Beneficial ownership refers to a person who ultimately has the right to some share of a legal entity’s income/assets and the ability to control its activities. The Companies Act 2012 …
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EconomicsFinanceIndustry & TradeLatest NewsManufacturingNewsTaxation
About Uganda’s 2023/24 UGX50 trillion budget
The National Budget Framework Paper totaling UShs49.9 trillion for the Financial Year 2023/2024 was on February 1, 2023 passed by parliament of Uganda. The document, which paves way for the …
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EnergyLatest NewsManufacturingNews
UMA asks government to prioritise local manufacturers in energy sector
The Uganda Manufacturers Association (UMA) board chairperson Deo Kayemba has asked government to prioritise local content as there are competent manufactures that can supply the energy sector. He made the …
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Latest NewsNewsTelecoms
Airtel, Fin-Tech stakeholders dialogue on achieving a progressive regulatory environment
Airtel Mobile Commerce Uganda Limited (AMCUL) in collaboration with other Fin-Tech Stakeholders held a dialogue on how to achieve a progressive regulatory environment that supports affordable digital financial inclusion for …
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The Corporate games 2023 season officially kicked off at the Legends Sports Ground on Sunday, February 12, 2022 with corporates from various organisations participating in a range of sports activities. …
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EconomicsGlobal NewsLatest News
Uganda’s financial sector ranked as highest growing in East Africa
Absa Africa Financial Markets Index have ranked Uganda’s financial sector as the highest growing within the East African region. The financial index by Absa evaluates financial market development in 23 …
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Industry & TradeLatest NewsNews
EABC appeals to Kadaga to champion harmonization of taxes, operationise EAC trade remedies committee
East African Business Council (EABC) Chairperson Angelina Ngalula has appealed to Rt. Hon. Rebecca Kadaga, First Deputy Prime Minister and Minister for East African Community (EAC) Affairs to champion the …
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In November 2022, Uganda Airlines launched a $3million project to provide self-handling services at Entebbe International Airport. Since inception in 2019, the national carrier was outsourcing services handling services from …
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Latest NewsNewsTaxation
URA widens tax base as over 400,000 new taxpayers are added to the tax payers register
The Uganda Revenue Authority (URA) has registered a 17.19% increase in new tax payers who have been added to the tax payers register between July and December 2022. Addressing the …
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Uganda Baati Limited, a member of the Safal Group and Uganda’s leading manufacturer and supplier of quality steel building solutions, has opened its 11th showroom in Soroti. Speaking at the …