Aya Investments Limited which belongs to businessman Muhammad Hamid Aya Investment Limited, which owns Pearl of Africa Hotel Kampala has again lost a bid to stay the execution of an order to auction the hotel for non-payment of loans amounting to over US$ 300 million (Shs1.12 trillion). Three Court of
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Lawmakers have raised concern over the failure by Uganda Revenue Authority to collect Shs240.628Bn in Value Added Tax (VAT) on rice imported into Uganda from other East African Community (EAC) countries due to prolonged legal battle playing out in courts of law. The concerns were highlighted in the report by Parliament’s Committee
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Organizers addressing the media today PELUM Uganda in collaboration with the Government of Uganda (the Ministry of Agriculture, Animal Industry and Fisheries and the Ministry of Trade, Industry and Cooperatives) and on behalf of the National Agroecology Actors on Monday October 23, 2023 announced that the National Agroecology Week of
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The hospital was officially opened by David Bahati (Centre), the state Minister for Trade The Government of Uganda has been called to uniformly implement tax exemptions on medical equipment being imported into the country. The call was made on Saturday by Dr Henry K. Lukwago at the launch of the George
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Head of Legal I&M Bank Uganda, Natalie Kironde (Right) was part of the top female legal personnel at the awards and dinner ceremony. The Fifth edition of the Uganda Law Society Female Lawyers Conference & Awards took place last Friday at the Rwenzori Ballroom, Sheraton Kampala Hotel. Organised under the
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Tanzania has beaten Kenya on the best investment destination for investors eyeing the region in the next two years. Fourteen percent of the respondents in a survey conducted by advisory firm KPMG on 150 C-suite level and senior executives in the region said they would consider investing in Kenya, tying
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More than 1,000 roadside vendors in Luwero district are seeking 150 million Shillings to construct a permanent market. 10 years ago, vendors cleared bushes at Kasaala village in Luwero sub-county along the Kampala-Gulu highway and erected temporary shelters to create a market to sell pineapples and other agricultural produce to
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Eight teams of visually impaired soccer players will take to the field in the 2023 Blind Football Uganda Championship, supported by Coca-Cola Beverages Uganda (CCBU) in partnership with Blind Football Uganda. The championship, which is part of celebrations to mark World Sight Day and International White Cane and Safety Day,
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Residents of Omugo sub county in Terego district left in shock when an Arsenal fan collapsed dead while celebrating an equalizer against Chelsea in a Premier League match played last evening. The game ended in a two all draw at Stamford Bridge a result that gave Arsenal a much needed
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Farmers and businessmen in the Lango sub-region have asked the Bank of Uganda to channel the Agricultural Credit Facility (ACF) and Small Business Recovery Funds (SBRF) through the Chamber of Commerce other than commercial banks. Under the facility, commercial banks, and credit institutions offer medium to long-term financing for farmers,
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