Browsing: Business

In Hot Soup: URA, UNBS Deny Aiding Smuggle Of Kenyan Kay Salt Into Uganda As Investigations Bite

Officials from the Uganda Revenue Authority (URA) and the Uganda National Bureau of Standards (UNBS) have come under the spotlight after being accused of allegedly abetting the smuggling of Kenyan salt into Uganda. This website last week published an investigative article in which we revealed how salt known as ‘Kay Salt’, which is branded ‘For…

SPREAD THE STORY

Hamis Kiggundu: Our Banking System Needs Reform Otherwise It Will Impoverish All If Us

By Hamis Kiggundu Why do Ugandans come to banks rich with properties they pledge as securities and leave poor? Does it imply that all Ugandans are poor business Managers? Or the problem is with the System? My arguments on the call for banking reforms were specifically based on facts, reality within realistic current prevailing circumstances…

SPREAD THE STORY

LOLC Finance Uganda Launches Digital APP

The threat of economic downturn caused by the Coronavirus pandemic has forced companies to devise means of survival. One of such company is Light Over Light Capital (LOLC) Finance Uganda which has gone into launching phone applications to alleviate the difficulties faced by farmers and business people in rural areas. The Company yesterday launched this…

SPREAD THE STORY

Gov’t Threatens To Suspend Public Transport To Slow Spread Of Coronavirus

Government has threatened to halt public transport for failure to adhere to standard operating procedure (SOPs) peddled at curbing the spread of Covid-19 pandemic. According to the minister of works and transport, Gen Katumba Wamala, passengers, boda-boda cyclists and taxi operators are undermining SOPs which include; wearing face masks, sanitizing, keeping social and overloading. “Fellow Ugandans, it…

SPREAD THE STORY

Am Surprised! Kay Salt Isn’t Supposed To Be On Ugandan Market, They’re Abusing Our Brotherly EAC Inter-Trade Protocols – UNBS Boss Manyindo Warns Salt Smugglers

For the very first time since March 2020 when the smuggling of Kenyan salt brand with ‘FOR SALE IN KENYA ONLY’ inscription intensified, Uganda National Bureau of standards (UNBS), the Government’s regulatory Agency responsible for enforcement of quality, standardization and assurance, and Uganda Revenue Authority (URA), another powerful Gov’t agency responsible for enforcement of tax…

SPREAD THE STORY

Umeme Seeks Review Of Free Electricity Connection Policy

Uganda’s Power Distributor, Umeme Limited has proposed a revision of the Electricity Connections Policy (ECP) to allow capable customers shoulder the full payment for connection since government ran short of funds for the policy. Speaking during a briefing organised by the power distributor, Mr Selestino Babungi, the Umeme managing director, said the energy sector is…

SPREAD THE STORY

Investigation: URA, UNBS On Hot Spot For Allowing Smuggled Kenyan Salt Into Uganda

The Uganda Revenue Authority (URA) and Uganda National Bureau of Standards (UNBS) are on spot for allegedly abetting and or colluding with businessmen who are smuggling tonnes of Kenyan salt into the country and reaping abnormal profits after evading taxes worth hundreds of millions of shillings. Our sources reveal that licensed dealers of salt in…

SPREAD THE STORY

‘You Must Pay COVID-19 Rent Arrears’- Gov’t Chief Whip Nankabirwa Tells Traders As Landlords Lock Shops

Government Chief Whip, Ruth Nankabirwa has advised Ugandans to forget about not paying their rent arrears for the months the country was under lockdown. She instead promised to ask government to come up with an affordable credit facility which can help the tenants to overcome the challenges of the COVID-19 pandemic. This is after Speaker…

SPREAD THE STORY
1 76 77 78 79 80 98