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Business - Page 46

URA To Clamp Down On Container Agents Exploiting Small Traders

The Uganda Revenue Authority (URA) has announced a firm stance against exploitative practices by intermediaries commonly known as container leaders, who are accused of manipulating small and medium-sized traders through inflated fees, delayed shipments, and deceptive customs processes. This declaration came during
May 9, 2025

UNOC To Retain Funds From Petroleum Products Sale

The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, 2021. The amendment guarantees UNOC access the proceeds from the sale of
December 16, 2021

Uganda Engages Kenya Over Ban Of Poultry Products

Government has intervened in the ongoing impasse between Kenya and Uganda over importation of the latter’s poultry products. The ban is the most recent in a series of trade embargos that Kenya has slapped on her neighbours. Kenya has in recent times
December 15, 2021

Ben Ssebuguzi: NEMA Should Use Diplomacy On Investors

By: Ben Ssebuguzi Entebbe: Recently, media was awash with National Environmental and Management Authority (NEMA) allegations that Ruparelia group, an investment group which is the leading in hospitality sector in Uganda, was involved in the abusing of the environment in their bid
December 14, 2021

Central Bank Worried About Delays In Financial Sector Amendments

Bank of Uganda is seeking the intervention of Parliament to ensure that regulations regarding governance and supervision of the financial sector are given urgent attention. The bank officials made the proposal while meeting MPs from different committees of parliament on Friday. Led
December 12, 2021
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