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The independent

URA’s nine-month tax collection hit Shs15.4tn

Finance ministry expects the tax agency to collect Shs22.3trillion in FY2021/22 Kampala, Uganda | JULIUS BUSINGE | Total tax collections for the nine months of FY2021/22 increased by Shs 1.4 trillion to Shs 15.4trillion compared to the same period last financial year, but fell short of the Shs16.5trillion target. The …

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Uganda – DRC trade

Uganda private sector to hold first business summit in Democratic Republic of Congo | THE INDEPENDENT | Private Sector Foundation Uganda representing private sector business associations in partnership with Government of Uganda will hold the first ever Uganda- DR Congo Business Summit between May 31 and June 8 in Kinshasa …

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Collective investment scheme assets cross Shs1tn

This is good news but finance minister Matia Kasaija wants more Ugandans to save | THE INDEPENDENT | There is good news from the Capital Markets Authority (CMA) of a big milestone amounting to slightly over Shs1.1trillion attained as Assets Under Management by licensed Collective Investment Scheme (CIS) managers, representing …

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Corporate transparency

Experts release a guide for beneficial laws in Uganda Kampala, Uganda | THE INDEPENDENT | Corporate opacity presents a key vulnerability in the Ugandan economy,  contributing to the Shs2 trillion (US$550 million) in illicit financial flows (IFFs) lost each year, according to a joint report released by Global Financial Integrity …

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Co-operation for sustainable oil production

The case for cooperation in the sustainable exploitation of natural resources has never been stronger COMMENT | DR. JANE NAMBAKIRE MULEMWA | Following the announcement of the Final Investment Decision (FID) in February 2022, and the recent accession of the Democratic republic of Congo (DRC) into the East African Community …

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We are again facing global challenges

Can international community still do big things with a sense of urgency, shared purpose, common endeavor? COMMENT | KEVIN WATKINS | When U.S. Secretary of the Treasury Henry Morgenthau opened the Bretton Woods Conference almost 80 years ago, he reminded delegates that failures of international cooperation had led to the …

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Spinal cord injuries

With effective emergency response, they shouldn’t be a death sentence Kampala, Uganda | PATRICIA AKANKWATSA | Gloria Tumusiime is a 35-year-old mother of one who lives in Kireka. She has had spinal cord injury for close to three years now. She was knocked by a car in June 2019 at …

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