Experts release a guide for beneficial laws in Uganda Kampala, Uganda | THE INDEPENDENT | Corporate opacity presents a key vulnerability in the Ugandan economy, contributing to the Shs2 trillion (US$550 million) in illicit financial flows (IFFs) lost each year, according to a joint report released by Global Financial Integrity …
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Why the refusal to renew their concession is not a big loss to Ugandan workers and investors and a boom to foreigners THE LAST WORD | ANDREW M. MWENDA | For some strange reason(s), President Yoweri Museveni has a very hostile attitude towards Umeme, Uganda’s main electricity distributor. Sources …
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Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has said Uganda cannot take the risk of cutting subsidies and removing taxes from imported products. “That would be definite suicide. It will deplete both family savings and National Reserves, leading to the inability to pay for imports,” he said in …
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NEWS ANALYSIS | BAKER BATTE – URN | This week, a parliamentary select committee set up by Speaker Anita Annet Among to investigate the Naguru-Nakawa land misallocation saga recommended that President Yoweri Museveni force his Housing Minister Persis Namuganza to step aside to allow for her investigation in the dubious …
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Kitende, Uganda | THE INDEPENDENT | Vipers Sports Club have this evening been crowned champions of 2021/2022 Star Times Uganda Premier League. The Venoms completed the season in style with a 5-0 whitewash of already relegated Police FC in their last match played at St. Mary’s stadium in Kitende. …
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Kampala, Uganda | THE INDEPENDENT | Speaker Anita Among Annet on Friday afternoon prorogued Parliament after discussions on the Annual Budget Estimates for FY 2022/23, marking the end of the First Session of the 11th House with effect from May 20th 2022. Parliament will reconvene next month when President Yoweri …
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NEWS ANALYSIS | THE INDEPENDENT | Uganda’s Sh48.13 trillion National Budget has been approved by Parliament today. The approved budget has increased by sh5 trillion from the current financial year budget. Over half of this money is expected to come from domestic revenue collection with Government targeting a collection of …
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Kampala, Uganda | THE INDEPENDENT | Chinese doing business in Uganda have today engaged the Uganda Revenue Authority (URA) seeking clarification on several tax administration concerns, most notably how to get tax exemptions. In the meeting with URA officials, the business community under the Chinese Chamber of Commerce, Uganda SINOCHAM …
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Kampala, Uganda | THE INDEPENDENT | Parliamentarians have warned President Yoweri Museveni against entertaining any thoughts of a U-turn against the resolution of the House that endorsed the termination of the agreement between the Government and Uganda Vinci Coffee Company Limited – UVCCL. The Committee led by Mwine Mpaka Rwamirama, also …
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Jinja, Uganda | THE INDEPENDENT | Uganda Tourism Board and Jinja City Authority have concluded plans to develop Jinja as a gateway tourism city in the Eastern part of Uganda, executives said on May 19. The plans are a result of a meeting held between the UTB, Jinja City …
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