Government has started a registration exercise for all Small and Medium Enterprises operating informally across the country, with a total of 157 registered in the last three months. The 5th 2009/10 informal sector survey conducted by the Uganda Bureau of Statistics indicates that there over 1.8 million informal businesses in the country This was revealed by […]
The Ministry of Trade, Industry and Cooperatives and Financial Sector Deepening Uganda have signed a Memorandum of understanding to facilitate the growth of the Micro Small and Medium Enterprise (MSME). This Memorandum of Understanding aims to strengthen the Micro Small and Medium Enterprise (MSME) sector in Uganda by collaborating with the Ministry to increase capacity […]
The Ministry of Agriculture, animal industry and fisheries has urged local governments to empower community to reduce on hunger experienced to some areas of Uganda in last months. The Minister of state for agriculture, animal industry and fisheries Kibanzanga Christopher said this while officiating at the annual general meeting of Uganda local governments association ULGA […]
As farmers return to garden and are reporting army worm, government says that the army worm to stay in farmers gardens for some time as the researchers are developing scientific biological methods to deal with the persistent army worm. The minister of Agriculture Vincent Bamulangaki Sempijja said that as government intensifies ways of stopping army […]
Members of Parliament sitting on the Committee Commissions, Statutory Authorities and State Enterprises have demanded liquidation and non-performing assets status reports of the defunct banks. The five defunct banks include Cooperative bank, Green land bank, International credit bank, Global trust bank and National bank of commerce. The committee chaired by Abdul Katuntu noted that although […]
Members of Parliament sitting on the Parliamentary Committee of Trade and Industry have accused some Uganda Revenue Authority (URA) whom they say connive with some new sugar factories to help them evade taxes. The Committee Chaired by the MP for Fort Portal Municipality, Alex Ruhunda, while interfacing with the officials from the URA and Uganda […]
Bank of Uganda Governor, Emmanuel Tumusiime Mutebile, has once again come out to reject government’s policy commonly referred to as Buy Uganda Build Uganda (BUBU) saying the country risks jeopardizing its success in exporting to regional markets through such protectionist trade policies. Mutebile said this in a speech read on his behalf at the ongoing […]
The Uganda Coffee Development Authority (UCDA) has revealed that the production of coffee in the country has drastically increased over the past one year. Addressing journalists at the media center ahead of the country’s first coffee competition auction, the Director Quality and Regulatory Services at the Authority, Edmund Kananura, said last year alone over 4.3M […]
Government has been challenged to create a clear framework to manage foreign direct investments in the country rather than do away with tax incentives to potential investors. According to an international tax expert, Logan Wort, tax incentives given to investors are wasteful because they make the country lose more revenue, thus crippling the economy. However, […]
MTN has revealed that it will switch off unregistered customers even before the government’s deadline of 30th August 2017. The announcement comes as the deadline for simcard registration extended by government in April this year clocks down to only 9 days. This was revealed by the MTN chief executive officer, Mr.Wim Vanhelleputte, while appearing before […]