Business - Page 90

TOP STORY! East African Neighbours Chart New Trade Frontier in Kampala Summit

The Uganda–Tanzania Trade Mission 2025 officially commenced, bringing together senior government officials, private sector leaders, and development partners for a week-long engagement focused on enhancing bilateral trade, eliminating barriers, and unlocking regional economic opportunities. The high-level trade mission was launched under the

April 12, 2025

Business·Crime·News

URA Busts Yaket Mineral Water Fraudsters Flouting Digital Tax Stamps In Covid-19 Lockdown

The URA Domestic Taxes Enforcement Unit, working on solid intelligence moved in on Yaket International Limited, the manufacturers of Yaket Mineral Water and found the company producing and packaging unstamped water at their premises in Gayaza. The enforcement team also established that

April 14, 2020

Business·News

Crane Mgmt Rubbishes Fake Circulating Rent Demand Notice

The Managing Director of Ruparelia Group Businessman and City Tycoon Rajiv Ruparelia has dismissed with contempt a fake demand notice making rounds on social media that property firm, Crane Management Services (CMS), has issued any demand notice or reminder to its tenants.

April 13, 2020

Business·News

Tycoons Count Losses As Lake Victoria Evades Speke Resort, Gaba Beach and Serena Hotel Kigo

Have you ever wished to go basking in the sun or play soccer at your favourite beach only to find it submerged in water? Lake Victoria has burst its shoreline and the impact of the ever rising water levels is bringing more

April 13, 2020

Business·News·Tech

Covid-19: MTN Uganda Introduces Curfew Night Call Bundle For Only Shs100

MTN Uganda has aannounced an exciting promotional offer that will enable customers to make calls and stay in touch with friends and family between 10pm and 8am in the morning for as low as only Shs100 from 10pm to 8am. The offer

April 11, 2020

Business·News

COVID-19 Crisis: East Africa’s Richest Tycoon Dr. Sudhir Gives Advice On Entrepreneurial Ethics and How To Save The Economy

By: Dr. Sudhir Ruparelia Kampala: We are entering into recession period globally and the exception is likely to be India and China with ~2% GDP growth in 2020 which is way below ~5 – 8% in the past several years. For the

April 10, 2020

Business·News

M7 Unveils First Prototype African Firefighting,Pest Control Tanker

President Yoweri Kaguta Museveni on tuesday unveiled Uganda’s first prototype tanker and pest control sprayer designed for all terrain situations . The truck was made by a manufacturing section of the National Enterprises Corporation ‘NEC’ under the ‘All Terrain Fighting Project’ in

April 8, 2020

Business·News

Jeff Bezos Tops Forbes List Of World’s Billionaires, Again

By Agencies Not even a nearly $40 billion divorce can topple Amazon (AMZN) founder and CEO Jeff Bezos from being the world’s richest person. For the third year in a row, Bezos landed the top spot on Forbes’ rank of global billionaires. His net worth fell $18 billion

April 8, 2020

Business·Health·News·World

World Bank Donates Shs57 Billion In Fight Against Covid-19 Pandemic

The World Bank Uganda office has donated Uganda Shillings 57bn (USD 15m) towards the country’s fight to the spread of coronavirus. The money according to Antony Thompson, the World Bank Uganda Country director, will be re-allocated from the Reproductive Maternal and Child

April 4, 2020

Business·News

The Bill Is Inequitable! Meera Investments Petition Finance Min. Over 2020 Proposed Tax Amendments

The management of Meera Investments Limited has petitioned finance minister opposing some of clauses in the proposed Tax Amendments Bill, 2020. The Ministry of Finance, Planning and Economic Development tabled before Parliament five bills, which include; Excise Duty Amendment bill 2020, Value

April 4, 2020

Business·Health·News

Covid-19 Budget: How Gov’t Will Spend Shs304 Billion

Government has budgeted to spend Shs304.5 billion in combating the Covid-19 pandemic. Out of the total budget, Health will get the largest share, followed by Security and Disaster management. Others that will benefit from the budget are the local governments, Kampala City

April 3, 2020

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