Forex bureaus required to have Shs 200m minimum capital in new law
Investors in the foreign exchange business will now be required to have a minimum paid up share capital of Shs200 million to carry out the business of dealing in money…
Investors in the foreign exchange business will now be required to have a minimum paid up share capital of Shs200 million to carry out the business of dealing in money…
Uganda Airlines has appointed Indian Travel company Minar Travels (India) Pvt. Ltd. as its General Sales Agent in India. As the market GSA, Minar Travels will be supporting the launch…
Minister of State General Duties, Ministry of Finance Henry Musasizi has revealed by the end of FY 2023/24, Uganda’s Gross Domestic Product – GDP is projected to expand up to…
The Minister of Works and Transport Gen Katumba Wamala has urged Ugandans to support Ugandan brands as Uganda Airlines flags off 500 pilgrims to Mecca, Saudi Arabia. The national carrier…
As government grapples with how to raise more revenue to run its business, reduce donor dependence and invest in the public services that allow society and the economy to thrive,…
Uganda Airlines will be operating its inaugural flight for the annual Muslim pilgrimage to Mecca on the Monday, June 19,2023,departing at 10:00 am EAT. According to a statement released by…
The Government of Uganda has released the financial year 2023/24 budget of Shs 52.7 trillion that entails government revenue mobilisation and spending plans for the next 12 months. The Minister of…
The Bank of Uganda (BOU) has maintained the Central Bank Rate (CBR) at 10 percent in June 2023. The CBR’s operational bands will remain at +/-2 percentage points, while the…
The role of Financial Technology (FinTech) in facilitating Uganda’s transformation cannot be overemphasized. Without point-of-sale machines and online/mobile banking expediting entry into our national parks, tourism would most likely contribute…
Uganda Baati Limited, a member of the Safal Group, has unveiled cutting-edge stone-coated steel roof tiles under the brand name- Lifestyle. This revolutionary stone-coated steel roof tile combines light weight,…