Uganda Revenue Authority (URA) has launched the Global Travel Assessment System (GTAS), the first of a kind in the East African region that will go a long way in reducing tax evasion and terrorism financing among other benefits. It was officially launched on Monday at URA head offices in Nakawa,
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The Uganda Communications Commission (UCC) Executive Director, Eng. Godfrey Mutabazi (pictured) has said competition among telecom giants is leading to reduced internet prices in Uganda. Mutabazi made the remarks in a keynote speech delivered by Ibrahim Bbossa, the Head Public and International Relations at UCC at the opening of the
Read MoreSix SIM boxing suspects arrested in Kampala last weekend were on Thursday charged for electronic fraud at Buganda Road Chief Magistrates Court. Appearing before magistrates Stella Amabilis and Marion Mangeni, three of the accused, Kagulire Ibrahim, Mutyaba Edward and Kavuma Ben pleaded guilty, while three others; Musaazi Denis, Bingi Maxie,
Read MoreSome of the beneficiaries of Uganda Women Entrepreneurship Programme in Rwenzori region showcasing their products It is a public secret that when the National Resistance Army (now National Resistance Movement-NRM) captured power in 1986 after a five-year guerilla war, they inherited an economy that had literally collapsed. Businesses had collapsed
Read MoreMaiden Social Media Fest To Thrill Kampala Revelers Tomorrow At Silver Springs Hotel, Bugolobi
The maiden Social Media FestUg is set to thrill Ugandan revelers come tomorrow Saturday 25th January 2020 at Silver Springs Hotel Gardens, Bugolobi. Running under the theme; Redirecting Social Media To Impactful Social Networking Engagements, the festival will bring real social media experience in a venue with free wifi where
Read MoreIn developing economies, the key to socio-economic growth is access to finance, but the challenge is to increase loans to individuals and SMEs without suffering the fall-out of bad debt. The Central Bank of Nigeria (CBN) increased the minimum loan-to-deposit ratio (LDR) of commercial banks from 60 percent to 65
Read MoreDuach Chuol Kaylech Toang, a South Sudanese national was just a normal traveler crossing Malaba One Stop Border Post () by bus from Kenya to Uganda. His final destination was South Sudan through Uganda. As is the norm, travelers crossing the border are checked and so is their hand luggage.
Read MoreFinancial Sector Deepening Uganda (FSDU) today welcomed a £15m (Shs71.8bn) commitment from UK Aid, part of a £320m package that will initiate an ambitious new phase of financial sector development across the continent. Announced ahead of the UK-Africa Investment Summit London, the package includes additional funding for 9 existing Financial
Read MoreInternational Tourism Growth Continues To Outpace The Global Economy
1.5 billion International tourist arrivals were recorded in 2019, globally. A 4% increase on the previous year which is also forecast for 2020, confirming tourism as a leading and resilient economic sector, especially in view of current uncertainties. By the same token, this calls for such growth to be managed
Read MoreINTERVIEW: All You Need To Know About Social Media Festival Happening On 25th Jan
The first ever social media festival is scheduled to take place on Saturday 25th January 2020 at Silver Springs Hotel Gardens in Bugolobi. In this interview, Amon Baita (pictured) the Marketing Head, Social Media FestUg shares more about the event and why you must find time to be part of
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