Angola becomes the 35th African member to join a global group that addresses offshore tax evasion, demonstrating the growing resolve of African governments to fight tax evasion and illicit outflows – including of natural resources and wildlife Luanda, Angola | BIRD AGENCY | Angola is on a mission to be …
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Kampala, Uganda | THE INDEPENDENT | A proposed ban on importation of powdered milk from Uganda has been suspended by the Kenyan government. “I’m happy to inform the country that by 5pm last evening we had received a communication from the government of Kenya informing us that the ban on importation …
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Kampala, Uganda | THE INDEPENDENT | BAT Uganda has called upon the Government to ramp up efforts to curb illicit trade in cigarettes, which it says is impacting the sustainability of its business. In its 2022 performance results, the company says it recorded a 6% revenue growth, to Shs99.5 billion. Profit …
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Kampala, Uganda | THE INDEPENDENT | Uganda and South Africa have eased tax procedures for exporters on both sides, aimed at enhancing the movement of goods between the two countries. During the South Africa Uganda Business Forum in Pretoria, the two countries’ revenue bodies signed a Mutual Recognition Agreement on Authorities Economic …
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London, UK | Xinhua | The United Kingdom (UK) and the European Union (EU) concluded on Monday a new post-Brexit trade arrangement for Northern Ireland. The agreement — dubbed the “Windsor Framework” — was struck over the Northern Ireland Protocol, aiming to ease the trading issues created by the Protocol. After …
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Pretoria, South Africa | THE INDEPENDENT | President Cyril Ramaphosa is set to host his Ugandan counterpart Yoweri Museveni for a state visit at the Union Buildings in Pretoria from 11am today. “The Republic of Uganda is South Africa’s 15th-largest trading partner on the continent and the second-largest in East …
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Trade Minister David Bahati reassures private sector of government support Kampala, Uganda | JULIUS BUSINGE | Routinely the cabinet, chaired by President Yoweri Museveni is deliberating on ways in which to further support growth of the private sector – an engine for Uganda’s economy. This was the general message the Minister …
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Uganda targets US$6bn in non-oil exports in next five years Kampala, Uganda | JULIUS BUSINGE | On Feb.22, the Ugandan business community were flagged off in preparation for the South Africa Trade Investment and Tourism summit, scheduled at the Gallagher Convention Center, Midrand, South Africa, from Feb.27-28. Organised jointly by the …
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Nairobi, Kenya | Xinhua | Kenya and Uganda have initiated talks for the opening of a One-Stop Border Post in Lokiriama in northwest Kenya to boost trade and open up the far-flung area, the Interior Ministry said Monday evening. Kenya’s Interior Principal Secretary Raymond Omollo said the border post would enhance …
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New report sheds light on illicit activity in Uganda Kampala, Uganda | RONALD MUSOKE | A new report analysing the scope and characteristics of global trade-based money laundering has found that the illegal activity poses complex problems for law enforcement and undermines development; especially in poorer countries like Uganda. The study, …
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The Independent Uganda: You get the Truth we Pay the Price