Browsing: Business

ICT Minister Decries Lack of Funding For UBC, National Guidance Directorate

The Minister of Information Communication Technology (ICT) and National guidance Judith Nabakooba has decried a lack of funding for national guidance and Uganda Broadcasting Corporation (UBC).   The minister made remarks while meeting the Parliamentary ICT Committee. She noted that the Directorate of Information and National guidance cannot be un-funded, because they are the gist of…

UNBS Employees Cautioned Against Corruption, Unauthorized Releases

The Uganda National Bureau of Standards (UNBS) has cautioned clearing agents and consolidators against unauthorised releases and corruption tendencies, which frustrate UNBS efforts of curbing substandard imports on the market. The remarks were made by the UNBS Imports Inspection Manager, Mr Martin Imalingat, during a sensitization meeting with clearing agents and consolidators held at the Entebbe International Airport. “A good number of clearing…

Premier Recruitment Sensitization Campaign Registers Success, Thousands Registered As Leaders Hail Sudhir for Employing Ugandans Abroad

Uganda’s fast-growing recruitment company, Premier Recruitment Ltd launched a sensitization campaign about labour externalization last week which was hugely received and embraced by western Uganda. The tour which kicked off last Thursday with a staff induction session at their Mbarara regional office along Kakoba roundabout and ran throughout the entire weekend attracted huge numbers from…

Two Years Later; Government Yet To Punish BoU Officials Over Irregular Closure of Seven Commercial Banks

The government of Uganda has not yet taken punitive action against Bank of Uganda (BoU) officials for the closure of seven commercial banks two years after the recommendation was made by Parliament. In 2019, Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises (Cosase) recommended that senior BoU officials be individually held responsible for the…

Land Agents In Trouble For Forging Tycoon Sudhir Signature To Acquire Loan Of Over $50m

Atleast three land dealers are in trouble for forging signatures of property mogul Dr. Sudhir Ruparelia as legal documents purportedly drawn by Nangwala and Rezida Advocates to rob millions from money lenders. The alleged land agents are Quillino Bamwine, Ronald Ndyareeba and Sam Mubiru. “Whereas the principal has already finalised the principles for the sale…

‘Why Can’t You Let Ugandans Breathe?’-Finance Committee Roars As It Dustbins Shs 200,000 Annual Car License

Parliament’s finance committee has rejected the 200,000 Shillings license on cars and 50,000 Shillings for motorbikes. thecapitaltimes.co.ug has learnt. Last week, the minister of Finance, Matia Kasaija tabled tax measures seeking to make amendments to a number of bills including, Excise Duty Act, External Trade Act, Fish Act, Income Tax Act, Mining Act, Stamp Duty…

1 2 3 35