The Ministry of Finance, Planning and Economic Development has asked its security to ensure that all uninvited visitors present Covid-19 certificates before accessing the premises.
Category: Business
Shoprite fires 115 staff, closes second store in four months
Africa’s largest supermarket chain Shoprite Holdings will lay off 115 workers and close its second branch in Kenya in less than five months, citing reduced
Nadine Byarugaba appointed Absa board chair
Absa has appointed Ms Nadine Byarugaba as the substantive board chairperson.Before her appointment, Ms Byarugaba has been acting in the position for close to a
Legislators Reject Govt Plan To Tax Rent, Wealth
Kampala – Lawmakers and taxpayers have accused the new Uganda Revenue Authority commissioner-general, Mr. John Musinguzi Rujoki, of attempting to increase taxes on the back
URA rolls out e-receipting, invoicing system
The Uganda Revenue Authority (URA) will be rolling out the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) to provide electronic tax solutions beginning July 1.
China to cancel interest-free loans to African nations
China will cancel interest-free loans to African countries that are due to mature by the end of 2020, President Xi Jinping has announced. He told
Covid-19 hits bank lending rates in East Africa
Central banks in East Africa have been cutting interest rates to encourage businesses to borrow, but the strategy is not working. Companies are holding back
Technology holds key to the future of banking – Absa MD
As digital transformation continues to reshape the banking sector, the Managing Director of Absa Bank Uganda, Mumba Kalifungwa has said the future of banks in
Coffee quality not affected by heavy rains – UCDA
The Uganda Coffee Development Authority (UCDA) has dismissed rumours that the county’s coffee quality has been affected by the heavy rains. Last month, there were
Museveni gives word on UNRA Resignations
President Yoweri Museveni has for the first time spoken out on the recent huge changes at the tax collector, the Uganda Revenue Authority (URA) that