Trading at USE The COVID -19 pandemic has disrupted holding of Public listed Companies’ 2020 Annual General Meetings (AGMs) per their respective planned calendars. On 17th April 2020, Uganda Securities Exchange (USE) issued a market notice recommending interalia the deferral of scheduling AGMs which had not yet been called, postponement
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Uganda has 264 confirmed cases of COVID-19 as of May 19, 2020, with 65 patients having already recovered and no deaths reported. The recent spike in covid-19 cases is attributed to imported cases from cross border cargo truck drivers, which led to a new directive only allowing drivers that test
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Uganda Friday May22, 2020 confirmed 15 new COVID-19 cases. “The total confirmed cases are now 175,” the Ministry of Health said, adding that 12 new cases are truck drivers while 3 cases are contacts to previously confirmed truck drivers. “All contacts were under quarantine at the time of test,” the
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Total banking industry customer deposits increased to Shs23.21 trillion in 2019, up from Shs19.63 trillion, an exclusive analysis done by Business Focus shows. This analysis is based on financial results for 2019 released by 25 commercial banks between March and May 2020. It excludes Afriland First Bank Uganda Limited that
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The Uganda Shilling remained stable for most of the trading session, opening the week in the range of 3788/98 and closing at 3785/95 during the week ending May22, 2020. The local currency was supported by hard currency flows from the treasury auction and commodity exports amid depressed importer demand for
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The Ministry of Finance has revealed that Uganda’s domestic revenue collections amounted to Shs 937.64 billion in the month of April 2020, registering a shortfall of Shs648.18 billion as both tax and non-tax revenue performed below their respective targets. This is contained in the Ministry’s April 2020 Performance of the
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Uganda Wednesday May20, 2020 confirmed 10 new COVID-19 cases, bringing the total number of cases for Ugandans to 145. Ministry of Health said 9 new cases are truck drivers while 1 case is a contact to a confirmed truck driver. For updates and latest info about COVID-19 situation in Uganda,
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Communication experts from different organisations have called upon all government agencies to utilise the available platforms to disseminate information on projects in an effort to enhance transparency in infrastructural projects. Some of the platforms include The Public Procurement and Disposal Authority (PPDA) website, media websites and ministry of works and
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There is not a cave, rock or bunker on the face of the earth safe enough for manufacturers and importers who flout Digital Tax Stamps (DTS) protocols to hide under as the joint Uganda Revenue Authority (URA) enforcement team continues to bite especially during the lockdown. Over the weekend, the
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Filing tax returns is important because it allows taxpayers to calculate their tax liability, schedule tax payments, or request refunds for the over-payment of taxes. This is a process where a taxpayer reports accurately, correctly and in completeness all tax obligations according to the tax laws to Uganda Revenue Authority
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