The Government of Uganda is in advanced stages of finalizing a plot to start taxing chapattis, rolex, bread and other wheat related products, Business Focus reveals. This plot is awaiting approval from Parliament It was fronted by David Bahati, State Minister for Planning on April13, 2017 while meeting legislators on
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Lawyers, through their body, Uganda Law Society (ULS) have lashed out at Government, through Uganda Communications Commission (UCC) over a directive to re-register all sim cards within seven days, saying the order is illegal. In their letter addressed to Godfrey Mutabazi, the Executive Director at UCC, the lawyers argued that
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Uganda’s Rhoda Peace Tumusiime has won the African Woman Award in the category of African Woman in Agriculture. Tumusiime, the African Union Commissioner Agriculture and Rural Development, won the New African Woman in Agriculture Award for pushing the importance of food security and adding value chain to African goods while
Read MoreUganda's controversial social-political commentator,Frank Gashumba has vowed to challenge popular NBS Television to protect his brand. Gashumba made this vow in a lengthy Facebook post saying he is using the courts of law to challenge NBS that knifed him off a show on the television. Below is the post I
Read MoreUganda's government is set to join Kenya in the push to terminate Rift Valley Railways' 25-year concession to run the Kenya-Uganda Railway. According to local news agency URN, sources at the Ministry of Works and Transport have indicated that Uganda is backing the Kenyan position on the way the concession
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Huawei Mobile in partnership with its distribution partners has slashed prices by up to 15% on selected devices including Smartphones during this Easter period. At the Huawei’s Experience shop run by Kinetic Telecom, Shop Manager Akisha Banugire confirmed the price reduction bonanza and added that the promotion is aimed at making quality Smartphones
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Uganda’s judiciary is in untold panic following the rampant killings of top government official including prosecutors. And to beef up security of prosecutors, Mike Chibita, the Director of Public Prosecution wants Government to avail them Shs5bn in the 2017/18 national budget. This follows rampant killings that have left top government
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Uganda's State Minister for Labour, Herbert Kabafunzaki who is accused of bribery was on Wednesday afternoon granted bail by the country's Anti-Corruption Court in the capital, Kampala. As part of the bail conditions, the minister was ordered to hand over his diplomatic passport and land title to court as one
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Uganda’s Central Bank, The Bank of Uganda (BoU), has reduced the Central Bank Rate (CBR), a benchmark lending rate for commercial banks by 0.5% to 11% in April 2017, down from 11.5% in February 2017. This means that commercial banks are expected to further reduce on their interest rates they
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Housing Finance Bank (HFB), one of the three indigenous banks in Uganda has recorded Shs18bn net profit in 2016, up from Shs14.6bn in 2015. This represents 23.2% growth. According to the bank’s financial results for the year ended December 2016 released on Wednesday, unlike many other banks, Housing Finance saw
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