Dry tests at the Teso Fruit Factory in Soroti indicate it will finally be ready for launch before the end of this year. Trade Minister Amelia Kyambadde, members of the Board of Uganda Development Corporation (UDC), Leaders of Teso Region, farmers and other stakeholders toured the factory on Wednesday 16th May 2018 and were shown the […]
Parliament has passed the Tax procedures code amendment Bill 2018. The Bill provides for the manner in which tax returns are to be furnished to the Revenue Authority. It also requires licensed persons in the business of casinos, lotteries and gaming to furnish weekly and monthly returns in order to manage risk as payouts are done […]
Following the cruel and inhumane treatment of animals, African governments and people have been asked to enact proper legislation in order to ensure animal welfare in their representative countries. This was during the world’s marking of the International Day for Biological and Biodiversity under the theme celebrating 25 years of action for biodiversity. The Director […]
Uganda Investment Authority has noted an increase in the number of Ugandans investing in their own country. Giving a quarterly report on the licensed projects for the last 9 months, the authority’s investment director, Lawrence Byensi said out of the targeted 225 projects for this financial year, the authority has seen 193 projects registered which represents […]
Hima cement and its partner suppliers Lafarge have been asked to compensate former child laborers who used to work in the Lafarge stone quarry in Harugongo Kabarole district. Addressing journalists together with the human rights network, the team leader Tweraneho listeners club, Gerald Kankya said it was timely to compensate and support these children for the […]
The Chinese government has asked government has asked policy makers in the country to ensure more resources are allocated to develop the agriculture sector. The Chinese Ambassador to Uganda Zheng Zhugiang said, although government is focusing on developing the industrial sector, the agricultural sector must not be ignored. He said the agriculture can provide employment […]
Members of Parliament on the finance committee have opposed government’s proposal to tax Saccos and individuals engaged in agriculture. The proposals that also include a ban on importation of vehicles older than eight years are contained in tax bills for the financial year 2018/2019. The eight tax bills, which are being considered by the Parliament […]
Uganda plans to slap a new tax on social media users from July to raise revenue, which human rights activists denounced as another attempt by President Yoweri Museveni to stifle freedom of expression and quash dissent to his 32-year-rule. The move is unlikely to go down well in a country where more than 40 […]
The National Chamber of Commerce and Industry’s invisibility has raised concern among members of parliament. The Vice Chairperson of the parliamentary Trade committee who is the woman member of parliament for Apac district, Betty Engola, while meeting the private sector foundation Executive Director, Gideon Badagawa, questioned why the Uganda National chamber of commerce and industry […]
Bank of Uganda has acknowledged a more positive Economic growth outlook in Uganda than it was forecasted in the February monetary policy committee meeting. While releasing April monetary police statement today, the governor bank of Uganda Prof. Tumusiime Mutebire said that Uganda’s economic growth is projected to grow by 6.5% in the next three years. He said […]