Kiruhura district authorities have put the district under total quarantine again over the increased spread of Foot and Mouth Disease (FMD). Kiruhura district has had foot and mouth Disease since December 2020. The disease started from Kiruhura town council but has now continued to spread to the whole district despite the effort put forward by…
Members of parliament on the budget committee has blocked a proposed Shs490bn budget requested by the Ministry of finance to eradicate poverty among households at the parish level across the country. Appearing before the committee, Finance minister, Matia Kassaija said the money is needed to promote inclusive and sustainable growth through effective implementation of the…
Equity Group Holdings (EGH) has signed a USD $100 million loan (Ksh 11 Billion) facility to support its expansion across Eastern and Central Africa, enhancing its ability to serve small and medium enterprises (SMEs as it grows. In addition to operating in 7 African countries – Kenya, Rwanda, Uganda, South Sudan, Tanzania, the Democratic Republic…
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…
Former employees of Crane Bank Limited (CBL) which was fraudulently taken over by Bank of Uganda (BoU) and later sold on phone have again dragged DFCU on behalf of 700 others to the High Court to compel production and inspection of several documents hitherto with held by DFCU Bank Ltd. This comes after High Court…
Uganda’s business magnate and investor Dr. Sudhir Ruparelia, possibly the country’s most charismatic businessman is the chairman of Ruparelia Group, one of the top taxpayers in Uganda. The Nepal consul in Uganda and a symbol of financial success on the East African land has been sharing tidbits of his success journey, which is peppered with…
Many business people ask Ugandan billionaire Sudhir Ruparelia how he made his fortune. It is a question he is accustomed to answering. Sudhir, possibly the country’s most charismatic businessman is the chairman of Ruparelia Group, one of the top taxpayers in Uganda. The businessman who rose from a taxi driver to being listed among Africa’s…
Finance Minister, Hon. Matia Kasaija, has tabled proposals for the new tax laws, which will see motor vehicle owners part with an annual license fee paid by 31st of January. The Traffic and Road Safety Act (Amendment) Bill, 2021 seeks to impose, under clause 14.A, a license to permit ownership of “a motor vehicle, trailer…
Easter Day is just around the corner and La Cabana Restaurant has got you covered with a food fest themed ‘La Cabana Easter Roast on Sunday 4th April.’ This website has learnt that La Cabana Restaurant, Kampala’s premium and ritzy churrasco grill restaurant, will this Easter Sunday serve a rich menu giving you a touch…
Last month, the Ruparelia Group, unveiled Bukoto Living, 9-floor condominium homes project – altogether, 27 homes in a 2-3-4- and 5-bedroom configuration, in Bukoto, Kampala. The affluent suburb of Bukoto and the surrounding Naguru, Ntinda is a mixed residential and commercial areas, with a large number of small businesses, NGOs, supermarkets, hospitals, schools and upscale…
