Parliament imposes tax on loss making companies
Parliament has imposed a tax on companies reporting losses for more than seven years with 50 per cent of the losses carried forward now being subject to tax in new…
Parliament has imposed a tax on companies reporting losses for more than seven years with 50 per cent of the losses carried forward now being subject to tax in new…
Despite a slight drop in the monthly Stanbic Purchasing Managers’ Index (PMI) from 57.4 in May to 56.4 in June, Uganda’s private sector remains optimistic as improving customer demand continues…
The Managing Director Uganda Development Bank Limited (UDBL) Patricia Ojangole, has been named Sustainability Leader of the Year 2023 during the Karlsruhe Sustainable Awards ceremony; for the third me in…
There have been public outcries over the alleged unfair taxation in Uganda that has led to closure of some businesses. However, the jigsaw puzzle of who actually pays is still…
The presidents of Uganda and South Sudan have intervened in a maize row that had threated to ruin relations between the two countries. In June 2023, 65 Ugandan trucks transporting…
President Yoweri Kaguta Museveni has assured Ugandans that the country has a ready market for their value-added products. “If you do agriculture and then add value to your products through…
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…