Kampala, Uganda | THE INDEPENDENT | Heavy rain with strong winds today hit Nakawa, momentarily affecting operations one of the 23 floors of the new Uganda Revenue Authority (URA) Tower. Water leaked onto the work area, through the louvers. URA confirmed the development, saying they will come up with a …
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Beijing, China | AFP | China said Monday it had lodged a complaint against the United States with the World Trade Organization (WTO), one day after new tariffs imposed by Washington on billions of dollars worth of Chinese goods came into force. The world’s two biggest economies have been embroiled …
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Kampala, Uganda | THE INDEPENDENT | Christopher Darlington is a drone pilot and mechanic. He shoots music videos, ceremonies and documentaries for his clients. He charges between Shillings 300,000 and 500,000 and is glad business is available. Darlington looks forward to the first and last two months of the year because …
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Plan to have BOU pay heavily Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | Real estate tycoon Sudhir Ruparelia has won a major case in the High Court in Kampala that could see the Bank of Uganda pay him billions of shillings in costs and compensation for lost business …
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Kabale, Uganda | THE INDEPENDENT | The multi-million Maziba Wine plant in Maziba Sub County in Kabale district is yet to start operating many years after it was commissioned. The factory that is located at Maziba Sub county headquarters was commissioned by President Yoweri Kaguta Museveni in June 2015 to …
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Entebbe, Uganda | JULIUS BUSINGE | Up to 1300 accountants are expected to attend the 24th ICPAU Annual Seminar from Sept.4-6 at the Imperial Resort Beach Hotel, Entebbe. The annual seminar is the premier event for accountants in Uganda. It was inaugurated in 1995 by Certified Public Accountants of Uganda …
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London, United Kingdom | AFP | Bank of England governor Mark Carney has suggested that a virtual currency, modelled on Facebook’s Libra, could one day replace the dollar as king of the foreign exchange market. The BoE chief aired vague proposals for a so-called “Synthetic Hegemonic Currency” at the recent …
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Government, Total respond as Tullow’s $900M deal flops Kampala, Uganda | THE INDEPENDENT | Uganda’s Energy Ministry has stressed that Tullow must pay Capital Gains tax before it can be allowed to sell part of its stake to Total and CNOOC Uganda. Tullow confirmed earlier Thursday that their Sale and Purchase …
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Paris, France | THE INDEPENDENT | Oil giants Total have re-affirmed their commitment to progressing the development of the Lake Albert oil resources, despite their Sale and Purchase Agreement (SPAs) with Tullow collapsing today. Tullow Oil plc announced earlier that it has been informed that its farm-down to Total and CNOOC will …
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Entebbe, Uganda | THE INDEPENDENT | People choosing to travel with Uganda Airlines have an option to choose among several local brands for their drinks and eats while in-flight. Among the first brands on the national carrier is Uganda Waragi, a local gin made by Uganda Breweries Limited. The gin …
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