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…
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…
The Uganda Human Rights Commission has asked government to amend the law introducing Over the Top tax and suspend it during the electoral period in order to make internet more affordable and accessible. Dr. Katebalirwa Amooti Irumba, the acting chairman of the commission told journalists today that it is necessary to scrap the tax in…
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…
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…
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…
By Ronnie Mukundane Labour externalization was, until the spread of Covid-19 across the globe, one of the fastest growing sectors and was providing employment opportunities to thousands of Ugandans across the Middle East and other parts of the world. To date, there are more than 165,000 Ugandans who are gainfully employed in the Middle East…
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…
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…
Parliament of Uganda has approved Shs868b for the construction of a host of roads around the country. The roads are Namugumba – Budadiri – Nalugugu (29km), Katuna – Muko -Kamuganguzi road (104km) and Laropi – Moyo – Afoji (Sudan border) which is 37km. Making a case for the loan, the Vice Chairperson of the Committee…
