New report by EPRC echoes global procurement experts on post-COVID business | THE INDEPENDENT | Businesses in Uganda should build new supply chains following the disruption to their old ones caused by the outbreak of the coronavirus disease, COVID-19. That is one of many takeaways from a business climate survey …
Read More »4.4 million Ugandans could lose jobs due to coronavirus-Report
Kampala, Uganda | THE INDEPENDENT | Four million Ugandans could lose their jobs if the Coronavirus pandemic persists for the next six months, according to the business climate index published by the Economic Policy Research Centre. EPRC conducted a survey, sending questionnaires electronically to 147 businesses which are a panel of …
Read More »Economists advise gov’t to ‘Go slow on loans’ in bid to stimulate economy
Kampala, Uganda | THE INDEPENDENT | Economists have cautioned the government against taking loans to stimulate the economy in the course of COVID-19 lockdown. They say that relying on loans is a bad idea that could leave Uganda in more trouble. The caution comes amid a scramble by African countries …
Read More »Smaller companies urged to use affordable accountants
Kampala, Uganda | THE INDEPENDENT | The Institute of Certified Public Accountants of Uganda (ICPAU) has advised smaller companies that cannot afford to hire expensive audit firms to prepare their accounts to make use of the cheaper auditors that the institute has certified. Stephen Ineget, the chairman of the Financial Reporting …
Read More »Gov’t needs UGX 235bn to roll out indoor residual spraying-EPRC
Kampala, Uganda | THE INDEPENDENT | The government requires about 235 billion shillings to roll out indoor residual spraying as a way of tackling the current upsurge of malaria across the country. This is according to a new survey conducted by the Economic Policy Research Center (EPRC). Sharing the results …
Read More »Buganda premier decries low agricultural insurance uptake
Kampala, Uganda | THE INDEPENDENT | Buganda Kingdom Prime Minister, Charles Peter Mayiga has decried that fact that few Ugandans are insuring their crops and livestock against weather-related hazards. Mayiga’s concern is that the government-subsidized weather index agricultural insurance premiums by 50 per cent but just a handful of farmers have …
Read More »What Uganda can learn from leading World coffee producers
Kampala, Uganda | THE INDEPENDENT | Until the 1990s, Uganda’s coffee industry had the same characteristics with that of Vietnam: low productivity, poor agriculture inputs and slow growth. But today, Vietnam produces 27m bags annually while Uganda produces 4.7m bags. Now in a bid to boost production, Uganda is mooting …
Read More »Border closure, delay in seasonal rains dampen business mood – New index
Kampala, Uganda | THE INDEPENDENT | Business owners’ mood for the operation climate dampened in the first months of 2019 when Rwanda closed its border with Uganda, a new business climate index has shown. Also, the index says, the seasonal rains’ delay in the first season of this year meant …
Read More »Multinational companies leaving country after tax incentives expire – EPRC study
Kampala, Uganda | THE INDEPENDENT | Some companies leave the country immediately their tax incentives expire. This is according to a new study by the Economic Policy Research Centre-EPRC. A study conducted in April 2019 but examined tax incentives given to companies from 2010/2011 to 2018/19 financial years, shows that …
Read More »Museveni reversing privatization after 33 years
Will government enterprises that failed under the 1990s inefficiency fare any better with current corruption? Kampala, Uganda | RONALD MUSOKE | When Uganda’s newly acquired two Bombardier CRJ900 aircraft arrived in the country on April 23, there was excitement. ‘Historic occasion,’ proclaimed the newspapers. Amidst the excitement, however, was some …
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