Firms need to go big on innovations, corporate governance and cost management, experts say Kampala, Uganda | THE INDEPENDENT | The exit of multinational companies in Uganda including South Africa’s largest grocery retailer Shoprite Holdings exposes the challenges that businesses in the country are grappling with to remain afloat. Several …
Read More »New blood for NSSF board
Finance Minister Matia Kasaija wants tangible results Kampala, Uganda | THE INDEPENDENT | Uganda’s Minister of Finance, Planning and Economic Development Matia Kasaija has appointed Peter Kimbowa, a team leader at the CEO Summit Uganda– a private sector Think Tank and managing Partner at IFE Consultants, as the pension fund’s …
Read More »NBL economic forum exposes opportunities, tax risks
Minister Kasaija promises more government support to boost private sector growth Kampala, Uganda | JULIUS BUSINGE | Nile Breweries Limited, a subsidiary of the Belgium based ABInBev, on Aug. 18 held a virtual Economic Forum to highlight the company’s contribution to Uganda’s economy, bringing to light the effect of the …
Read More »Museveni gives nod to mid-term NSSF access
Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has likened himself to Pontius Pilate in the Bible, as he reluctantly agreed to the workers mid-term access to their saving in the National Social Security fund. He today directed the Minister for Gender, Labour and Social Development Betty Amongi to make …
Read More »Uganda misses agricultural opportunity to Malawi
Dozens of local firms are still demanding for payments from Juba for goods supplied more than a decade ago Kampala, Uganda | ISAAC KHISA | Africa’s newest state, South Sudan, has by-passed Uganda and signed a trade agreement with Malawi for the supply of grain and other agricultural commodities. This …
Read More »Private sector tasks government on favorable policies
Kampala, Uganda | THE INDEPENDENT | Private sector players have charged government to implement policies that support recovery of businesses especially in the midst of the pandemic. The second wave of the COVID-19 pandemic in Uganda continues to threaten the economy as infection rates rise to 77,505 and reported deaths …
Read More »Shs985bn for Kampala city roads
Money is part of Shs 1.2tn loan from AfDB Kampala, Uganda | RONALD MUSOKE | On May 11, the African Development Bank (AfDB) and the government of Uganda signed two financing agreements worth US$ 348 million (about Shs 1.2 trillion) to rehabilitate and improve road infrastructure within Kampala City and …
Read More »Museveni takes government to the Parish
But will model help millions of Ugandans get out of poverty? Kampala, Uganda | RONALD MUSOKE | David Bahati, the Minister of State for Finance in charge of planning is excited about the Parish Development Model—the latest NRM programme aimed at lifting millions of rural-based Ugandans out of poverty. …
Read More »Ministry of Finance achieves more of its NRM manifesto pledges
NRM MANIFESTO WEEK | The Ministry of Finance, Planning and Economic Development (MoFPED) listed its top achievements in the last five years during the 2021 Manifesto Week at the Office of the Prime Minister in Kampala. Presenting the achievements, the Minister of Finance, Matiya Kasaija, said on the target of …
Read More »Kasaija’s tax burden
How to raise money from ideas that failed Kampala, Uganda | ISAAC KHISA | Finally its May, the month in which parliament as the Committee of Supply debates and passes the 2021/22 national budget. Unlike in recent years, the focus of debate has shifted from sector allocation to another …
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