What is the country losing by focusing on it? Kampala, Uganda | JULIUS BUSINGE | Is the ongoing debate on Article 102 (b) of the Constitution to lift the Presidential age limit the most important issue MPs and the government should be focusing on? Are there no other biting socio-economic …
Read More »Ministers say it pays to pay tax as URA Taxpayers’ Week kicks off
Kampala, Uganda | JULIUS BUSINGE | Two government ministers, Matia Kasaija – Finance and Mary Karooro Okurut – General Duties, have called on taxpayers to willfully meet their tax obligations to enable government offer services without hurdles. The ministers were speaking at the opening of the three day Taxpayers Appreciation Week …
Read More »NSSF launches construction of US$400M Lubowa housing project
Kampala, Uganda | JULIUS BUSINGE | On Sept. 26, the National Social Security Fund (NSSF) broke the ground to construct 2, 740 housing units in Lubowo – about 16 kilometers away from Kampala city. The new project is being constructed on the 565 acres of land and it is a build …
Read More »Kadaga commissions paper processing plant
MP Abigaba roots for investment in the manufacturing of eco-friendly paper bags to replace ‘Kaveera’ Kampala, Uganda | GODFREY SSALI | Government has been urged to invest in the manufacturing of eco-friendly paper bags made from banana stems. The eco-friendly paper bags will help waste disposal by households as Uganda moves to implement the …
Read More »Bad 2016, gloomy 2017 for banks
Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
Read More »Mark Ocitti: We support government to ban alcohol sold in sachets
Mark Ocitti is the managing director at Uganda Breweries Limited. He spoke to The Independent’s Julius Businge on the sidelines of a joint roundtable press briefing held in Kampala recently. You have spent a year at UBL. What experiences have you noted so far? I inherited a great team …
Read More »Govt issues oil exploration license to Australians Armour Energy
Uganda Government issues Kanywataba petroleum exploration license to Armour Energy Limited Kampala, Uganda | JULIUS BUSINGE | Uganda has handed over the petroleum exploration license in the Kanywataba block in the Albertine area to an Australian company – Armour Energy Limited. Speaking at a press conference at the Ministry of Energy offices in Kampala …
Read More »URA’s silver bullet
How addition of Single Customs Territory is changing cross-border business Kampala, Uganda | JULIUS BUSINGE | Imagine you are a trader in Uganda importing goods requiring 500 trucks. Under what has until now been the Uganda Revenue Authority (URA) system, each truck would require its own customs clearance entry costing …
Read More »EU to spend Shs 420bn on environmental friendly businesses
Kampala, Uganda | JULIUS BUSINGE | The European Union plans to invest over Shs 420 billion in small and medium enterprises that are environmentally friendly in the coming few years, according to Cedric Merel, the head of corporation at the European Union office in Uganda. Merel was speaking on Sept. 05 at Sheraton Hotel …
Read More »MURDERS: MPs dismiss govt’s witchcraft, illuminati explanation
Kampala, Uganda | GODFREY SSALI | Members of Parliament (MPs) dismissed an explanation by the Internal Affairs Minister that the 21 women killed in the last four months in Nansana and Katabi in Entebbe were ritual murders. A highly charged parliament Thursday saw several MPs questioning whether government remained in charge of security in the …
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