Business

Kampala, Uganda |  THE INDEPENDENT |  Ugandans could see the value of their assets in the real estate industry, including land and houses decline as a result of the Coronavirus (COVID-19) disruption, Bank of Uganda has warned. This decline, the central bank says could be in double-digits meaning it could go …

KCCA PLAN 🔵 Register Boda Bodas and Taxis operating in the City 🔵 Creating a digital data base of those operating in the City 🔵 Gazette Parks, stages, routes and stops for taxis and Boda Bodas 🔵 Introduce route numbers and rout colors for all the taxis 🔵 Identification of drivers/riders …

    Finance Ministry measures  ➡ Delay payment of Corporation tax for Corporations & SME’s ➡ Defer payment of PAYE by sectors affected ➡ Capitalization of UDC ( 100bn) ➡Capitalization of UDB ( 1 trillion) ➡Funds for Emyooga (Boda bodas,Saloon operators,Artists) Kampala, Uganda | THE INDEPENDENT | The Ministry of …

Uganda agricultural earnings ✳ Coffee March-$45.87million April-$36.928m ✳ Tea March-$5.15m April-$6.145 ✳ Maize 🌽 March-$10.23m April-$6.256m ✳ Fish 🐠 March-$14.98m April-$6.831m Finance Ministry measures Post-Covid19 ➡ Delay payment of Corporation tax for Corporations & SME’s ➡ Defer payment of PAYE by sectors affected ➡ Capitalization of UDC ( 100bn) ➡Capitalization …

London, United Kingdom | AFP | Growing optimism about a swift global economic recovery pushed equity markets sharply higher Wednesday, as investors took heart from further easing of lockdowns while looking past China-US tensions and civil unrest across America. The upbeat mood — and hopes for an extension to a massive …

Kampala, Uganda |  THE INDEPENDENT |  Bus companies have revised transport fares ahead of their anticipated return on the road, two months after President Yoweri Museveni suspended public transport to contain the spread of COVID-19. The buses are set to resume operations tomorrow June 4 on condition that each vehicle carries …

The delay and postponement of 2020 AGMs means that the final dividend payment may not be paid on time Kampala, Uganda | ISAAC KHISA | Now Uganda’s listed companies have until July.30 to hold their Annual General Meetings and determine their future growth, according to Paul Bwiso, the Uganda Securities …

 The law seeks to allocate at least 40% of sub-contracts in public procurement to local companies Kampala, Uganda | ISAAC KHISA | For quite a while, Uganda’s entrepreneurs have been lagging behind owing to the stiff competition from big foreign firms. But this could soon come to an end following …

Hoima, Uganda |  THE INDEPENDENT |  SBC, the company contracted by the government to construct Hoima International Airport has laid off 160 workers.  The company said in a letter to staff that the decision to lay off the workers was in line with the government guidelines to control the spread of …

Manufacturers want government to continue footing the bill for due to coronavirus pandemic Kampala, Uganda | JULIUS BUSINGE | Uganda’s manufacturers now want government to continue footing the bill for the Digital Tax Stamps (DTS) due to the threat being posed by coronavirus pandemic (COVID-19) to businesses. DTS are markings …