Gold/online photo The decision by Government to impose a 5% tax on every kilogram of gold exported from Uganda saw Government lose over Shs475.257Bn in taxes as exporters protest the legislation. The impact of the rigorous tax was disclosed by the Ministry of Finance in their August 2021 performance of
Read MoreBusinessFocus Reporter
Commercial banks approved loans to a tune of Shs661bn which is Shs11.2bn less than loans approved in the previous month. This revelation is contained in the Performance of Economy Performance Report for August 2021 that was recently released by the Ministry. “The value of loans approved in July declined to
Read MoreCourtesy image of Francis Onebe Friends have revealed to detectives investigating the murder of Immaculate Asio Onebe that her husband, Francis Onebe, had on four separate occasions told them that his missing wife had been sighted in four different locations in Kampala. Asio went missing on January 6th this year
Read MoreRotary International President, Shekar Mehta, hands over a plaque to David Wandera, Absa Uganda's Head of Markets. Absa Bank Uganda is one of the entities that has been honoured for its contributions as one of the platinum partners in the development of the Mengo Hospital Rotary Blood Bank. Mr. Shekar
Read MoreThe late Bulaimu Muwanga Kibirige aka BMK Parliament has paid tribute to the late businessman Bulaimu Muwanga Kibirige commonly known as BMK and passed a motion to have Wampewo avenue in Kampala renamed after him. Wampewo Avenue stretches from the Jinja road round about Adjacent to the Ministry of Internal
Read MoreSome f the deported Rwandan nationals The Ugandan government has deported 15 Rwandan nationals who have been under security arrest, according to a highly placed security official. The Rwandan nationals were deported through the Uganda-Rwanda border of Mirama Hills in Ntungamo district on Wednesday. According to the source, the first
Read MoreA Carrefour store in Kampala Supermarket chain Carrefour is set to take over six stores in Uganda currently operated by South Africa’s Shoprite which will exit that market by the end of the year. The six stores are located in Acacia Mall, Village Mall, Victoria Mall, Lugogo Mall, Clock Tower,
Read MoreThe Attorney General of Kenya has asked the East African Court of Justice to dismiss an application by a Ugandan Lawyer Male Mabirizi (pictured) seeking to strike out their defense for having been submitted out of the stipulated time. This is in the case filed against the Kenyan government by
Read MoreTest & Fly Lab Distances Self From Saga In Which Passengers Missed Flight Over Delayed COVID Results
COVID-19 testing lab, Test & Fly, has distanced itself from reports that passengers who missed a flight on Tuesday had been tested by the facility. On Tuesday, 100 passengers missed their flight to the United Arab Emirates (UAE) over delayed return of their COVID results. The lab responsible for the
Read MoreMP Francis Zaake was awarded Shs75m for torture inflicted on him by security agencies The Attorney General has appealed against an order directing the government to compensate Mityana Municipality Member of Parliament Francis Zaake with 75 million Shillings for the torture inflicted on him while in state custody. The
Read More
