African revenue tax authorities are meeting in Kampala to discuss ways of taxing mushrooming international online companies that have been dodging paying taxes in the past. This is being discussed at the 4th International Conference on Tax in Africa (ICTA) and the African Tax Administration Forum (ATAF)’s 10th anniversary celebration
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Uganda’s President Yoweri Museveni Tuesday officially opened the 4th International Conference on Tax in Africa (ICTA) and the African Tax Administration Forum’s 10th anniversary celebration at Serena Hotel in the Capital, Kampala. Themed “Innovation- Digitalization and Harnessing Technology to Improve Tax Systems”, the Conference attracted over 300 participants from 48
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Several international banks enabled corruption in South Africa under former President Jacob Zuma, British lawmaker Peter Hain has said. At an inquiry hearing, he said HSBC, Standard Chartered and India's Bank of Baroda were "directly culpable". The inquiry is investigating claims of graft against Mr Zuma and the Gupta family.
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Despite the booming economy and low unemployment, only 29% of Americans consider themselves financially healthy. That means the vast majority of U.S. individuals aren’t prepared if and when another recession sets in. “If you look at what comprises financial health it’s things like more income coming in than going out,
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Tullow Uganda Managing Director, Jimmy Mugerwa has been transferred to London based head office as Tullow Group’s Corporate Head of Infrastructure and Organisation, the company said in a press statement. This is a newly created role which according to the release is advisory, but Mugerwa will also be responsible for
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By AFP The African Union said Friday that South Sudan's dueling leaders had one final chance to form a government, backing US warnings that patience with the fledgling young nation's government had run out. "I think both our friends here in Washington and us think that this cannot be a
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Kenya and Somalia have agreed to restore bilateral agreements that would allow free movement of people, State House said Thursday, Daily Nation reports. At a meeting in Nairobi, President Uhuru Kenyatta and his Somali counterpart Mohamed Abdullahi Farmaajo said they were defending the relations between the two countries, in spite
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Evo Morales has accepted an offer of political asylum in Mexico a day after resigning as president of Bolivia amid election fraud protests. In a tweet, he said it hurt to be leaving Bolivia but he would return with more "strength and energy". Mexico's Foreign Minister, Marcelo Ebrard, confirmed Mr
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Uganda's Permanent Representative to the United Nations (UN) Amb. Adonia AYEBARE has been appointed by the President of the UN General Assembly, H.E. Tijjani Muhammad BANDE, as the External Adviser on G77 matters. In execution of one of the key roles as External Adviser, Amb. Ayebare is expected to galvanise
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Zimbabwe's central bank is due to begin circulating new banknotes on Monday, which it says will help to ease a severe cash shortage as the country suffers a deepening economic crisis. The bank has played down fears that the move will fuel inflation, insisting that the new two- and five-
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