| THE INDEPENDENT | Investors in the tourism sector have an opportunity to exploit out of the Uganda Development Bank and European Union partnership involving a Shs62bn facility, executives said on May 18. Representatives from the two partnering agencies openeda the call for entries for eligible businesses in the tourism …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
Why the refusal to renew their concession is not a big loss to Ugandan workers and investors and a boom to foreigners THE LAST WORD | ANDREW M. MWENDA | For some strange reason(s), President Yoweri Museveni has a very hostile attitude towards Umeme, Uganda’s main electricity distributor. Sources …
Read More »
America back in Somalia Kampala, Uganda | THE INDEPENDENT | On May 03, Al Shabaab fighters stormed an African Union base in near Ceel Baraf, a village some 160 kilometres (100 miles) northeast of the Somalian capital Mogadishu and killed at least 10 Burundian peacekeepers and wounded 25 in heavy …
Read More »
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 …
Read More »
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 …
Read More »
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 …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
