Business

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 …

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. …

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 …

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 …

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 …

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 …

  Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has called for greater adoption of technology to boost tax collection across the continent. He said technology can help tax bodies like the Uganda Revenue Authority (URA) improve their records, and therefore know who and how much to tax. “For …

Kampala, Uganda | THE INDEPENDENT | The Minister for Energy and Mineral Resources Irene Muloni has refuted allegations that sh24 billion meant for the construction of a bridge at Isimba Dam was swindled. Last week, the Speaker of Parliament Rebecca Kadaga told MPs that the funds were embezzled by Ministry …

Kampala, Uganda | THE INDEPENDENT | Parliament’s Public Accounts Committee (PAC) has directed a forensic audit into a 2.2 million US Dollars World Bank project grant extended to the Finance Ministry. The 8.4 billion Shillings project was extended to the Ministry by World Bank’s multi-donor trust fund- the Energy Sector …

Airtel, Africell likely to face similar fate as government seek more revenue Kampala, Uganda | ISAAC KHISA | MTN Uganda might pay higher licence fees than had earlier anticipated following the regulator’s decision to introduce a new licensing regime. The Uganda Communication Commission, in its latest licensing framework, states that …