Kampala, Uganda | THE INDEPENDENT | Anyone seeking to have electricity connected to their premises will now have to pay the full costs, following the scrapping of the subsidy, as well as the free connection policy, by the government. Since 2005, the government has been subsidizing the cost of connecting power …
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Kampala, Uganda | THE INDEPENDENT |At a time when Africa is mobilizing resources for pandemic recovery and sustainable development, illicit financial flows (IFFs) are robbing the continent of USD 50 billion annually. Illicit financial flows refer to the illegal movement of money from one country to another, through tax fraud, …
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📌CFO Awards winners 2020 ✳ CFO award of the year – Godfrey Byekwaso CENTENARY BANK ✳ ME/SOCIAL impact award – Moses Kargbo TUGENDE LTD ✳ Not-for-Profit Award – Edith Nalwadda RIGHT TO PLAY ✳ Public Sector Award – Augustine Tamale NEW VISION ✳ Young CFO Award – Ivan Mandela SHONA GROUP ✳ Finance …
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The company now plans to rollout CDAP second phase that will include rural electrification, tree planting along R. Nile and improving water and sanitation facilities Kampala, Uganda | JULIUS BUSINGE | Uganda Electricity Generation Company executives have commissioned community development projects in Kayunga District in fulfilment of a promise made …
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Kampala, Uganda | THE INDEPENDENT | Xoom, PayPal’s money transfer service, has announced that its customers in the US, UK, Canada and Europe can now send secure and convenient money transfers directly to mobile wallets in key markets across Africa with a focus on the under banked segment. The new markets …
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Latest Economic Update notes that investments in human capital and youth over the next five years will impact on the country’s prosperity | THE INDEPENDENT | Increasing government spending on health and education over the next five years will enable Uganda to enjoy a demographic dividend that comes with a …
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Kampala, Uganda | THE INDEPENDENT | Vendors have finally occupied Kasubi market paving way for the construction works at Kasubi junction in Lubaga Division. KCCA couldn’t undertake the works in 2018 during the construction of Bakuli-Kasubi Road because vendors from Kasubi Market were operating from there. Government hence constructed a market …
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Government executives fail to provide viable options to lower interest rates as experts propose initiatives Kampala, Uganda | JULIUS BUSINGE | Uganda government’s over-reliance on borrowing from the local market is the main reason behind the high interest rates. This was the general assessment that stakeholders during a seminar held …
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Kitgum, Uganda | THE INDEPENDENT | Kitgum District has kicked off assessment of all Savings and Credit Cooperative Societies- Saccos formed to benefit from Emyooga programme, a presidential initiative on wealth and job creation. This comes as government disbursed 1.6 Billion shillings through the Microfinance Support Center to facilitate Emyooga programme …
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Mukono, Uganda | THE INDEPENDENT | Retired Anglican clergy in Mukono will not have to wait until the age of 80 years to start earning the 25,000 stipend for the elderly from the government. Bishop James William Ssebaggala has taken a revolutionary step by enrolling them on the payroll from which they …
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