Equity Bank Uganda Ltd is increasingly becoming a dominant financial institution in Uganda’s banking industry. Having joined the Ugandan market over 10 years ago, the bank has come up with strategies aimed at making it the number one bank in Uganda in 10 years to come. In a market of
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Uganda Revenue Authority (URA) has named 817 companies that have been declaring losses since 2017 to avoid paying taxes, URN reports. They include among others Munyonyo Commonwealth Resort Limited which declared a loss on 48.6 billion Shillings in 2017, National Water and Sewerage Corporation Shillings 293 billion in 2018, Bank
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State House has increased its budget to Shs407.138Bn in 2019/2020 Financial Year, up from Shs274.052bn received in 2018/19 FY. This represents an increment of 48%. With the 2021 general elections drawing near, the money will be used to mobilize masses towards political and socio-economic transformation, industrialization, and improved quality of
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Kampala Capital City Authority (KCCA) says it needs Shs140bn to keep the city free from garbage. The Authority’s disclosure was made in the 2019/2020 ministerial policy statement for KCCA by the Presidential Affairs Committee in which MPs expressed concerns over the poor sanitation conditions in Kampala Capital City after taking
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Climate change can't be halted if we carry on degrading the soil, a report will say. There's three times more carbon in the soil than in the atmosphere – but that carbon's being released by deforestation and poor farming. This is fuelling climate change – and compromising our attempts to
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Police have intensified the hunt for their own officer, ACP Siraje Bakaleke whose photograph appears above. According to a statement dated April 29, 2019 issued by Police Spokesperson, Fred Enanga on behalf Of Inspector General of Police, Bakaleke “is wanted by the Anti Corruption Division of the High Court for
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Slow economy? Few customers? No demand for your products? That’s probably because you’re making a few mistakes that are impacting your growth. Sometimes it’s even the inadvertent or indirect mistakes that accumulate over time and discourage customers from coming to you. Below are a few pointers to help you avoid
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The Commercial Court in Kampala has banned the lawyers of Sebalu & Lule Advocates from representing dfcu bank in the case filed against it by property mogul Sudhir Ruparelia due to conflict of interest. In the ruling read by Court's Deputy Registrar Festo Nsenga on Monday morning, Court noted
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My name is Wang’ombe Kibunja (in featured photo). I am 26 years old. I graduated with a Bachelor’s degree in psychology in 2015 and started a community empowerment programme to rehabilitate drug addicts, as well as offer basic computer training to the youth. I wasn’t able to carry on with
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Kenya and Tanzania have agreed to fully implement a single customs territory to fasten clearance of goods. The two states also struck a deal to fast track the harmonisation of domestic taxes, levies and fees in a bid to ease trade between them. This will come as good news for
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