Businesses set to benefit from signed bilateral agreements Kampala, Uganda | JULIUS BUSINGE | Nearly a dacade ago, Betty Kiguli, the procurement coordinator at Nice House of Plastics, hardly made a saving while clearing goods with customs officials. But things have changed in the past four years since her company was …
Read More »City Oil, ENOC sends 30 to Abu Dhabi
Kampala, Uganda | JULIUS BUSINGE | Mandela Group of companies through its subsidiary- City Oil in partnership with Emirates National Oil Company (ENOC) is sponsoring 30 lucky people to take part in the Abu Dhabi Desert Challenge. The fully paid trip will see the winners enjoy a three day and four …
Read More »Uganda envisions pension sector boom
Kampala, Uganda | JULIUS BUSINGE | Mr. Martin A. Nsubuga is the Acting Chief Executive Officer (CEO) at the Uganda Retirement Benefits Regulatory Authority (URBRA). He takes up the position with a wealth of experience to ensure that the gains of the past five years are sustained. He is concurrently serving …
Read More »‘Investments in distribution will cut electricity tariffs’
Kampala, Uganda | JULIUS BUSINGE | Ziria Tibalwa Waako is the Chief Executive Officer of the Electricity Regulatory Authority (ERA). The Independent’s Julius Businge attended a media training workshop on March 6 where she responded to a number of questions. How would you describe Uganda’s electricity sector at the moment? Uganda’s …
Read More »Who wins in the proposed NSSF reforms?
Critics say shelving the proposed pension liberalization bill exposes the Shs 9 trillion fund to political and corporate governance risks Kampala, Uganda | JULIUS BUSINGE | Uganda’s National Social Security Fund finally won the battle to retain its status as a mandatory scheme for all employees in informal and formal …
Read More »Authorized Economic Operator’s conference attracts 1000 delegates
Kampala, Uganda | JULIUS BUSINGE | Over 1000 delegates, 600 international and 400 national, are in Uganda for the next three days to take part in the 4th World Customs Organization Global Authorised Economic Operator’s Conference that officially opened today – March 14 at Kampala Serena Hotel. Speaking to reporters prior …
Read More »Auditor General, CSBAG to work together
Kampala, Uganda | JULIUS BUSINGE | A group of civil society organizations under their umbrella group, Civil Society Budget Advocacy Group (CSBAG) are concerned about government’s failure to implement the recommendations in the Auditor General’s (AG) reports documents over the years. The group, headed by the Executive Director, Julius Mukunda, said …
Read More »Bad news on revenue collection
But Finance Minister, Kasaija, says the overall FY2017/18 budget is performing well Kampala, Uganda | JULIUS BUSINGE | There is bad news coming from Uganda Revenue Authority and the Ministry of Finance Planning and Economic Development (MoFPED). The latest data on tax collections shows that URA recorded Shs 324bn as …
Read More »Stanbic’s PMI points to consistent economic growth
Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank’s Purchase Managers Index (PMI) posted 51.1% growth in February down from 52% in the previous year, signaling a moderate improvement in business conditions in the private sector. Commenting on February’s survey finding, Jibran Qureshi, Regional Economist East Africa at Stanbic said, “business conditions …
Read More »Over 300 graduate in accounting courses
Kampala, Uganda | JULIUS BUSINGE | A total of 308 Certified Public Accountants of Uganda (CPA-U), 33 Accounting Technicians (AT-U) and an additional of 13 students completed the Certified Tax Advisor (CTA) course during the June and November 2017 examinations sittings organized by the Institute of Certified Public Accountants of Uganda …
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