By Ian M. Rumanyika Following a press article on the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) published last week in the prosper magazine, URA is persuaded to correct some misguided elements of the story and as such make clarifications to the benefit of the public. To present EFRIS as
Read MoreFrancis Otucu
Uganda’s Finance Minister, Matia Kasaija (pictured) has blamed the delayed operationalization of Islamic Banking in Uganda on the absence of ‘competent Muslims’ to champion it. Minister Kasaija’s remarks were in response to concern raised by Abdulatif Sebaggala (Kawempe North) who tasked Government to explain why Islamic Banking hasn’t taken place despite the enactment of the
Read MoreA police Patrol parked in front of Chillies Fast Foods and takeaway restaurant-Ntinda branch in Kampala Police are hunting for an unidentified assailant behind the killing of the manager of Chilies Fast Foods and Takeaway Restaurant in Ntinda, a Kampala suburb. Luke Owoyesigyire, the Kampala Metropolitan Deputy Police spokesperson identifies the deceased Isaac Mugga,
Read MoreA driver struggling to find way through Lwera wetland where the road collapsed Traffic flow is paralyzed along the Kampala-Masaka highway following the collapse of the road section in Lwera wetland between Mpigi and Kalungu districts. The road collapsed last night after culverts used to fix it broke down at
Read MoreThe Excise duty (Amendment) Bill, 2021 is proposing to repeal the payment of Over The Top Services tax (OTT) commonly referred to as social media tax, while at the same time re-introduce excise duty at a rate of 12% on internet data. The Bill is set to be introduced in Parliament
Read MoreEquity Group Managing Director and CEO Dr. James Mwangi The year 2020 was like no other. COVID-19 struck at the beginning of the year and the East Africa region had its first case of infection in early March. The global spread of the virus quickly became a pandemic. To comply
Read MoreHon. Amelia Kyambadde, Minister of Trade, Industry and Cooperatives with Alvin Mbugua, UBL's Managing Director Uganda Breweries Limited (UBL) Wednesday announced a partnership with the Infectious Disease Institute (IDI) under the Raising the Bar program which will support bars to re-open safely & rebuild customer confidence. Raising the Bar is
Read MoreHuawei Growth Slows Down As Tech Giant Reaffirms Commitment To Creating Greater Value For Customers
Huawei released its 2020 Annual Report today, showing growth slowed, but the company's business performance was largely in line with forecast. Huawei's sales revenue in 2020 rounded off at CNY891.4 billion, up 3.8% year-on-year, and its net profit reached CNY64.6 billion, up 3.2% year-on-year. Despite operational difficulties brought about by
Read MoreBMK’s Incredible Story Should Spur The Next Generation Of Entrepreneurs
Katikkiro Charles Peter Mayiga officiated the launch of BMK's book By Denis Jjuuko After our lunch meeting at Hotel Africana about five years ago, a waitress approached us and placed a leather holder on the table. It contained our lunch bill. I didn’t shift in my chair because Dr Hajj
Read MorePresident Samia said a major reshuffle was not necessary Tanzania’s President Samia Suluhu Hassan has reshuffled her cabinet more than a week after she was sworn in following the death of President John Magufuli. The cabinet includes some new faces. Among them are career diplomat Liberata Mulamula who now takes
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