By Duncan Abigaba Veteran journalist, Andrew Mwenda’s article titled URA’s disastrous headquarters exposes his ignorance and absolute lack of knowledge on processes of the public sector; Firstly, the argument that URA could have built the 22 storeys in two years is ignorant of the processes and nature of Government funding.
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By Ian Rumanyika As President Yoweri Museveni said when he was opening the 22 storied URA Tower over the weekend, our (URA) main mission is to facilitate business and assist the economy to grow. The tower is that facility that will enable the Tax administrators easily achieve that. Under the
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By Daphne Kato The year, in May, Kampala Parents’ School marks 15 years since the school became part of the Ruparelia Group- a reputable business conglomerate with investments in education, hospitality, financial services, real estate, broadcasting and agriculture. Under the Ruparelia Group, the school has undergone both an ideological and
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By Mr Laban Musinguzi, Uganda’s prevailing situation in the Finance and Banking sector is going through a lot of criticism, experts, academicians, policy makers and politicians are providing several explanations to pinpoint the underlying reasons. From these explanations, there are possible recommendations emerging for the rejuvenation of the economy. However,
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Inayat Kassam, who braved gunfire at 14 Riverside Drive as he evacuated those trapped inside dusitD2 Hotel, is no stranger to danger. Despite not having the luxury of a bulletproof vest, Mr Kassam was a knight in shining armour to those he led to safety as high-calibre rifles crackled in
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The Ugandan Government through the National Forest Authority (NFA) is worried about the recurrent replacement of natural forests with eucalyptus and pine trees in many parts of the country including wetlands. Tom Okello Obong, the Executive Directorof NFA has indicated that in some areas, people have reached the extent
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2019 promises to be an exciting year for Uganda’s banking sector as smaller banks aim to take on the ‘big boys’. Banks are set to build on gains registered in 2018 to offer more customer-friendly products and services. According to Bank of Uganda (BoU) private sector credit increased to 12.2%
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It’s a public secret that Uganda is one of the most enterprising countries globally. In 2015, the Global Entrepreneurship Monitor (GEM) ranked Uganda the world’s most entrepreneurial country. According to GEM, 28% of adults own or co-own a new business. This is quite understandable; with over 400,000 young people entering
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Uganda registered impressive economic growth in 2018 and domestic economic activity is expected to continue recovering in 2019. However, the projected economic growth could be affected by a number of risks. Bank of Uganda (BoU)’s Composite Index Economic Activity (CIEA) indicates stronger economic performance in the first 10 months of
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The Stanbic Bank Headline Purchase Manager’s Index (PMI) posted a 56.6 performance in December which signified an improvement in business conditions at the end of 2018. The latest reading which went up by 0.9 from 55.7 registered in November is higher than the series average of 53.2. Commenting on December’s
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