Browsing: Business

A Ugandan activist has left some people in shock after she proposed a tax on cows! Her proposal came as the government, through the Ministry of Finance, Planning and Economic Development, presented proposed tax amendment bills detailing new taxes that the Museveni regime hopes to introduce starting July this year when the 2023-2024 financial year begins.

Rainbow Tiles and Pavers Ltd have invested a fortune in transformation of the compound decor and planning industry with the introduction of unique Indian concrete pavers and tiles unto the country’s construction industry.

State House has finally spoken out on reports of a trending social media post claiming that President Museveni is extending cash to the public.

Maj Gen Apollo Kasita Gowa, the Director of Citizenship and Immigration Control (DCIC) at the Ministry of Internal Affairs, has given details on the upgrade of the East African Community e-Passport.

The requirements by financial institutions, whose checklist must be met 100 per cent, the licensing authorities, and now the NSSF Act which requires that all employees must be registered with the Fund, make starting a new venture out of consideration for young people who do not have a lot of cash on them.

The Leader of the Opposition in Parliament, Mathias Mpuuga, has challenged the Chinese Ambassador to Uganda, Zhang Lizhong to prevail over Chinese investors not to degrade Uganda’s environment but work towards its protection and preservation.

President Yoweri Museveni has put corrupt officials on notice over the Parish Development Model, a parish microfinance scheme operated by the government to finance local enterprises.

The Committee on Defence and Internal Affairs will examine different bank accounts operated by Police Savings and Credit Cooperative Organization (SACCO), Exodus.

The Committee on National Economy has directed the Uganda Development Bank (UDB) to provide details of the loans it has disbursed and their tangible benefits to the country’s economy.