The new tax move will stifle economic recovery, kill innovation Kampala, Uganda | JULIUS BUSINGE | Uganda’s government is left with just a month to announce the new budget for the Financial Year 2018/19. But it appears there is bad news as government plans to increase taxes on products and …
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Study shows sector is worse off today than it was eight years ago Kampala, Uganda | JULIUS BUSINGE | How has the Uganda’s Industrial Policy performed since it came into existence 10 years ago? Is it at par with the changing socio-economic issues? Will it be redesigned in such a …
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Kampala, Uganda | JULIUS BUSINGE | As Uganda makes steps towards getting first oil in 2020, insurance companies are working on mechanisms of partnering to share risks and benefits that will manifest. Speaking to journalists on the sidelines of a press conference on the upcoming oil and gas convention to be …
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Kampala, Uganda | JULIUS BUSINGE | The cost of internet and related services could soon drop further if the proposed sector broadband policy is implemented, according to the Minister of Information Technology and Communications, Frank Tumwebaze. Tumwebaze, who spoke on the sidelines of the 19th ordinary session of the African Telecommunication …
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UEGCL remains optimistic that official launch of the project is set for August Kampala, Uganda | JULIUS BUSINGE | On Monday, April 02, another step towards having a high-tech, well built 183MW Isimba hydro power plant was demonstrated by its main overseer– Uganda Electricity Generation Company Limited (UEGCL). The Dam …
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Kampala, Uganda | JULIUS BUSINGE | With the first oil expected towards the end of 2020 in Uganda, players are already exploring more ways of reaping from the sector. The latest avenue was a two-day local content workshop organized by the Association of Uganda Oil and Gas Service Providers (AUGOS) in …
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Company managers say recent concession talk not threat to its future Kampala,Uganda | JULIUS BUSINGE | Uganda’s power distributor, Umeme Limited, has recorded a surprise performance in the year ended December 2017, with the net profit dropping threefold to Shs 35bn compared with the previous year. The less than expected …
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Kampala, Uganda | JULIUS BUSINGE | Africa Freedom of Information Centre (AFIC), a local non-governmental organization based in Kampala has urged government to further engage the public on vital information on matters of service delivery. While releasing results conducted under the project ‘Financing for development’ at Golf Course Hotel on April …
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Kampala, Uganda | JULIUS BUSINGE | Government is working on a strategy to curtail accumulation of domestic arrears, according to Kenneth Mugambe, the director for budget at the Ministry of Finance Planning and Economic Development. Mugambe, who was responding to budget related questions from Civil Society Budget Advocacy Group (CSBAG) at …
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It has lent out US$3.4bn and employed 2500 permanent staff Kampala, Uganda | JULIUS BUSINGE | Commercial Banks all over the world are portrayed as profit oriented and only work with customers they think have firm foundations to meet credit obligations. But the Standard Chartered Bank’s recently released independent study …
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The Independent Uganda: You get the Truth we Pay the Price
