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35,000 Ugandans Lose Employment Opportunities As Labour Recruiting Companies Remain Closed

UAERA addressing the press today at their offices at Hotel Africana Labour recruiting companies under their umbrella body, the Uganda Association of External Recruitment Agency (UAERA) have revealed that 35,000 employment opportunities for Ugandans have been lost in the last 7 months. This is contained in a statement issued by

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EC: No Processions, Convoys As Nominations For Parliamentary Candidates Kick Off

Paul Bukenya, Acting EC Spokesperson The Electoral Commission (EC) has commenced the 2-day exercise of nomination of candidates for Parliamentary Elections 2021.  According to Paul Bukenya, the Acting EC Spokesperson, the nominations will be conducted at the respective district/city headquarters in all the 146 districts/cities across the country, starting at

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BoU: It’s Not Mandatory For Foreign Banks To Establish Representative Offices In Uganda To Conduct Lending

Prof. Emmanuel Tumusiime-Mutebile, the BoU Governor The Bank of Uganda has spoken out on recent media debates and discussions on issues related to the regulation and supervision of financial institutions and what amounts to conduct of financial  institutions  business  in  Uganda. In a statement dated Wednesday, October 14, 2020, Prof.

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Analysis & Opinions

How URA Pulled Off Shs1 Trillion Revenue Surplus In 1st Quarter Of 2020/21

John R. Musinguzi, the URA Commissioner General addressing the press today Uganda Revenue Authority (URA) recorded Shs4.07 trillion net revenue collections in the first quarter of 2020/2021 (July to September 2020) against a target of Shs2.99 trillion, thus representing a performing of 135.69%. This was disclosed by John R. Musinguzi,

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Mobile Users Drop To 25.5m But Mobile Money Gains As COVID-19 Bites-UCC Report

While mobile subscriptions dropped by 11%, internet subscriptions registered subdued growth, leaving mobile money as the standout performer, according to the latest market performance report that highlights the effects of COVID-19 on the ICT sector. The Uganda Communications Commission (UCC) report indicates that mobile subscriptions dropped from 28.4 million at

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