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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Mandatory testing at the border with Uganda has already caused long queues Kenya's President Uhuru Kenyatta has ordered the closure of the country's land borders with Tanzania and Somalia except for cargo transport. The order came into effect at midnight local time on Saturday. Testing for the coronavirus at border
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By Ronald Kasasa The COVID-19 pandemic has come hard at every business operation, regardless of size, balance sheet or level of preparedness. After months of watching the situation remain the same or in some cases, get grimmer, it’s safe to say that we’ve come to the point of fight or
Read MoreNon-Performing Loans (NPLs) is one of the key parameters for the banking industry. It determines the health of the industry. According to Bank of Uganda (BoU), the regulator of commercial banks, the NPL ratio is deemed healthy for the banking industry when it is below 5%. In this analysis, Business
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President Yoweri Museveni on Saturday directed that only truck drivers with negative test results will be allowed to enter Uganda. The Ministry of Health met representatives of the Truck Owners and National Logistics Platform and resolved that; "We mobilize, counsel and test all truck drivers from Uganda. We will adopt
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Félicien Kabuga, one of the most wanted suspects in the Rwandan genocide, has been arrested near Paris, the French justice ministry has announced. Mr Kabuga was detained by gendarmes in Asnières-sur-Seine, where he had been living under a false identity. The International Criminal Tribunal for Rwanda has charged the 84-year-old with
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The armed rangers set off at dusk in pursuit of poachers. The COVID-19 pandemic has brought a new alertness, and a new fear. With tourists gone and their money, too, protecting endangered wildlife like black rhinos has become that much more challenging. And the poachers, like many desperate to make
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Emirates SkyCargo has utilised the cargo capacity on its Boeing 777-300ER passenger freighter aircraft to facilitate the movement of goods to and from Uganda. Following the announcement that cargo flights were allowed into the country, Emirates SkyCargo recalibrated its operations to Uganda, ensuring continuity to local businesses with dedicated cargo
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The International Monetary Fund (IMF) has applauded Uganda for its good track record of maintaining macroeconomic stability. This revelation is contained in IMF’s Country Report about the recently approved US$491.5 Million (Shs1.8 trillion) disbursement to Uganda to address the COVID-19 Pandemic. IMF Staff agree that the COVID-related fiscal measures are
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The New PAU Board of directors in a group photo A new Board of Directors that will steer the Petroleum Authority of Uganda (PAU) for the next four (4) years has been inaugurated. The new board was inaugurated by Dr. Kitutu Kimono Mary Goretti, the Minister of Energy and Mineral
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