URA Commissioner General John Rujoki Musinguzi speaking at the recent launch of the National Budget Month Uganda Revenue Authority (URA) has been given an interim revenue target of Shs22.42 trillion in the Financial Year 2021/22. During the recent launch of National Budget month 2021/22, URA Commissioner General John Rujoki Musinguzi
Read More
Lycamobile Uganda CEO Vinay Choudary (3rd Left) receiving the license from UCC Ag. Executive Director, Irene Kaggwa Sewankambo (3rd Right). Looking on are UCC and LLycamobile officials The Uganda Communications Commission has granted a National Telecommunication Operator (NTO) license to Lycamobile, making the company the Third National Operator. Lycamobile, whose
Read More
The intercepted smuggled wheat flour Uganda Revenue Authority (URA) Friday morning at around 4am intercepted a boat with 162 cartons (x12pkt x2kgs) of PEMBE KENYA WHEAT FLOUR . According to Ian M. Rumanyika, the Ag. Assistant Commissioner Public and Corporate Affairs at URA, the tax body had earlier planted its trusted informers at all
Read More
Carolyne Agudo, Head of Customer Experience (L) at Housing Finance Bank handing over a customized gift hamper to a customer. Looking on is David Muyomba, the bank’s Communications & PR Officer In the spirit of celebration, Housing Finance Bank delivered in person to some of their partners across the country special presents to
Read More
L-R Uganda Law Society President, Pheona Wall, Gilbert Agaba Director Intellectual Property, Mercy Kainobwisho, Registrar General & Paul Asiimwe of Sipi Law Firm during the launch of URSB's Journal. The Registrar General of the Uganda Registration Services Bureau (URSB), Mercy K. Kainobwisho today hosted a breakfast meeting with media editors and
Read More
President Yoweri Kaguta Museveni taking oath President Yoweri Museveni has said that he doesn’t need lectures about democracy. Museveni was on Wednesday speaking at Kololo Independence Grounds after he was sworn in as President of Uganda. “It is quite comic and laughable to hear of some actors in the world
Read More
The 2020 financial results for commercial banks operating in Uganda are finally out. Every year, Business Focus exclusively analyses the performance of banks based on their financial statements. In the last one month, banks have been releasing their financial results in newspapers as required by law. Currently, there are 25 banks
Read More
New UNBS boss David Livingstone Ebiru The Minster of Trade, Industry and Cooperatives, Amelia Kyambbade in consultation with Uganda National Bureau of Standards (UNBS) National Standards Council (NSC) has appointed David Livingstone Ebiru as the 4th Executive Director of the standards agency effective 11th May, 2021. Ebiru holds a 1st Class
Read More
The informer reward regime has been strengthened by the decision of Honourable Justice Ssekaana Musa given in favour of URA in the matter of David Olaka Vs URA, where the reward claim of Shs241.53bn was dismissed. The informer had initially provided information to URA and about tax evasion by MTN and
Read More
Angela Ndawula, the Head Business and Institutional Banking at Housing Finance Bank Housing Finance Bank recently launched the Kingdom Development Organ aimed at stimulating community-based resource mobilization in partnership with the Church of Uganda. We caught up with Angela Ndawula, the Head Business and Institutional Banking at Housing Finance Bank
Read More
