Saturday , November 9 2024

The Independent

10,000 taxis cleared to operate in Kampala

Kampala, Uganda | THE INDEPENDENT | More than 10,000 taxis have been cleared to operate in greater Kampala Metropolitan area. Kampala Capital City Authority- KCCA has registered and issued route numbers to 13,301 taxis but 10,501 taxis so far have route charts and are allowed on the road. This means …

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Electronic revenue management system yet to start in Mukono

Kampala, Uganda | THE INDEPENDENT | The pilot program of the new electronic revenue management system is yet to start in Mukono district. In 2017, the Ministry of Local Government rolled out the automated revenue management system aimed at increasing revenue collections. The online tool is used for local taxpayers’ …

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Banks restructure loans worth UGX 2 Trillion

Kampala, Uganda | THE INDEPENDENT | The Uganda Bankers’ Association has said that commercial banks have restructured loans to a tune of 2.02 trillion Shillings as a result of the effects of the COVID-19 lockdown on businesses. According to the Association’s Executive Director Wilbrod Owor, in the first month of …

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UEFA relaxes financial fair play rules amid coronavirus crisis

Lausanne, Switzerland | AFP | UEFA has opted to temporarily soften its financial fair play (FFP) rules to help clubs impacted by the economic fall-out of the coronavirus crisis, European football’s governing body announced on Thursday. FFP rules mean that, over a three-year period, clubs competing in European competition are not …

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