By Peter Abaanabasazi (more…)
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BusinessFocus Reporter
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Uganda’s National Assembly is set to probe the country’s tax body, Uganda Revenue Authority (URA) over reports that the latter waived tax to a tune of $157m (Approximately Shs564bn) to oil companies, Tullow Uganda Limited and Tullow Uganda Operations Pty Limited. We have learnt that the two firms entered into
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Uganda's Public Service Commission (PSC) and the Electricity Regulatory Authority (ERA) are among the organisations with job openings. PATH, an NGO, Britam Insurance, PLAN INTERNATIONAL UGANDA are the other companies looking for employees. If you have been job hunting, follow the links below to see whether you qualify and apply.
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Senior Presidential Advisor on the Media, Tamale Mirundi believes the much advocated for financial bailout cannot work in the country. Mirundi, a former Presidential Spokesperson revealed this last week in an exclusive interview with Business Focus saying, leaders made mistakes that plunged the country in the current economic mess. “The
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The Uganda Shilling was relatively stable against the US dollar supported by the Central Bank liquidity mop ups during the week ending February 10, 2017. Demand remained subdued. Trading was in the range of 3590/3600. In the money market, Overnight rate was 10% while one week money was at 12%.
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A lot of mess continues to unfold in the ongoing probe into the Shs6bn Presidential handshake. The probe took a new twist when it was revealed that the London law firm hired to defend Uganda was paid by two Government entities to handle the same case. The revelation of the
Read MoreUnited Nations Development Programme (UNDP) is now accepting applications for the ‘Uganda Training on Environment, Community, Health and Safety’, Business Focus has established. The trainings will be delivered on a regional basis with Entebbe (Central), Kasese (West), Mbale (East) and Gulu (North) being the training hubs, UNDP Uganda office said
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Uganda’s former Finance Minister the late Jehoash Mayanja-Nkangi will remain a pillar in Uganda’s history for he was a rare politician, who played a key role in turning around Uganda’s economy when it was on its knees. During the Funeral Service of the late Mayanja Nkangi held at Ntinda, Kampala
Read MoreMany local and foreign investors are increasingly investing their hard earned money in Uganda’s real estate sector. Many have described it as being lucrative, something that has seen many rush to take a nibble into the much touted profitable sector. It is worth noting that with the birth of Property
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At 30 years of age, it is quite unbelievable for one to quit a job paying him or her Shs30m per month to venture into business-without guarantee of success given the high risks associated with business in Uganda and the high levels of unemployment. However, Maxima Nsimenta, 30, a graduate
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