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Business
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Deputy Speaker Tayebwa Backs BOU to Reject Foreign Nominee CEO to Stanbic Bank
Deputy Speaker, Thomas Tayebwa has backed the position of the Bank of Uganda to reject a foreign national nominated by the Standard Bank Group, to replace the former Chief Executive Officer (CEO) for Stanbic Bank Uganda, Anne Juuko.…
Gov’t Proposes Sweeping Changes to Excise Duty Rates and Tax Exemptions
The Ministry of Finance has set forth a comprehensive proposal to amend the Excise Duty Act, introducing a range of changes aimed at reshaping tax policies to both stimulate certain sectors and increase revenue streams for the government.…
UNBS to Verify Used Vehicle Imports Effective April 2nd
The Uganda National Bureau of Standards (UNBS) has announced tighter regulations for the importation of used motor vehicles into Uganda.
This is in a bid to ensure public safety and environmental protection. UNBS has made it mandatory…
Kiira Motors Proposes 524 Billion Shillings Budget for Indigenous Mobility Enterprise
Kiira Motors Corporation, a budding indigenous mobility enterprise in the country has presented a 524 billion Shillings proposed business investment budget to the Presidential Affairs Committee of Parliament.
It was contained in the…
ICPAU Urges Ethical Accounting Practices for Improved Service Delivery
Members of the Institute of Certified Public Accountants of Uganda-ICPAU have asked agencies to practice ethical accounting practices, which will promote improved services in the community.
This was the call at the second annual Public…
UIA Calls on Small Businesses and Farmers to Embrace Affordable Financing
The Uganda Investment Authority (UIA) and the Bank of Uganda have urged small businesses and commercial farmers to embrace affordable financing. This call was made during a workshop for SMEs in Rukungiri.
The workshop centered on two…
Parliament Grills UWA Over Shs180 Million Contract Discrepancy
Members of Parliament sitting on the Committee on Commissions, Statutory Authorities, and State Enterprises (COSASE) grilled Uganda Wildlife Authority (UWA) officials over a loss of Shs180 million linked to a contract concerning the gorilla…
Museveni, UK’s Prince Edward Discuss Tourism, Investment
President Yoweri Museveni met and discussed with His Royal Highness, the Duke of Edinburgh, Prince Edward at State House Entebbe.
Prince Edward is a member of the British royal family. He is the youngest child of Queen Elizabeth II and…
Deputy Speaker Urges Insurance Sector on Transformation
Deputy Speaker of Parliament, Thomas Tayebwa, has admonished insurance companies, asserting that in this era of stiff competition, they must innovate relentlessly or risk becoming obsolete.
Addressing participants as the chief guest…
Government Introduces Digital Registration for Cooperatives
The Ministry of Trade, Industry, and
Cooperatives has introduced a digital registration process for credit and savings cooperative societies in the country, a move that stakeholders have welcomed.
The Cooperatives Registry Management…