Uganda Breweries Managing Director Andrew Kilonzo before Parliament’s Finance Planning and Economic Development Committee. The new tax proposals in the Excise Duty (Amendment) Bill 2024 once passed by Parliament, would make alcoholic beverages unaffordable to consumers, resulting in reduced volume sales, leading to a decline in annual tax revenues to
Read MoreYear: 2025
7 Out Of Every 10 Ugandans Operating A Personal Budget Deficit-New Report
A new report has revealed that seven out of every 10 Ugandans are operating a personal budget deficit and as such, need more money than they are earning to cover their personal budget. Additionally, the report says that Ugandans are relying on on their families and friends, personal savings and
Read MoreTraceability System: Parliament Asks Gov’t To Provide Shs32.5bn For Registration Of All Coffee Farmers, Players
The coffee traceability system will see all coffee farmers and players registered/Business Focus photo Parliament has asked Government to provide Shs32.5Bn to Uganda Coffee Development Authority (UCDA) to establish a coffee traceability system that will see all coffee farmers and players in the coffee sector registered. This is aimed at ensuring that Uganda
Read MoreAchieving Financial Fitness in 2024: A Guide to Personal Growth and Stability
Barbara Asiimwe, Senior Manager - Salaried, at dfcu Bank We are four months into a new year and many of us are still at the initial stages of our yearly resolutions which we set in the hopes of improving our lives. While aspirations vary from person to person, achieving financial
Read MoreL-R: Kazeem Tewogbade, Co-Founder of BlueChip Technologies, Chris Baryomunsi from the Ministry of ICT and National Guidance and Soyombo Olumide- Co- Founder, Blue Chip Global technologies during the official launch of BlueChip Technology in Uganda. Today marks a significant milestone for BlueChip Technologies, an African tech giant specialized in Data
Read MoreMinister Ruth Nankabirwa (3rd Right) commissioning the biomass plant as UBL officials look on Uganda Breweries Limited (UBL) proudly announces the commissioning of its state-of-the-art UGX 37 billion biomass plant, marking a significant milestone in the organization’s commitment to sustainability while demonstrating dedication to reducing its carbon footprint. The facility represents a substantial investment by
Read MoreGrace Nandawula, (Second left) Nutrition Category Manager at Unilever hands over a basket with items donated to the muslim community to Executive Imam at Kibuli Mosque, Sheikh Mutyaba Abdusalam during the culmination of the 'share goodness' campaign. Unilever’s iconic seasoning brand, Royco, concluded its month-long Ramadhan campaign with a grand
Read MoreState House Anti-Corruption Unit Starts Withdrawing Stolen Fertilizers From Container Village As Turkish Investor Loses Shs2.2bn
The fertilizer in question/ courtesy photo The State House Anti-Corruption Unit has started withdrawing stolen fertilizers from Container Village and the market in general. The Unit is currently investigating a matter in which a Turkish company, Iskenderun Fertilizer Inc., was defrauded over Shs 2.2 billion in a transaction for the supply
Read MorePolice in Busoga East is investigating circumstances under which a 52-year-old, Betty Nabirye, a resident of Busakira C village, in Kityerera sub county, in Mayuge district collapsed and died during a village saving group meeting on Monday evening. It is reported that members of Busakira C women village saving group
Read MoreRelief At Makerere As Gov’t Allocates Funds To Harmonize Salaries In 12 Public Universities
There is a sense of relief within Makerere University staff circles after the government has allocated at least Shs61 billion to harmonies salaries of staff in 12 public universities. In an April 3 communication from the Ministry of Public Service addressed to public university secretaries, Undersecretary Godfrey Kaima noted that
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