Mobile subscriptions in Uganda stood at 26.7 million in December 2019, a 3% jump from 25.7 million subscriptions four months earlier, the latest market performance report released by Uganda Communications Commission indicates. For updates and latest info about COVID-19 situation in Uganda, visithttps://bit.ly/2WKANNF This growth translates into a penetration of
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Hon David Bahati presented the bill. On his left is the chairperson of the Committee on Finance, Hon Musasizi Parliament has passed the National Payment Systems Bill, 2019, that will among others regulate and provide for the safety and efficiency of payment systems and issuance of electronic money. The Bill
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The Ruparelia Foundation, the charitable arm of the Ruparelia Group of Companies today donated Shs10m to Chimpanzee Trust to help save the starving animals during COVID-19 lockdown. The Cheque was handed over to Chimpanzee Trust management by Ruparelia Foundation Executive Valentina Ajay. The Chimpanzee Sanctuary and Wildlife Conservation Trust Executive
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Mayor Lukwago (L) Chairs KCCA meeting After assessing the impact of COVID-19 to city businesses, the Kampala Capital City Authority (KCCA) cabinet has resolved to suspend Trade Licenses, Market Dues and Commercial User fees to allow business Community recover from the toxic effects of the pandemic. The meeting that was
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The Tax Appeals Tribunal has made a ruling in which MTN Uganda is ordered to pay over Shs20bn in taxes to Uganda Revenue Authority (URA). URA carried out an audit and discovered that MTN Uganda had not paid VAT amounting to Shs20, 053,441,670 for the period 2014-2017. For updates and
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Sex workers living with HIV in Uganda have stopped taking their medication because of a lack of food and income as restrictions have left them with no clients. The government has been giving food aid to some of those who are most affected by the restrictions that have been in
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Africa’s largest multilateral lender the African Development Bank board says it has not asked its president, Akinwumi Adesina, to step down. It said it was treating allegations levelled against Mr Adesina with the seriousness they deserve after the US rejected findings of a probe made into allegations of favouritism against
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Uganda’s Ministry of Health has announced 36 new COVID-19 cases from samples of May28, 2020. The total confirmed cases are now 317. “24 new cases are truck drivers-20 arrived via Elegu, 2 via Malaba and 1 was from Lia Point of Entry in Arua,” Health Ministry said. For updates and
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Diamond Trust Bank Staff at Busia border Banks have started equipping their staff at border points with protective gears as COVID-19 cases from truck drivers increases. Border points have become high risk areas in recent weeks posed by truck divers entering Uganda from Kenya and other points. Diamond Trust Bank
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The local currency traded flat against the dollar on muted demand. The shilling was on one hand supported by end month flows from charities and coffee export flows coupled by BOU liquidity mop up operations that took out 839 billion equivalent to 222 million USD. In interbank shilling market overnight
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