Kampala, Uganda | THE INDEPENDENT | Uganda’s private sector has blamed the poor attitude towards compliance with tax obligations on what they call unfriendly tax policies. This comes as the government seeks more ways of encouraging more Ugandans to pay taxes as and when they fall due, and also increasing the …
Read More »Improved infrastructure attracting more factories at Namanve Industrial Park
Mukono, Uganda | THE INDEPENDENT | The government has recorded a surge in the number of industries following key infrastructure improvements at the Namanve Industrial and Business Park in Mukono District. The government has been implementing key infrastructure developments at Namanve through contractor-facilitated financing arrangements. They include tarmacking over 44 kilometres of road networks, bridges, …
Read More »Opposition maintains concern on economy, demands answers
Kampala, Uganda | THE INDEPENDENT | The Speaker of Parliament, Anita Among, has proposed a meeting between the Leader of the Opposition (LoP), Mathias Mpuuga, and Finance State Minister (Privatisation and Investment) Evelyn Anite, after an unsatisfactory response to the LoP’s concerns on government’s failure to meet its financial obligations. In a …
Read More »Investors protest order to demolish structures in Namanve park
Kampala, Uganda | THE INDEPENDENT | Investors in Namanve industrial park have protested an order by the National Environment Management Authority-NEMA to demolish structures established in wetlands. NEMA instructed several investors to raze down structures and restore the destroyed areas of wetlands, an order which, according to the Authority’s deputy spokesperson, Tonny …
Read More »New gov’t electricity firm to offer affordable services: Minister Anite
Kampala, Uganda | THE INDEPENDENT | The State Minister for Privatisation and Investment, Evelyn Anite, has assured legislators that government’s plan to create a sole electricity company will ensure provision of affordable and accessible electricity. Anite said it is the position of government to move away from using middle men in electricity …
Read More »UIA to repossess idle land in Namanve industrial park
Kampala, Uganda | THE INDEPENDENT | The State Minister for Investment and Privatization, Evelyn Anite has directed Uganda Investment Authority-UIA to repossess plots of land in Namanve industrial park that have not been utilized by investors. Anite who visited the park on Tuesday noted that five investors who were allocated land …
Read More »UBA Uganda wins URA’s trailblazer award
Kampala, Uganda | THE INDEPENDENT | United Bank for Africa received the Trailblazer Award 2021 from Uganda Revenue Authority (URA) at the 16th Taxpayers’ Appreciation Awards 2021. The lender was recognized for being the first bank to adopt the swipe and pay (Visa card/MasterCard-enabled) payment method in Uganda. The swipe and …
Read More »UIA gets free land for development of industrial parks in Western Uganda
Kisoro, Uganda | THE INDEPENDENT | Local governments in four districts of southwestern Uganda have offered free land to Uganda Investment Authority (UIA) for the establishment of industrial parks in the region. The districts are Kisoro, Kabale, Mbarara and Rukungiri. Kisoro district alone has offered 620 acres of land located in …
Read More »Confusion as minister Anite floods Arua with yellow T-shirts
Kampala, Uganda | THE INDEPENDENT | Confusion ensued in Arua City on Tuesday morning as hundreds of T-shirts of Investment State Minister Evelyn Anite and outgoing Koboko Municipality Member of Parliament were distributed to NRM supporters. Hundreds of women thronged Arua mayor’s gardens as early as 7.00 am with the hope …
Read More »Government to construct power sub station in Mbale industrial park
Mbale, Uganda | THE INDEPENDENT | The Privatization and Investments State minister, Evelyn Anite has revealed government plans to construct a power substation in Mbale City industrial park to overcome the challenge of power outages. According to Anite, the substation will also help reduce the heavy costs of power for running …
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