Acting UCC Executive Director, Fred Otunnu addressing the media on Tuesday. Uganda Communications Commission has Tuesday launched a campaign dubbed ‘Simu Klear’ with a target of getting fake phones off the Ugandan market . Under this campaign, a mobile phone user is able to establish the legitimacy of their gadget
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URA’s Customs Department Hits Ground Running In Shs 9.7 Trillion Target, Recovers Shs 2.8 Billion In Smuggled Goods
URA's Head of Enforcement, Assistant Commissioner Julius Nkwasire, parades before the media an impounded truck and the smuggled goods. Uganda Revenue Authority’s Customs Department has hit the ground running in a bid to achieve Shs 9.7 Trillion 2022/2023 Financial Year target. In this FY, URA is expected to collect Shs
Read MoreINTERVIEW: Ugandan Entrepreneur Shares His Experience, Lessons From Exporting Coffee To China
Frandan Tumukunde (C) with his Chinese business partners The Government of Uganda through Uganda Coffee Development Authority (UCDA) has intensified interventions to increase the country’s coffee exports to China. Uganda’s coffee exports to China have been increasing over the years, but there’s still huge unexploited potential. UCDA figures show
Read MoreBy Francis Otucu On Thursday afternoon, it came to light that Democratic Party (DP) President, Nobert Mao, had been appointed as the Minister for Justice and Constitutional Affairs. Soon after the appointment, President Yoweri Musevni left for Arusha (Tanzania) for the Heads of State meeting on the progress of the
Read MoreDFCU Chairman, Jimmy D. Mugerwa (R) chairing the AGM earlier today. DFCU Limited has announced Pader Branch Manager, Julius Ogeatum as the company's exceptional employee for the year 2021/22. This announcement was made during the 57th Annual General Meeting held on Thursday at the Kampala Serena Hotel. Ogeatum saw off
Read MoreGov’t Bailout: Roko Cash Flow Projected To Grow From Shs 1.02 Billion To Shs 122.9 Billion In 2027
Mbarara Central Market is just one of the many projects executed by Roko Construction Limited. Roko Construction Limited (ROKO) and the Ministry of Finance, Planning and Economic Development (on behalf of the Government) are set to enter into a Share Subscription Agreement. The agreement will see the 53-year-old construction giant
Read MoreMaj. Gen. David Kasura-Kyomukama, the Permanent Secretary, MAAIF Government through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) has directed district Chief Administrative Officers (CAOs) to compile and submit to MAAIF a list of large scale farmers in all districts that make up Uganda. In a letter dated July 6, 2022 to
Read MoreURA Commissioner General, John Musinguzi, addressing the media at the Authority's headquarters in Kampala on Friday afternoon. The Uganda Revenue Authority (URA) has announced the largest revenue collection since its inception 30 years ago. URA Commissioner General, John Musinguzi, revealed that the tax body collected Shs 21.5 trillion in Financial
Read MoreStanbic Bank CEO Anne Juuko Tips Ugandans On How To Utilize Opportunities Worth Shs110 Trillion In Oil & Gas Sector
Stabnic Bank Uganda CEO, Anne Juuko Stanbic Bank Chief Executive Officer (CEO), Anne Juuko, on Wednesday morning dissected the different opportunities in the oil and gas sector. Early this year, key players in the oil and gas sector announced an Investment Decision worth US$ 10 billion. But speaking on the
Read MoreFinance PS, Ramatha Ggoobi Uganda’s GDP growth rate is expected to be at between 9 and 10% in five years. This was revealed by Ramathan Ggoobi, the Permanent Secretary - Ministry of Finance, Planning and Economic Development at the 3rd Annual National Content Conference happening at Serena Hotel in Kampala.
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