange for the economy while supporting many households. According to a report by Migration and Development Brief, Uganda was among the top ten recipient countries of remittances in Sub-Saharan Africa in
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Hasfa Seguya, a tax literacy official at URA The need to keep proper business records for self-assessment and tax purposes Saturday morning dominated a tax baraza convened by Uganda Revenue Authority (URA) at the Authority’s headquarters in Nakawa. Gyaviira Bsulwa, the Head of Finance at Uganda Small Scale Industries Association (USSIA) says
Read MoreMany private school operators are currently hunting for teachers as educational institutions prepare for full reopening after over 80 weeks of school closure in Uganda. Due to COVID-19 induced lockdowns, private schools in Uganda laid off their staff since many couldn’t afford to pay them at the time when schools
Read MoreEng. Luyimbazi says illegally constructed buildings will be demolished at the cost of the developer Kampala Capital City Authority -KCCA has earmarked 3,300 buildings in the five divisions of the for demolition if the owners do not move to rectify the queries on them, including getting the proper and documented
Read MoreCNOOC officials visiting some of the oil wells China National Offshore Oil Corporation (CNOOC) has revealed that the Final Investment Decision (FID) on Kingfisher Project will be made early 2022, a decision if undertaken will determine if the Chinese firm will take part in oil production in the Albertine Graben.
Read MoreAgriculture Minister Tumwebaze Flags Off Construction Works For Shs 71 Billion Acomai Irrigation Scheme
Minister Tumwebaze flagging off the Shs 71 billion project earlier today Earlier today, the Minister for Agriculture, Animal Industry and Fisheries Frank Tumwebaze together with Deputy Speaker of Parliament Anita Among flagged off the construction works for the Acomai Irrigation scheme. The Shs 71 billion scheme will serve an area
Read MoreManaging Director of Housing Finance Bank, Mr. Michael Mugabi receiving the award from Matia Kasaija, Finance minister Housing Finance bank received recognition as the first (1st) runner up in the Uganda Revenue Authority Awards under the Excel category. The bank was applauded for being key in the Banking and Mortgage
Read MoreMr. Hez Kimoomi Alinda, Executive Director of Uganda Free Zones Authority addressing the media at Media Centre Uganda Free Zones Authority (UFZA) presented its Annual Performance for the Financial Year 2020/21 at the Uganda Media Centre. The report captured the performance of the Free Zones, challenges encountered and recommended actions
Read MoreOmukama Solomon Gafabusa Iguru (L) receives the official ball a tournament from CNOOC Head of Public Affairs, Zakalia Lubega a few years ago/Courtesy photo China National Offshore Oil Corporation (CNOOC) has revealed that the Bunyoro Amasaza Tournament that were called off following the outbreak of Covid-19 will return next year. However, this will depend on
Read MoreThe Prime Minister of Bunyoro Kingdom and his team were given a guided tour of Kingfisher oil fields by CNOOC officials China National Offshore Oil Corporation (CNOOC) has revealed that new studies are being carried out to study the pattern and behavior of Lake Albert in order to avoid another catastrophe
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