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Police Foil Robbery at KCB Bank

Jinja, Uganda | THE INDEPENDENT | Police has foiled a robbery at  Kenya Commercial Bank-KCB branch along main street in Jinja town. Police Spokesperson, Fred Enanga, says two private security guards attached to pinnacle security stormed the bank in the company of an unidentified person and put three bank staff at …

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UNBS confiscates sachet liquor filling machines

Kampala, Uganda | THE INDEPENDENT | Uganda National Bureau of Standards yesterday closed 167 sachet-filling machines belonging to at least 37 alcohol-manufacturing companies. “As a measure to enforce the government ban on alcohol sold in sachets, the Uganda National Bureau of Standards has closed over 167 sachet-filling machines belonging to …

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Good jump! URA surpasses target

Commissioner General Doris Akol outlines plans for the FY 2019/2020 Kampala, Uganda | JULIUS BUSINGE | Uganda’s tax collection grew at an impressive 14.9% above target to Shs16.6trillion in the last Financial Year, the fastest pace recorded in the last four years. Results released on July 15 shows that the …

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Fight over sugarcane business

President Museveni supports exports to Kenya  Kampala, Uganda | ISAAC KHISA | On June 11, President Yoweri Museveni held a closed door meeting with the sugarcane farmers in Busoga sub-region at the Jinja state lodge a head of his planned Operation Wealth Creation campaign. Among those who attended the meeting …

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Gov’t seeks to regulate cryptocurrencies – Ajedra

Kampala, Uganda | THE INDEPENDENT | The government is conducting research on virtual currencies with a view of regulating digital transactions. The currencies are online tenders through which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a …

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URA: Compliance, debt collection and fighting fraud yields sh383 bn

  Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s continued focus on compliance management, debt collection, customs enforcement and investigation of fraudulent schemes ensured the tax body saved sh383 billion in collections in 2018/19. Compliance initiatives yielded sh151.18 billion, debt recoveries brought in sh92.45 billion, customs enforcement had sh78.48 billion saved while investigations were …

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New by-laws target Ugandan architects

  Kampala, Uganda | JULIUS BUSINGE | All practicing architects in Uganda will have to fulfill the demands of the newly formulated and accented to by-laws if they are to have their licenses renewed. Speaking to about 100 architects gathering at a hotel in Kampala on July 18, Robert Kigundu, …

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