Traders listening to URA Commissioner General, John R. Musinguzi The Uganda Revenue Authority (URA) has met with traders from the Kampala Central Business District to discuss the implementation of the Electronic Fiscal Receipting and Invoicing Solution (EFRIS). The meeting which took place at UMA Show Grounds follows concerns from traders
Read More
Uganda is increasingly earning big from coffee exports Uganda’s coffee exports in February 2024 amounted to 434,582 60-kilo bags, worth US$ 82.56 million (Shs319.8bn). According to Uganda Coffee Development Authority monthly report for February 2024, this comprised of 372,407 bags of Robusta valued at US $ 68.58 million and 62,175
Read More
The Central and Western regions are the largest beneficiaries of the Agricultural Credit Facility(ACF) loans, the Bank of Uganda (BoU), has revealed. Launched in 2009, the ACF aims to promote value addition in the agricultural sector by providing affordable medium- and long-term loans. “The ACF has achieved significant success, with cumulative
Read More
URA Commissioner General, John R. Musinguzi President Yoweri Museveni has reappointed John R. Musinguzi as the Commissioner General of Uganda Revenue Authority after impressive performance in the last four years. Musinguzi was first appointed URA CG in March 2020. He replaced Doris Akol, who had done a commendable job as URA Commissioner
Read More
Dr Emmanuel Iyamulemye, the UCDA Managing Director The Government of Uganda is committed to register all coffee farmers and have the National Traceability System in place so as to comply with the European Union Regulations on deforestation-free products (EUDR), Dr Emmanuel Iyamulemye, the Managing Director at Uganda Coffee Development Authority
Read More
Nile Breweries Limited (NBL) Country People Lead, Martha Nalubega (5R) )receives the Silver Award from Mr. Jonan Kisakye, the CEO of the Uganda Insurers Association, at the Employer of the Year Awards. NBL won the silver award during the awards. Nile Breweries Ltd (NBL) has won the Silver Award in
Read More
Mystique Training Centre offers a wide range of courses on diploma and certificate level. Short courses are also offered Soft/life skills is the thing today as they enhance job creation and contribute significantly to the country’s economic growth. However, where one acquires those skills matters the most as many training
Read More
Officials from UCAA and Air Service operators in a group photo after UCAA’s Board Air Services Licensing Committee meeting Two companies have applied to Uganda Civil Aviation Authority (UCAA) seeking for air service licenses. This was revealed during UCAA’s Board Air Services Licensing Committee Meeting held at Protea Hotel this morning
Read More
The Executive Board of the International Monetary Fund (IMF) on Wednesday concluded the fifth review of Uganda’s Extended Credit Facility (ECF). IMF says this completion enables the immediate disbursement of the equivalent of SDR 90.25 million (about US$120 million-UShs470bn). The ECF Arrangement for Uganda for a total of SDR 722
Read More
BoU Deputy Governor, Michael Atingi-Ego The Bank of Uganda (BoU) on March 6, 2024 held a Special Monetary Policy Committee meeting where the Central Bank Rate (CBR), a benchmark lending rate for commercial banks was increased to 10% from 9.5% that has remained unchanged for several months. In February this
Read More
