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Cooperatives & Communities
Stanbic Bank to launch finance and capacity building programme for Saccos
KAMPALA-Stanbic Bank Uganda will on Friday 27, 2022 launch the Stanbic Bank Sacco Finance and Capacity Building Programme at Kaunda Grounds in Gulu City. According to Anne Juuko, Chief Executive-Stanbic Bank Uganda,…
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News
Pay your loans, top govt officials warn Ugandans
KAMPALA– Ugandans who don’t want to pay back their loans are giving a bad image to the country, top government officials have said. The Finance Ministry Permanent Secretary and Secretary to the…
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UIA organises Uganda-DRC Investment Promotion Summit and Market Access Expo
KAMPALA– Uganda’s Ministry of Finance, Planning, and Economic Development, through Uganda Investment Authority [UIA], is organizing the first ever Uganda-Democratic Republic of Congo [DRC]Investment Promotion Summit and Market Access Expo slated for…
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Vantage lawyers insist on selling properties of Bitature to recover U$34mln
KAMPALA– The battle to attach and sell some of the properties belonging to business mogul Patrick Bitature continues, Robert Kirunda whose law firm represents South African lenders- Vantage Mezzanine Fund II Partnership,…
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Cooperatives & Communities
UDB and EU launch over Shs 60 bln second tourism facility
KAMPALA– Uganda Development Bank [UDB] in partnership with the European Union [EU] has announced a special call for eligible businesses in the tourism sector to apply for and receive up to Shs…
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News
MPs quiz land commission officials over fraud
KAMPALA-Members of Parliament yesterday questioned officials from the Uganda Land Commission [ULC] over a case of fraud in the Land Information System [LIS] The MPs on Parliament’s Committee on Statutory Authorities and…
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News
Bujagali Hydropower project faces forensic audit as it seeks tax exemptions
KAMPALA– The Members of Parliament are immovable on approving tax exemptions for some companies in Uganda Uganda, pending a report on its effectiveness. The MPs instead have allowed a one-year tax exception to…
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News
MPs urge Museveni to sack Minister Namuganza over Nakawa-Naguru land
KAMPALA– The Members of Parliament have recommended that President Museveni sacks state minister for lands Persis Namuganza over Nakawa-Naguru land scandal. The recommendation was made Wednesday as the House debated the report…
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Cooperatives & Communities
Govt slashes tax on opaque beer
KAMPALA – Brewers producing the low cost opaque beer in Uganda will in the new Financial Year 2022/2023 enjoy a tax cut as government entices more local manufacturers into alcohol brewing. Effective July…
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Cooperatives & Communities
EAC needs to create 120mln jobs, think tank says
KAMPALA – The East African Community [EAC] needs to create at least 120 million jobs to take care of its growing young population, Makerere University’s Economic Policy Research Centre [EPRC] researchers have…
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