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Hima Cement and Xente in Partnership

NEWS BRIEFS:  Hima Cement on October 21st announced a partnership with Xente Tech Ltd, a Payments, Ecommerce & Financial Services Company to ease online shopping of Hima and bonastore range of products. Xente is an online app offering digital products like Airtime, bill payments, movie, event & bus tickets and …

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Uganda reviewing double taxation agreements to stop tax leakages

  Kampala, Uganda | THE INDEPENDENT | Uganda has started revising double taxation agreements it has with developed countries to plug tax loopholes that many corporations have been using to evade taxes. Double taxation agreements govern which country has the right to tax corporate profit when a company has subsidiaries …

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Liberian central bank governor resigns

Monrovia, Liberia | AFP |  Liberian central bank chief Nathaniel Patray has resigned, the president’s office said Friday, after a year of controversy over his handling of the country’s monetary policy. Liberian President George Weah “has accepted the resignation of Central Bank of Liberia (CBL) Governor, Nathaniel R. Patray,” a …

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Collective investment scheme assets hit Shs173bn

  The industry still grapples with limited awareness, inadequate skilled labour Kampala, Uganda | ISAAC KHISA | Assets held in Collective Investment Schemes (CIS)  that includes savings and credit cooperative societies, local individuals, investment clubs, institutional investors and local companies in Uganda, has increased sharply over the last six years …

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Households’ production of millet, beans falling – UBOS

Kampala, Uganda | THE INDEPENDENT  |  Farming households in Uganda are increasingly staying away from growing millet and beans, with the yields of both crops dropping since 2008, Uganda Bureau of Statistics has shown. Instead, the households are turning to cassava, maize, and bananas. These revelations are contained in the annual agricultural …

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