Finance
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1.5KOver seven million Ugandans evading taxes: URA
Speaking during the post-budget conference in Fort Portal, Julius Nkwasire, the Assistant Commissioner of Customs said about 7 million people are in...
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1.2KHigh fuel prices drive cars off roads
There’s a noticeable let-up in traffic jam on major city roads during rush hours. Some of the known pain points are navigable...
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1.4KMid-term access slows down NSSF projects
The Fund’s cash availability has reportedly been affected by the implementation of the mid-term access to benefits, that started earlier this year.
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884Government to protect Sacco savers’ deposits
The SACCO Savings Protection Fund is aimed at mainly compensating the savers once a SACCO goes bankrupt or fails to pay its...
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1.4KBALUNYWA: Increasing govt regulations hindering growth of small businesses
While speaking to SME owners at Onomo Hotel during a forum commemorating World Medium, Small and Micro Enterprises (MSMEs) day, which is...
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740Karamojong clerics join campaign against sale of crude alcohol
On May 16th, 2022, police teamed up with other security agencies to enhance operations against the sale and consumption of crude alcohol
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1.6KUmeme earmarks UGX 12Bn for revamping power lines in Busoga sub region
Umeme limited has unveiled a 12 Billion Shillings plan to revamp electricity power lines within Busoga sub region.
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1.4KExperts call for an end to non-tariff barriers, tax exemptions
The clashes between the Democratic Republic of Congo government and rebels are already causing trade disruptions between the country and Rwanda and...
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1.2KTwaweza report warns of sharp rise in cost of living
According to the latest report by Twaweza’s Sauti za Wanainchi, market prices for staple foods have risen sharply approaching levels of 2017...
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1.6KNSSF unveils first social security Smart Card in East Africa
The card forms a critical component of the Fund’s digitalization strategy geared at leveraging new technology to improve efficiencies, customer experience and...
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1.1KUPDF captain detained over misappropriation of emyooga funds
He reportedly used the money to purchase a commuter taxi in a dangerous mechanical condition, which is draining the daily earnings through...
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1.6KMobile money transactions hit Shs 145trillion
This comes amidst growing concerns from the public over the safety of mobile banking and transfer systems, with reports of theft by...
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1.3KMinister orders fresh verification of vendors in Mbarara central market
The directive follows investigations after registering multiple complaints from vendors.
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1.3KIt’s about time we started buying Ugandan products
Recently government, through the ministry of Trade, Industry and Cooperatives, held a Buy Uganda Build Uganda expo (BUBU Expo 2022) at Kololo...
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2.6KBIG STORY: Why African Banknotes Are Printed in Europe
Only a handful of African countries, like Nigeria, South Africa, Morocco, and Kenya have enough resources to print their own currencies or...
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2.5KBank of Uganda goes mobile to increase trade in govt bonds
On offshore indices, investment advisors say that they help in tracking and measuring the total return of emerging markets bonds that meet...
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1.4KUgandans to start applying for NSSF Midterm Cash next week
A leaked copy of the regulations in Monday's Daily Monitor paper indicated that claimants must present details of their National ID or...
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2.3KAndrew Mwenda: Sudhir’s Court Victory in Crane Bank Saga Exposes BoU as Most Fraudulent Institution in the World
BY ANDREW M. MWENDA On February 11, businessman Sudhir Ruparelia won yet another victory in the Supreme Court against Bank of Uganda...
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1.5KOP-ED: Uganda should celebrate Sudhir’s victory against BoU & Reopen Crane Bank in partnership with govt
Government is right to partner with local businessman Sudhir Ruparelia to build an ultra-modern conference facility for holding top-notch meetings, such as...
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2.2KBOU-CRANE BANK SAGA: Supreme Court confirms top BoU Officials swindled Shs397bn in Bank Sale
The BoU officials still cannot believe that the Supreme Court has sided with the lower courts that the central bank pays the...
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1.2KHow Fraudulent closure of commercial banks ruined Kasekende’s chances of becoming new BOU Governor
KAMPALA, UGANDA: Former Bank of Uganda (BoU) Deputy Governor Dr. Louis Kasekende will now have no chance of succeeding his former boss,...
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1.0K93% of Ugandans have less than sh1million on bank accounts
This means when a bank is closing down, anyone with 10 million shillings will be fully paid their deposits back, while the...
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1.1KOPINION: Ugandans Will Remain Poor Until They Own Their Bank
Written by DR EZRA SURUMA One of the most blatant aims of new colonialism (neocolonialism) is to ensure that Africans are denied...
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Bank of Uganda Clarifies on Legality of Bank Notes bearing Mutebile’s signature
The clarification by the central bank follows public speculation and misinformation circulating on social media claiming that the banknotes bearing the late...