Prior to 1991, tax revenues remained significantly low and were inadequate to support the financing of government programs. The tax base was narrow and the tax to GDP ratio was …
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Industry & TradeLatest NewsManufacturingNews
Uganda Manufacturers Association launches digital membership certificates
The Uganda Manufacturers Association (UMA) has launched its Digital Membership Certificates during a Board meeting at the UMA head office. The new certificates align with the association’s commitment to digital …
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The high Court has dismissed an application which sought to quash a Bank of Uganda directive that barred licensed entities and individuals from facilitating crypto transactions. In his ruling, Justice …
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Parliament will start an inquiry into the circumstances under which the Minister of Energy and Mineral Development, waived taxes worth Shs616 billion on gold exports. The decision to start the …
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The National Social Security Fund (NSSF) has announced an extension of the mandatory registration for employers to June 30, 2023, following requests from small and medium enterprises. Non-compliant employers will …
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Latest NewsNewsThe CEOsWomen In Leadership
Stanbic Bank’s Ann Juuko only Ugandan among 2023 Africa’s Definitive Women CEOs
Stanbic Bank Uganda’s CEO Anne Juuko is the only Ugandan named on the Africa.com 2023 Definitive List of Women CEOs. The data-driven list recognizes women who are leading large businesses that are also …
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Complacency is always risky when you are all chasing after the same thing. Eventually, you lose sight of the prize and end up in regrets rather than sharing in the …
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The currency structure of Uganda consists of banknotes and coins and is denoted in Uganda Shilling (UGX). The following denominations are currently in circulation: Banknotes UGX 1,000 UGX 2,000 …
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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 …
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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 …