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 …
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Analysts say the proposed budget should focus on key sectors that support revamping the economy Kampala, Uganda | ISAAC KHISA AND JULIUS BUSINGE | Over the past six weeks, Uganda has been in a total lockdown. Shops, except pharmacies and agro vets, had been shut. Transport paralysed. Hotels switched …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | Centenary Bank General Manager in charge of financial markets Benoni Okwenje says the Uganda shilling trading with other foreign currencies’ especially the US dollar will largely remain unchanged in the week that starts tomorrow. In a notice dated April 24, Okwenje said: …
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Kampala, Uganda | THE INDEPENDENT | Julius Businge | Expenditure for the new budget should mainly focus on key sectors that must support revamping of the economy, according to civil society organisations under their umbrella group, Civil Society Budget Advocacy Group (CSBAG). In a joint statement dated April 20, the group …
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Kampala, Uganda | JULIUS BUSINGE | As world leaders continue to implement measures for fighting the spread of coronavirus pandemic, analysts say social distancing is key but people should ensure they remain connected. “In these challenging and unprecedented times there has never been more need to reach out,” said BCW (Burson …
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Kampala, Uganda | JULIUS BUSINGE | A group of civil society organisations under their umbrella organization, Civil Society Budget Advocacy Group (CSBAG) have written to President Yoweri Museveni on the ‘controversial’ giveaway of Shs10bn to Members of Parliament to fight the spread of the coronavirus pandemic. The general message in the …
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Kampala, Uganda | JULIUS BUSINGE | Simba Automotives, a subsidiary of Shumuk Group of Companies has donated three motorcycles and a motorcycle ambulance to the government of Uganda worth Shs50million towards the fight against the spread of coronavirus pandemic. The donation was received by the Minister of Health Dr. Jane …
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Performance is attributed to increase in electricity demand, cost reduction Kampala, Uganda | JULIUS BUSINGE | Shareholders of power distributor, Umeme Limited will not go home with nothing in their Annual General Meeting slated later in the year as the company recorded a slight increase in net profit from Shs132bn …
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Looming project will promote financial inclusion and economic prosperity Kampala, Uganda | JULIUS BUSINGE | Financial institutions are carrying out a study to inform potential investors about the viability of doing business in refugee settlement areas and host communities. Equity Bank, Financial Sector Deepening Africa, Financial Sector Deepening Uganda and …
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It is targeting one million people in key economy sectors Kampala, Uganda | JULIUS BUSINGE | Small and medium businesses in northern Uganda now have a big opportunity to exploit from a Shs57bn new project that aims to use information technology tools to offer services for the next five years. …
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