The Uganda Revenue Authority implemented the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) in July last year for what the taxman says all is intended to ease doing business. Jamil…
Jacob Oulanyah is the Speaker of Uganda’s 11th Parliament. In polls held today at Kololo Independence Grounds in Kampala during the 11th Parliament’s first sitting, Oulanyah emerged triumphant after garnering…
The following is a list of the banks ranked by total assets as of 31 December 2020. Balance sheet information is from financial statements published by the banks in March and April
Bank of Uganda has commenced licensing of payment system operators, payment service providers and issuers of payment instruments. Payment service providers – also known as merchant service providers or PSPs…
Poultry and feeds company, Biyinzika Poultry International (BPIL) has appointed Henry K. Mambwe as its Chief Executive Officer, effective 19th May 2021. Prior to his appointment, Mr Mambwe served with…
The Covid-19 pandemic saw a rise in bad debts and provisions for loan losses. But this had little effect on balance sheets as banks turned from loans to other assets
President Museveni has lauded Uganda Airlines after flying with the national carrier yesterday on his way to Tanzania to sign oil agreements. On his twitter handle, the President said: “I…
Illegal power connections are not only the cause for most deaths by electrocution but also cost the economy electricity needed to power businesses and light up communities in which we…
The Uganda Revenue Authority (URA) has recovered UGX2.1 billion from 1,445 seizures of smuggled goods between May 2020 and April 2021. A URA report for the period ended April indicates…
Total E&P Uganda, through its contractor Mota-Engil Uganda has commenced site preparation activities for the Industrial Area in Kasenyi village, located in Ngwedo Sub-County, Buliisa District. The site preparation activities…
