Tax experts say government needs to refocus its priorities Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has good and bad news these days. The tax body is collecting more and more money but, at the same time, is failing to meet ever rising annual targets. The pattern of missed …
Read More »LAND PROBE: How govt land is stolen
LAND PROBE: How govt land is stolen | After a technical break, the seven-member Land Inquiry 2017 Commission headed by Lady Justice Catherine Bamugemereire handled two big cases from July 24 –28. Kampala, Uganda | JULIUS BUSINGE | In the two cases, one main issue emerged: forceful evictions of the …
Read More »Bamugemereire land commission goes for another break
Kampala, Uganda | JULIUS BUSINGE | The seven member commission of inquiry into land matters headed by Lady Justice Catherine Bamugemereire will next week not conduct any public hearings until it submits an interim report about its journey so far to the appointing authority, President Museveni. “We are due to hand in …
Read More »OTAFIIRE: I had no authority to give away Jinja government property
Kampala, Uganda |JULIUS BUSINGE | Justice and Constitutional Affairs Minister Gen. Kahinda Otafiire on Thursday appeared before the land commission of inquiry to defend his role in the illegal giveaway of government property in Jinja, Eastern Uganda. According to information available before the commission, Otafiire, who was in 2011 the Minister …
Read More »Japanese company completes Sadolin paints acquisition in East Africa
Kampala, Uganda | JULIUS BUSINGE | Sadolin Paints Uganda Limited has been acquired by Kansai Plascon Africa Limited; a subsidiary of Japan based Kansai Paint Company, officials representing the two companies told journalists at the company’s US$10 million plant at Namanve Industrial Hub – outside Kampala city on Aug. 03. Officials …
Read More »BUSINESS: Future of banking
If it looks so gloomy, why is everyone seeing it as bright? KAMPALA, UGANDA | JULIUS BUSINGE | The banking industry in Uganda appears to be facing an uncertain future. Most banks are recording a mixture of good and bad performance, sluggish growth in private sector credit, rising non- performing …
Read More »BUSINESS: New MTN data offers
UCC agrees to meet company officials over concerns raised by customers Kampala, Uganda | JULIUS BUSINGE | On July 4, Uganda’s largest telecommunication firm; MTN, announced changes in price and volumes for some of its internet (data) packages resulting in concerns by customers and the regulator, the Uganda Communications Commission. …
Read More »ICPAU forum says BUBU policy will boost local businesses
Entebbe, Uganda | JULIUS BUSINGE | Uganda’s local businesses have a reason to be optimistic about the future of doing business in the country in case the discussions that were held at the 5th Economic Forum organised by the Institute of Certified Public Accountants of Uganda (ICPAU) in Entebbe from July 19 …
Read More »Lack of IDs cut sim card sales -Airtel MD
Anwar Soussa is the managing director for Airtel Uganda. He spoke to The Independent’s Julius Businge about Airtel business and Uganda’s telecom sector. You have been here for a year now as the Airtel MD. What is your general assessment of the telecommunication business in Uganda? Telecommunication business in Uganda …
Read More »Uganda’s private sector activity improves on strong demand
Uganda’s private sector activity improves on strong demand, but experts are worried that improvement in economic activities is likely to stir imports, putting pressure on the exchange rate and so is operational costs Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank’s latest report– Purchase Managers Index (PMI) for June 2017 …
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