Sunday , April 20 2025

Tag Archives: COVID-19

MPs endorse tax on passengers flying out of Uganda

Kampala, Uganda | THE INDEPENDENT | Parliament has adopted a raft of recommendations to revive the economy currently battered by the Covid-19 pandemic, key among is implementation of a Tourism Development Levy. “The Committee proposes a levy of $10 to be charged on each ticket for every person who departs from Uganda …

Read More »

Ramathan Ggoobi’s big plan for the economy

Can he achieve it when the economy is still grappling with COVID-19? Kampala, Uganda | THE INDEPENDENT | Ramathan Ggoobi, the new Permanent Secretary at the Ministry of Finance/ Secretary to the Treasury (PSST) is promising to design and improve on a number of policies to achieve an all-inclusive economy. …

Read More »

No dividend for Cipla shareholders

The company’s trading price has tumbled to less than Shs100 per share, down from Shs 256.5 IPO level Kampala, Uganda | ISAAC KHISA | Shareholders of drug maker, Cipla Quality Chemicals Ltd will not earn a dividend for the second consecutive year even after reporting a more than 50% drop …

Read More »