The shilling traded with uptrend bias supported by sizeable flows mainly from commodities and portfolio funds targeting the bond market. Market players quoted the shilling at 3540/50. In the bond…
Preseident Yoweri Museveni yesterday appointed Permanent Secretaries to different ministries. Among them was Dr Aminah Zawedde, who was appointed Permanent Secretary for the ICT and National Guidance . She starts…
President Yoweri Museveni has today appointed new Permanent Secretaries notable among whom is Dr Ramathan Ggoobi who has been appointed Permanent Secretary Ministry of Finance, replacing Keith Muhakanizi who will…
Uganda Revenue Authority has launched a Tax Education Mobile Office in form of a Specialized Mobile Tax Bus Unit (Bus) under the theme “Tujenge Uganda”. This, as the taxman celebrates…
Hima Cement Limited has today launched Fundi Masonry Cement, its latest addition to their ever-growing list of products. In a statement, Hima Cement says Fundi Masonry Cement is an application-based…
Bank of Uganda (BoU) has reduced by half the maximum value that can be written on cheques to banks and other financial institutions. Currently, amounts written on cheques are limited…
Court has ruled that Kabira Country Club Limited is not indebted to National Water and Sewerage Corporation (NWSC) and as thus the Shs147,269,805 Invoice issued in December 2017 was in…
Prudential Assurance Uganda Limited has completed the takeover of the insurance arm of International Air Ambulance (IAA), adding 50,000 more customers to its fold. The takeover, which involves all the…
By Jonathan Phillip Kyetume The pandemic is still wrecking havoc on the global economy, and its consequences have had a significant impact on businesses at all levels. Lockdowns, curfews, and…
By Flavia Ntambi Lwanga In an era of uncertainty and unpredictable lockdown measures instituted to mitigate the effects of the COVID-19 pandemic, Management of employee welfare becomes pivotal for Business…