Business

  Geneva, Switzerland| MIN OF GENDER L S| Uganda has been voted onto the governing body of International Labour Organisation for the period 2017-2020. This election  by the 106th International Labour Conference in Geneva  on Monday  June 12, 2017 follows Uganda’s earlier nomination by the Africa Group at the African Union …

Kasaija asks for greater involvement by all Ugandans in implementing new budget   Finance Minister, Matia Kasaija has urged all Ugandans to roll up their sleeves and make a contribution towards the smooth implementation of the Shs 29 trillion budget for financial year 2017/18. He said in future, the Ministry …

Recently, Uganda hosted members of the World Customs Organisation (WCO) hailing from 24 countries of East and Southern Africa (ESA) for a two-day 22nd governance council to discuss matters tax administration. The Independent’s Julius Businge jointly interviewed the organisers – WCO Secretary General Kunio Mikuriya and Uganda Revenue Authority Commissioner General …

Uganda Revenue Authority  (URA) is today holding public budget breakfast meetings at four venues across the country – in Kampala, Mbale, Mbarara and Gulu. According to the Commissioner General of URA Doris Akol, “the budget breakfast being held today provides an opportunity to discuss and understand the new tax policy …

Kenya-Uganda in final discussions with Chinese bank The Uganda government, which plans to start construction of a multi-billion dollar rail project to Kenya, has to wait until its neighbour agrees to extend the railway line to the border at Malaba for the financier to avail the funds, according to the …

  Ugandan firms in fight against foreigners Uganda’s nascent oil and gas sector is entering an intense three-year development phase, or what everyone is calling phase II since it follows phase one of exploration. As excitement builds, so does anxiety. “I hope to approach this phase differently.  It is much …

There will be no more levying of direct taxes on individuals due to the cumbersome nature of collecting them. Finance Minister Matia Kasaija says government is now only looking at indirect taxes because they are easy for the government to collect. Kasaija told some journalists days before the budget was …

President Museveni: Procurement chaos is for making money not helping country Wakiso, Uganda| PPU|  President Yoweri Museveni has warned that the whole country is facing procurement chaos because the process benefits those bent on making money and not the country. He said huge resources are wasted in claims of procurement. …

President Yoweri Museveni has reassured the country that recent investments in infrastructure across the country is the right foundation needed for the country’s economy to boom again. “I am very optimistic because for the first time we have got a base which we have not had before,” Museveni said in his remarks …

LIVE: The Minister of Finance, Planning and Economic Development Matia Kasaija has read out a Shs29 trillion 2017/18 national budget for Uganda. Kasaija read the budget to parliament on behalf of President Yoweri Museveni. (READ FULL BUDGET HERE  click) Before that, the Minister of Works tabled the Civil Aviation Authority amendment bill 2017 …