The Uganda – South Sudan Trade dispute has for the past two months escalated rapidly after the latter refused Uganda’s request to release the cargo trucks impounded on the pretext …
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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 …
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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 …
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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 …
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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 …
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Uganda is positioning itself to be a competitive and reliable origin of vanilla, second to Madagascar, which is the leading producer in the world. Vanilla production from two annual harvests …
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Banking & SavingsFinanceLatest NewsNewsTaxation
Ugandans to access interest free loans as Parliament passes Islamic Banking Bill
Parliament on Thursday passed the Income Amendment Bill and the Foreign Exchange Amendment Bill to pave way for the implementation and operationalization of Islamic banking financial products by commercial banks, …
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The Inspectorate of Government (IG) has ordered former Managing Director of the National Social Security Fund (NSSF), Richard Byarugaba and former Director of Finance, Stevens Mwanje to jointly refund 5 …
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Industry & TradeLatest NewsNews
Museveni assures Ugandans of ready market for the value added products
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 …
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Recently the East African Community (EAC) Ministers of Finance held budget consultations in Arusha Tanzania and agreed to make some changes in the EAC taxation structure. To make regional industries …