Ssekabaka Muteesa II’s Rolls Royce which the government returned to Buganda Kingdom recently By Denis Jjuuko Coming from this part of the world, for many years, I was always baffled by what some of the people in the developed world spend their money on. I am interested in world news,
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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,
Read MoreEAC Losing Export Earnings In Billions Due To Low Value Addition Of Horticulture, Leather Products
East African partner states are losing out billions of dollars by inadequately investing in adding value to horticulture and leather goods produced in the region and not addressing bottlenecks derailing growth in the sectors. This follows findings from a report launched by the East African Business Council (EABC) in collaboration
Read MoreAllan Atuhairwe, the Head of Trade & Working Capital at Absa Bank Uganda The COVID-19 pandemic has adversely hit economies world over. In Uganda, traders both importers and exporters are one of the key players in the economy that have been impacted most following the COVID-19 induced lockdown announced in
Read MoreA Customer care worker explains about different voltage metres at the Lugogo Umeme Centre in Kampala. Photo/NATION MEDIA GROUP Uganda’s power distributor, Umeme limited is yet to convince President Yoweri Museveni that its concession deserves to be renewed. Umeme’s power distribution concession is due to expire in March 2025 having
Read MoreUganda’s chances of eliminating poverty by 2030 as per Sustainable Development Goals (SDGs) are very minimal, Researchers at Economic Policy Research Centre (EPRC) have revealed. The Ugandan Government committed itself to attaining SDGs. Authored by Madina Guloba, Sarah Ssewanyana, Medard Kakuru and Ibrahim Kasirye, the team argues that poverty is
Read MoreBy Phillip Niwamanya The COVID-19 pandemic has disrupted lives, livelihoods, communities and businesses worldwide. While the pandemic has affected every corner of the world, not everyone has been affected the same way. According to a report by the International Trade Centre titled “The Great Lockdown and its Effects on Small
Read MoreUganda is set to lose US$287M (about ShsShs1.062Trn) in taxes because of the Double Tax Agreements signed between Uganda and Netherlands that will see Total walk away without paying some taxes to Uganda Revenue Authority (URA), a new report has revealed. Titled “The Money Pipeline”, the Oxfam released yesterday estimates
Read MoreBy Bakazimbaga Muhindo Anne This year, we mark the International Day for Older Persons under the theme “Pandemics: Do they change how we address age and aging?” Needless to say that we celebrate amidst the COVID 19 pandemic which has severely disrupted our way of life, causing social and financial
Read MoreWe can all agree that saving is a good thing, but earning a return on your investment is very important not only to help you in periods when you have run out of other sources of income but also to enable you to achieve your investment goals. These goals can
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