Katuna, Uganda | THE INDEPENDENT | The 12 days that Rwanda had said it would open its Katuna border with Uganda to test how heavy vehicles will pass through their newly constructed structures, elapsed quietly on Saturday. On June 10, Rwanda Revenue Authority-RRA announced it was opening the border …
Read More »Chinese, Indian nationals die in Kampala city accident
Kampala, Uganda | THE INDEPENDENT | Three Chinese and an Indian National have been killed in an accident along Golf Course in Kampala. Deputy Kampala Metropolitan police spokesperson Luke Owoyesigyire, said the driver of UBA 111E lost control and swerved off the main road down to the Golf Course …
Read More »URA intercepts Kenyan truck carrying two men in containers
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s new scanners at the borders have started bearing fruit, as early today the tax collectors intercepted a Kenyan registered truck at Busia border smuggling two people in boxes into Uganda. URA says the truck registration number KCT 230T reached Busia border …
Read More »Equity Bank Uganda opens supreme branch in Bugolobi
Kampala, Uganda | THE INDEPENDENT | Equity Bank Uganda Ltd has opened the latest Supreme banking branch on Luthuli Avenue right opposite Nice House of Plastics. Speaking at the official opening, Equity Bank Managing Director, Mr. Samuel Kirubi says the Supreme Branch is offering customized banking solutions with exclusive privileges. “At …
Read More »Export earnings fall 50% in April
Kampala, Uganda | THE INDEPENDENT | Uganda’s exports earnings fell sharply in the month of April compared to March owing to a drop in gold exports and goods crossing to Rwanda, a Ministry of Finance filing shows. The May 2019 economy performance report shows that export earnings fell by 49.1% …
Read More »Sudhir’s Kingdom Kampala Mall
The US$300 million property is already attracting top corporate clients Kampala, Uganda | JULIUS BUSINGE | The recently opened Kingdom Kampala Mall is already attracting top clients that consist of corporate companies, civil society organisations and government agencies and ministries, according to Prabhat Mishra, the General Manager at Crane Management …
Read More »Equity Bank Uganda customers can now transact in Ethiopia
Kampala, Uganda | THE INDEPENDENT | Equity Bank with dominant presence in Uganda has set up a Commercial Representative Office in Addis Ababa, Ethiopia as it prepares to commence operations. The Bank has appointed Hassan Maalim as the Head of the Commercial Representative Office which will be based at Kazanchis-Addis Ababa …
Read More »Kasaija’s budget transparency initiative
It aims at putting citizens at the centre of its formulation, implementation Kampala, Uganda | JULIUS BUSINGE | “The budget is no longer interesting to us. We no longer listen to it because it does not give information that we want as farmers. Many years ago, the minister would read …
Read More »So, we have an African free trade agreement. Now what?
The devil lies in the complicated negotiations for implementation | Yinka Adegoke | May 30, 2019 was a notable date in African economic history as the day the African Continental Free Trade Area (AfCFTA) came into effect, after which it comes to market on July 7. In a nutshell, it …
Read More »Inside URA’s proposed customs taxes
Local consumers and businesses – not the exporting countries – will pay the price Kampala, Uganda | ISAAC KHISA | The good news coming from the Nakawa-based Uganda Revenue Authority (URA) is that local firms, will effective July this year, be protected from external competition as government increases taxes on …
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