The Ministry of Finance, Planning and Economic Development (MoFPED) has released Ugx 5,084.59 billion for quarter four of the financial year 2022/2023. The money which caters for the months April…
Fitch Ratings, the International credit rating agency, has upgraded Stanbic Bank Uganda Limited’s (SBUL) Viability Rating (VR) to ‘b+’ from ‘b’ due to improved capital buffers relative to its risk…
The Convention on Mutual Administrative Assistance in Tax Matters facilitates international co-operation for a better operation of national tax laws, while respecting the fundamental rights of taxpayers. It provides for…
The East African Business Council (EABC) has emphasized the vital role of business associations in the successful implementation of the African Continental Free Trade Area (AfCFTA). Speaking at the panel…
According to a new International Labour Organisation (ILO) report, innovative working time arrangements, such as those introduced during the COVID-19 crisis, can bring benefits for economies, businesses and workers, including…
Implication/Comments Repealing this provision removes duplication in the law as the term ‘Petroleum Agreement’ is also defined under Part IXA in Section 89A (1) of the ITA to mean an…
The principal Act is proposed to be amended in section 10 which defines a supply of goods by inserting immediately after subsection (3) the following— “(3) The supply of goods…
by inserting immediately after the definition of “export” the following— “fruit juice” means unfermented liquid extracted from the edible part of a fresh fruit, whether the extracted liquid is diluted…
The principal Act is proposed to be amended in section 19B by inserting immediately after subsection (6) the following— “(6a) A person who makes an unauthorised interference to, or tampers…
The Lotteries and Gaming Act, 2016 is amended by substituting Schedule 4 which provides for a rate of twenty percent (20%) of the total amount of money staked less the…