Finance

Government asked to intervene in view of exorbitant fare charges by Kenya Airways

Government asked to intervene in view of exorbitant fare charges by Kenya Airways

Jinja West member of parliament Moses Balyeku has called upon government to intervene in the situation where Kenya airways exploits Ugandans by charging high travel costs despite Kenya being a member of the East African Community. This while presenting a matter of National concern at the floor of parliament this morning where he explains that the […]

MTN downscales in South Sudan

MTN downscales in South Sudan

MTN has noted that it has faced losses in their South Sudan unit. The South Africa-based multinational mobile telecommunications company, operating in 17 African countries had its officials in the East African country note that “We have made losses since we started operating in 2011” – This was a statement by MTN Sudan‘s head of […]

UYONET holds 3rd graduation ceremony

UYONET holds 3rd graduation ceremony

Youth from different parts of the country under the hospice of Uganda youth network (UYONET) have graduated in transformative, extemporary leadership skills which they will use in societies they live in to cause change. Speaking at the 3rd graduation ceremony, the former chief justice and chairperson for the national elders forum, Justice James Ogoola challenged leaders […]

CSOs call for transparency in taxation

CSOs call for transparency in taxation

Civil Society Organizations have asked Uganda Revenue Authority to exercise total transparency and equity when taxing them. Speaking at a dialogue between URA and Civil Society, the executive director Anti-Corruption Coalition Uganda Cissy Kagaba said URA is being used to restrain organizations that are critical of government. She said that some of the taxes levied on these […]

Health minister calls for intervention to curtail brain drain

Health minister calls for intervention to curtail brain drain

The minister of Health Dr. Elioda Tumwesigye says that government should have an intervention to cut on the number of health experts running abroad for better pay. Dr. Tumwesigye says that the ministries of public service and finance should speed up the law establishing the salaries remuneration board that will remunerate health experts in a better […]

President Museveni’s trip to Germany to boost trade, investment opportunities

President Museveni’s trip to Germany to boost trade, investment opportunities

President Yoweri Museveni arrived in the German Capital, Berlin for a two-day working visit to boost trade and investment opportunities for Uganda. During the visit the President will be guest-speaker at the German-Africa Business Day 2016. The President, who made his maiden visit outside the country after his re-election, was received at Tegel North Military […]

Rwanda ranked most prosperous country in East Africa

Rwanda ranked most prosperous country in East Africa

The Republic of Rwanda has been ranked as the most prosperous in the East African region. Legatum Institute yesterday June 1st 2016 launched their 2016 Africa prosperity Report. An international think tank and educational charity focused on promoting prosperity, the institute researches core themes of revitalising capitalism and democracy. The report released considered eight economic and […]

IGG sets sights against money launderers

IGG sets sights against money launderers

The Inspectorate of Government has signed a memorandum of understanding with the finance intelligence authority with an intention of teaming up to fight money laundering in Uganda. This follows recent enactment of the Anti-money laundering act which created this authority to fight money laundering in Uganda. Addressing a joint press conference at the IGG’s office, the Executive Director Finance Intelligence […]

WHO tasks Uganda on global branding of tobacco products

WHO tasks Uganda on global branding of tobacco products

The World health organization is tasking Uganda to fully implement the plain packaging of all tobacco related products to ensure that consumers are totally protected and kept in the know on the dangers that come along when they continue consuming tobacco products as well as protecting the young from the habit. According to the WHO […]

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