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23 results
11:34
11:34

Mixed Fortunes in New Income Tax Measures

In drafting the measures, the government had in mind the adverse effects of COVID- 19 on the economy, including the failure by the Uganda Revenue Authority to meet the collection targets for 2020/21.
20:12
20:12

Bank of Uganda Warns Finance Minister Over High Debt Levels 5 1 Top story

The acting Secretary to the Treasury, Patrick Ochailap says that the current budget and the other spending forecasts were made just before the second lockdown was announced earlier this month, adding they could not have predicted the future. Deputy Governor Atingi-Ego warns that the country is sitting on the edge, and that if any large-scale emergency happened, it would not be able to respond due to lack of funds.
14:52
14:52

Panic as KCCA Razes Stalls in Kikuubo to Manage Crowds 3 3 Top story

Wamala says that he had just cleared rent of Shillings 500,000 when he was asked to remove his merchandise and the stall taken away. Seated on the verandah where he used to work, Wamala wore a confused face, saying he was uncertain how he would fend for his family now that his job is no more.
07:30
07:30

Uganda Receives UGX 25B From Global Fund To Install Seven Oxygen Plants 3 1 Top story

Eng. George Otim, the Commissioner of health infrastructure in the Health Ministry, says they will install the oxygen plants in Mbarara, Hoima, Fort Portal, Kampala, Mbale, Lira and Arua.
13:21
13:21

Uganda Records Over 10,000 New COVID-19 Cases, 59 Deaths in Ten Days 1 1

Uganda recorded a total of 10,491 COVID-19 cases and 59 deaths in the first ten days of June. This implies that the country has recorded an average of 1,041 cases this month.
09:29
09:29

URA Introduces New TIN Application Process

According to Uganda Revenue Authority-URA, it has also made changes in the existing TIN application form to improve the experience of their clients and attend to the changes in the tax regime, technology and the business environment.
16:07
16:07

Uganda Odd Man Out as East African Countries Raise Expenditures

The countries continue to rely heavily on borrowing although some, like Uganda, intend to reduce how much they borrowed this year. In total, the countries plan to borrow more than USD 18 billion, to fund the turnaround of the economies battered by COVID-19, as well as ongoing and new infrastructure projects, among other areas.
18:07
18:07

Ugandan Targets Dubai Expo to Grow Exports 3

The Dubai Expo 2020 runs from October to April 2022, attracting exhibitors from at least 190 countries, as well as expecting more than 20 million people to visit the event.
17:32
17:32

National Budget: Human Capital, Security and Governance Take Lion's Share 1

Under the budget, 7.7 trillion Shillings has been earmarked for Human Capital Development; 6.9 trillion for peace, security and good governance interventions; 5.1 trillion for development of integrated transport infrastructure.
15:40
15:40

Budget: Gov't Allocates UGX 1.67 Trillion for Agro-Industrialization Agriculture 1

According to Amos Lugoloobi, agro-industrialization will be achieved through different strategic actions including developing Commodity Value Chains linking national, regional, district and sub-county level commodity off-takers to private nucleus farmers.
14:34
14:34

1,500 Stranded Students Evacuated So Far 6

Since Tuesday, the government has been providing transport to clear the numbers of students stranded in Kampala to get back to their upcountry homes.
08:09
08:09

Old Men and Women Fluke Stranded Students' Transport 5 1

According to Ismail Mulindwa, the director Basic and secondary education, they have managed to coordinate as relevant ministries of education, transport ,health and police to ensure that they clear the increasing numbers of learners without discriminating the non students found among students before the set deadline.
20:51
20:51

URA Releases Kyagulanyi's Bullet-Proof Vehicle on Museveni Orders Kyagulanyi Robert 1 1

In a June 7 letter to Kyagulanyi’s lawyers led by Anthony Wameli, the URA Commissioner General John Musinguzi Rujoki, said that they had received instructions from the president to return the vehicle to the owner immediately.
17:51
17:51

People Stranded in Bus, Taxi Parks as Transport Fares Remain High for Second Day 5 3

Sekandi, a manager at Namayiba bus terminal, says that the amount of money has definitely increased, for example, a trip from Kampala to Gulu now costs between Shillings 160,000 and 170,000 from Shillings 40,000 previously. Kampala to Lira now costs between Shillings 100,000 and 150,000 from the normal fare of Shillings 40,000.
17:46
17:46

Vaccine Laxity May Shrink Uganda's Growth Prospects -World Bank 4

However, this growth is threatened by the slow progress in the COVID-19 vaccination compared to other countries, according to the Bank’s 17th Uganda Economic Update titled; "From Crisis to Resilient Green Growth: Investing in Sustainable Land Management and Climate Smart Agriculture"
00:49
00:49

COVID-19: Inter-District Public Transport Banned As Gov’t Introduces Fresh Restrictions 5 1

President Museveni, however, emphasized that if Ugandan fail to observe the set guidelines and restrictions he will be left with no option other than announcing a total lockdown.
19:08
19:08

Second Oil Licensing Targets Previously Abandoned Blocks, Companies Commence Verification 1 3

Frank Mugisha, Acting Commissioner Petroleum Exploration, Development and Production Department says that after the tour of the five blocks, the companies will have up to 30th June to submit their applications, without any further deadline extension.
07:57
07:57

URA Wants 5-Year Domestic Revenue Target Revised Downward

In the current five-year Domestic Revenue Mobilisation Strategy, DRMS, the government sets a target for URA, of collecting revenues amounting to between 16 and 18% of the Gross Domestic Product. The government was forced to revise the revenue collection target for this year from Ushs 21.8trillion, which would be 14.3 percent of the GDP, to 19.6trillion.
11:01
11:01

COVID-19 Takes Big Toll On LDC Economies - Report

The pandemic continues to roll back some of the progress made towards sustainable development and possibly leading to long-term damage.
16:47
16:47

Archbishop Kaziimba Asks Christians to Offset Church House Debt 3 1

Equity Bank extended 41 billion Shillings to the Church of Uganda towards the construction of the 16- storeyed building and currently demands 40 Billion Shillings.
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