Petrol prices have jumped to Shs7,000 per litre from Shs4,000 in September, as the dollar climbs to Shs4,000 from Shs3,700 Kampala, Uganda | JULIUS BUSINGE | Uganda’s government is resisting broad fuel subsidies and artificial support for the shilling, a decision that could prolong pressure on households and …
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Kampala, Uganda | THE INDEPENDENT | Quarterly Review of the Performance of Uganda’s Financial Markets, with Catherine Kijjagulwe, Head of Trading at Absa Bank Uganda. ****** QUESTION: How did the shilling open the second quarter of the year? The shilling opened the second quarter of the year (April 2023) trading at the …
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Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority-URA is expected to collect 2 trillion Shillings in the next six days to hit the annual target. This was revealed by Ibrahim Bbosa, the URA Assistant Commissioner for Communication and Corporate Affairs. In this financial year, URA’s target was 25.5 Trillion …
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Kampala, Uganda | THE INDEPENDENT | Members of Parliament have disagreed with members of the Landlord and Developers Association over the currency of rent payment, with MPs standing their ground on the Uganda shilling. The association led by its chairperson, Godfrey Kirumira, had appealed to the Committee on Physical Infrastructure to …
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The Independent Uganda: You get the Truth we Pay the Price
