THIS WEEK: China offers $30million to support Uganda customs modernization Kampala, Uganda | THE INDEPENDENT | The Government of China has agreed to support a customs modernization project in Uganda with a grant worth RMB 200,000,000 (US$30m). The grant agreement was signed in the Chinese capital, Beijing on Nov.03 by Matia …
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Kampala, Uganda | JULIUS BUSINGE | Two government ministers, Matia Kasaija – Finance and Mary Karooro Okurut – General Duties, have called on taxpayers to willfully meet their tax obligations to enable government offer services without hurdles. The ministers were speaking at the opening of the three day Taxpayers Appreciation Week …
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Kampala, Uganda | JULIUS BUSINGE | On Sept. 26, the National Social Security Fund (NSSF) broke the ground to construct 2, 740 housing units in Lubowo – about 16 kilometers away from Kampala city. The new project is being constructed on the 565 acres of land and it is a build …
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Cash handouts, secret age-limit talks and more Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s countrywide tour that he says is aimed at defusing what he called “toxic” information about the Land Amendment Bill before Parliament has run into trouble with experts and opposition politicians. Edmond Owor, the …
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Experts debate fate of finance-starved long-term funder UDB Kampala, Uganda | IAN KATUSIIME | “Should the Uganda Development Bank (UDB) seek capital from the government only? How should it work around Uganda’s short-term investment culture? Should it operate like a private sector bank or continue as the government’s band-aid effort …
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Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …
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How pride, Kabagambe’s ghost, and Chinese investors sealed his fate Kampala, Uganda | HAGGAI MATSIKO | On July 03, the sacked former Permanent Secretary of the Ministry of Energy, Stephen Isabalija swung the first blow in a fight that would live him jobless. He unilaterally cancelled an MoU the government …
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Sudhir, BoU fallout: An inside account of the politics behind the tycoon’s troubles Kampala, Uganda | HAGGAI MATSIKO | On July 6, President Yoweri Museveni chaired a meeting at which tycoon Sudhir Ruparelia and officials from Bank of Uganda (BoU) sought to resolve a crisis resulting from the takeover of Crane …
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But it does not mean workers strike goes ahead in November. Here’s why Kampala, Uganda | JULIUS BUSINGE | Another stalemate looms over the Pension Reform Bill, which was first tabled in parliament six years ago, as National Organisation of Trade Unions (NOTU) warns of a strike and the Minister …
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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 …
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