Thursday , November 21 2019
Home / Business

Business

Business news

Population data, demographic dividend and tax collection key for Uganda’s economic growth

COMMENT | Ndereya Besi | This week, Uganda plays host to two African conferences. First, the 8th African Population Conference (APC) and the 4th International Conference on tax in Africa. APC is organized in conjunction with National Population Secretariat and supported by the Union of African Population Council in conjunction with United Nations Fund …

Read More »

The big Fintech opportunity

New law to facilitate trade and digital payment systems Kampala, Uganda  | JULIUS BUSINGE | Fintech offers enormous opportunities such as improving service delivery, provision of employment opportunities and boosting financial inclusion for the unbanked to the developing economies. It is therefore important that the innovations are appreciated, according to …

Read More »

NSSF proposes to manage national health insurance scheme

Kampala, Uganda | THE INDEPENDENT  |  The National Social Security Fund (NSSF) has shown interest to collect contributions for the National Health Insurance scheme. The National Health Insurance Scheme Bill 2019 is meant to introduce a Universal Health Care to improve health outcomes and expand access to essential health care services …

Read More »

UCC speaks out on data expiry

The recent announcement by Kenya’s leading telecom firm, Safaricom, to introduce ‘no expiry data’ tariff plans contrary to the global practice in the provision of mobile data services has given Uganda Communication Commission a new task. Kampala, Uganda | ISAAC KHISA | This task is about determining whether or not …

Read More »

Govt expects FID in early 2020

Uganda woos new oil investors in Cape Town Kampala, Uganda | RONALD MUSOKE | Despite the current stalemate in the local oil and gas industry, the government remains optimistic that the joint venture oil companies involved in commercializing Uganda’s petroleum resources will reach a final investment decision before April, 2020. …

Read More »

Bidco laborers protest poor working conditions

Jinja, Uganda | THE INDEPENDENT  |  More than 1000 casual laborers attached to Bidco Uganda Limited-BUL in Jinja district laid down their tools on Tuesday protesting poor working conditions. The striking workers claimed that they are forced to work overtime without bonuses, adding that their complaints fell on deaf ears. Jordan …

Read More »

Stanchart to serve coffee in banking hall

Kampala, Uganda | THE INDEPENDENT  | An expresso in the banking hall! Standard Chartered bank has partnered with Endiro Coffee to serve its customers at the main branch with a cup of coffee whenever they go to transact business. The arrangement named “coffee banking” will be a first for a bank …

Read More »

Physical address for tax assessment no longer make sense-URA

Kampala, Uganda | THE INDEPENDENT  | It no longer makes sense to compel companies to provide a physical address for tax assessment when several are minting money without offices, the Commissioner General of Uganda Revenue Authority-URA, Doris Akol has observed. Akol, who was addressing tax administrators from African states at Serena …

Read More »

South Sudan officials extort UGX 5M from Ugandan farmers

Lamwo, Uganda | THE INDEPENDENT  |  South Sudan officials have extorted up to Shillings 5.7 million from Ugandan farmers in Lamwo district to access their farmland since July this year, an investigation by security has revealed. The investigations show that 35 farmers from the district fell victim of extortion to access …

Read More »