UCL officials led by Board Chairman, Martin Kasekende (L) during the AGM today The Board of Directors of Uganda Clays Limited (UCL) has today announced that the company posted good results for the year 2020 with a net profit of Shs4.9 bn which is a turnaround from a loss of Shs88
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UNBS warns manufacturers, importers and stockists against substandard iron bars/Courtesy photo The Uganda National Bureau of Standards (UNBS) has revealed that substandard Iron Bars are flooding the market with many unsuspecting individuals falling victim. “The sale of substandard iron bars deprives the customer of the value for their money, promotes
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Ian Rumanyika, Ag. Assistant Commissioner, Public and Corporate Affairs at URA. In yet another move to further simplify tax compliance, Uganda Revenue Authority (URA) has made a major upgrade to its contact centre offering with the rollout of state-of-the-art Interactive Voice Response (IVR) technology. “With this service support enhancement, we
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One of the winners receive seed capital to further inject in their business. Stanbic Bank Uganda has announced finalists for the National Schools’ Championship (NSC) programme and given out seed capital to all semi-finalists amounting to UGx12.5million. The finalists were picked from four regions of Uganda namely, Central, Northern, Western
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BoU Governor Prof. Emmanuel Tumusiime-Mutebile The Bank Lending Survey results for March 2021 shows that, overall, banks expected lending rates to remain unchanged, the Bank of Uganda (BoU) has said in its latest Monetary Policy Report. Although the Central Bank Rate (CBR), a benchmark lending rate for commercial banks has
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BoU Governor, Prof. Emmanuel Tumusiime-Mutebile The Bank of Uganda (BoU) has reduced the Central Bank Rate (CBR) by 0.5% to 6.5%. CBR is a benchmark lending rate for commercial banks. BoU Monetary Policy Committee noted that economic developments have been broadly in line with the outlook in the April Monetary
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URA Commissioner General, John Rujoki Musinguzi With only 15 days left to the end of FY 2020/2021, the Chairperson Kampala City Traders Association – Uganda (KACITA-U) and the Executive Director Uganda Manufacturers Association (UMA), in a uniform voice with Uganda Revenue Authority (URA) have urged all taxpayers to file their returns
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Farmers can grow vegetables during this period if they can irrigate The Uganda National Meteorological Authority (UNMA) has released the seasonal rainfall outlook for June to August 2021. UNMA says the June, July, August (JJA) period is normally dry season over most parts of South western, Central, Lake Victoria basin
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Ian M. Rumanyika, the Ag. Assistant Commissioner, Public and Corporate Affairs at URA says TIN application process is now completely web-based. In a bid to improve the experience of our clients and attend to the changes in the tax regime, technology and the business environment, Uganda Revenue Authority (URA) has
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Frank K Tumwebaze (pictured), the newly appointed Minister for Agriculture, Animal Industry and Fisheries (designate) has assured stakeholders that as soon as he officially assumes office, he will start by addressing the rampant Foot and Mouth Disease (FMD), fake acaracides and seeds on the market. Taking to his twitter handle,
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