Industry regulator says the future is bright amidst current COVID-19 pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s retirement benefits sector recorded a 13.8% increase in assets to Shs13.2trillion for the year ended Dec. 2019, according to the Uganda Retirements Benefits Regulatory Authority’s performance latest report presented on Sept.02 in …
Read More »COVER STORY: Tough budget
What experts say about Shs45.4tn, debt, taxes Kampala, Uganda | JULIUS BUSINGE AND ISAAC KHISA | The 2020/21 national budget read on June 11 has been criticised by experts as weak on all fronts; from its stimulus and bailout programmes to the manner in which its figures were arrived at …
Read More »Divisions in Finance over URA money
Top officials clash over budget deficits, new administrative units Kampala, Uganda | JULIUS BUSINGE | The Uganda Revenue Authority (URA) is having a hard time meeting its targets and the fall-out is leading to fights between the tax body, Ministry of Finance technocrats and their political supervisors. The key issues …
Read More »Oxfam says government wrong on land
Recommends different approach to issues in new report Kampala, Uganda | JULIUS BUSINGE | A new report by Oxfam, the international development and humanitarian organisation, has faulted the government’s land policies. Titled `Locked out; How unjust land systems are driving inequality in Uganda’, the report re-emphasised dealing with gaps in …
Read More »Decongesting Kampala-Entebbe road
Why the Expressway has not really eased the traffic Kampala, Uganda | JULIAN E. SABIITI | On the face of it, the Kampala-Entebbe Expressway has not lived up to its purpose – so far. Since President Yoweri Museveni officially launched it for public use it has attracted very little traffic. …
Read More »Inside URA’s proposed customs taxes
Local consumers and businesses – not the exporting countries – will pay the price Kampala, Uganda | ISAAC KHISA | The good news coming from the Nakawa-based Uganda Revenue Authority (URA) is that local firms, will effective July this year, be protected from external competition as government increases taxes on …
Read More »Museveni won’t print 2021 elections money
‘No’ to printing elections money, but is raiding the budget any better? Kampala, Uganda | HAGGAI MATSIKO | Hidden in plain sight. That is what President Yoweri Museveni’s campaign money for the 2021 election looks set to be, according to experts. They say the money is this time in the …
Read More »Behind the sugar zoning politics
Why the new proposal is bad for the country’s sugar industry Kampala, Uganda | ISAAC KHISA | Ugandan sugar millers, cane farmers and the government have for sometime been at loggerheads over a proposal to introduce zoning in the sugar cane growing areas. The proposed Sugar Bill, 2016, seeks to …
Read More »Going digital could boost Sub-Saharan economies—World Bank
But only a small proportion of the region’s population is hooked to the internet Kampala, Uganda | RONALD MUSOKE | Sub-Saharan African economies are sluggishly growing owing to global uncertainty, poor management of debt, inflation as well as political and regulatory uncertainty, according to the latest World Bank’s bi-annual analysis …
Read More »Uganda Airlines: Good investment wrong timing
Economists support its revival but remain skeptical about its success as a business Kampala, Uganda | JULIUS BUSINGE | Uganda Airlines will soon be back in the skies again but the questions remain on how the national carrier will avoid the past mistakes that led to its liquidation 18 years …
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