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Business
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City traders protest as landlord demands rent for closed shops
City traders have protested a move by one of their landlords who is demanding rent arrears for shops that were closed since the lockdown in March.
In a notice sent to his tenants at the weekend, Mr Drake Lubega provided four bank…
UCC Finally Renews MTN Uganda’s Trade License
MTN Uganda has been granted a 12-year operation license extension effective July 1, 2020, the Uganda Communications Commission (UCC) announced.
At a brief ceremony held at the UCC offices in Bugolobi, Ag. Executive Director Irene Kaggwa…
Verbatim: Museven’s State of Nation Address
His Excellency the Vice President; Rt. Hon. Speaker of Parliament; His Lordship the Chief Justice; Rt. Hon. Deputy Speaker of Parliament; His Lordship the Deputy Chief Justice; Rt. Hon. Prime Minister; Rt. Hon. Deputy Prime Ministers; Hon.…
URA Wins Over 100 billion worth of tax cases in two months
Uganda Revenue Authority has in the last 3 months, won twelve tax suits worth UGX102,841,980,995 in the Tax Appeals Tribunal. The rulings that were made between March and May 2020 mostly pertain to Value Added Tax (VAT), Excise Duty,…
Kenyan truck drivers suspend movement to Uganda
A union representing Kenyan long-distance truck drivers has said it suspended the movement of trucks to neighbouring Uganda Thursday until they are assured of their safety, citing Covid-19-related stigma and harassment.
Speaking at…
Uganda Starts Exporting Mobile Phones to Morocco
Uganda’s exportation of the locally made mobile phones has started with Morocco being the first external market, the management of the manufacturing firm SIMI Mobile Uganda has revealed.
“I have the honour on behalf of the board of…
Total Acquires Tullow Shares In Uganda Lake Albert Project
Total and Tullow have entered into an agreement, through which Total shall acquire Tullow’s entire interests in Uganda Lake Albert development project including the East African Crude Oil Pipeline.
The overall consideration paid by Total…
I Will Import Food for Ugandans – Museveni Warns Hoarders
President Yoweri Museveni has warned hoarders that he will import food from Mexico if traders try to hide it in order to increase prices.
Speaking on Sunday at State House Nakasero, Museveni said, he will never allow a group of suppliers…
Parliament Approves Dr. Atingi-Ego as BoU Deputy Governor
The Parliament Appointments Committee chaired by the Speaker, Rebecca Kadaga has approved the appointed of Michael Atingi-Ego as Bank of Uganda (BOU) Deputy Governor.
However, in an unprecedented manner, the session was held via…
Museveni Drops Doris Akol as URA Commissioner General, BoU’s Kasekende Replaced
President Museveni has appointed Mr John Musinguzi Rujoki as the new Commissioner General of Uganda Revenue Authority.
Mr Musinguzi replaces Ms Doris Akol who has been at the helm of the tax body for six years.
Ms Akol had replaced Ms…