Tag Archives: Digital

Johnson insists US digital giants must be taxed ‘fairly and properly’ Biarritz, France | AFP |  British Prime Minister Boris Johnson on Saturday said that US digital giants needed to be taxed “fairly and properly” in a growing dispute with the United States over taxing the likes of Amazon, Apple, …

Washington, US | THE INDEPENDENT | The African Export-Import Bank (Afreximbank) is working, with the support of African Union (AU), to create a digital ecosystem that will eliminate the major bottlenecks to trade finance flows within Africa, Bank President Prof. Benedict Oramah has announced in Washington D.C. Delivering an address …

SICPA embroiled in fraud cases in various countries Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan government has bowed to pressure from manufacturers and decided to put on hold the introduction of Digital Stamps intended to plug revenue leakages. This follows a series of meeting between the Minister of Finance, Planning and …

Paris, France | AFP | France will push ahead with its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said Monday, as the European Union struggles to finalise a new EU-wide levy. France has been driving hard for a new so-called “GAFA …

Kampala, Uganda | THE INDEPENDENT | Ugandan manufacturers want Uganda Revenue Authority (URA) to explain what the DTS would achieve if a manufacturing sub-sector has no counterfeits. They want URA to show if the DTS will increase revenue collection and compliance considering that the formal manufacturers are already compliant, and show …

Kampala, Uganda | ISAAC KHISA | Patrick Adengo is the Managing Director at the Stalworth Consulting Group, LLC. He spoke to The Independent’s Isaac Khisa about the company operations and digital and technology sector related issues. How would you describe Stalworth Consulting Group, LLC? Stalworth Consulting Group (SCG) is a management and strategy consulting firm …

Kampala, Uganda | THE INDEPENDENT | Government Spokesperson Ofwono Opondo has revealed that come 2019, the country will start issuing e-pass ports, a move by the East African Community states to move from machine readable passports to digital versions. While the old passport has been costing the country Shs150, 000, …

Kampala, Uganda | JULIUS BUSINGE | Experts in agriculture and information technology want farming communities to be supported through digital tools such as phones as a mechanism of encouraging them not to leave agriculture. The tools such as phones are popularly being used as avenues to facilitate communication and payments to …

Kampala, Uganda | THE INDEPENDENT | Customers of Standard Chartered Bank are experiencing new service of a full-fledged digital bank recently opened in Ntinda, a Kampala suburb. The Bank’s Managing Director, Albert Saltson, said the new digital branch, located at the Vivo Energy Petro Service Station and fully equipped with digital …

Washington, US | THE INDEPENDENT | The International Monetary Fund is seeking a leading role in rallying the world’s central banks to get ahead of digital money and crypto currencies in the global financial system. The IMF Managing Director, Christine Lagarde, wants authorities to “distinguish between real threats and needless …