The Big Story

Mutebile eases Central Bank Rate to 7 per cent; urges banks to follow suit

Muhereza KyamuteteraThe Big StoryJune 8, 2020June 8, 2020

Bank of Uganda has today, for the second time in three months, further eased down the Central Bank Rate for June 2020 to 7 per cent, setting another record low…

EDITORIAL: How inclusive are the COVID-19 tax incentives? This and more questions for the finance minister, URA and the MPs

theceomaThe Big StoryThought LeadershipJune 8, 2020June 8, 2020

On or around 5th June 2020 the Minister of Finance Planning and Economic Development tabled in Parliament 4 bills for approval into Acts of Parliament. The above bills are to…

COVID-19: British drugmaker AstraZeneca aiming to make 2 billion doses of vaccine starting this September

Muhereza KyamuteteraThe Big StoryJune 8, 2020June 8, 2020

British Pharmaceutical Company AstraZeneca has said they are gunning to start manufacturing and distributing as many as 2 billion doses of a coronavirus vaccine, including 400 million for the U.S….

COVID-19: Confirmed cases reach 616 as more 23 cases are discovered amongst truck drivers and contacts

Muhereza KyamuteteraThe Big StoryJune 7, 2020June 7, 2020

Results from samples tested on 06th June 2020 have confirmed 23 new Covid-19 cases, taking Uganda’s confirmed total cases to 616. According to Uganda’s Ministry of Health, the 23, include:…

Bank of Uganda further expected to cut Central Bank Rate to below 8 per cent

Muhereza KyamuteteraBanking & Financial ServicesThe Big StoryJune 7, 2020June 7, 2020

Ahead of the Central Bank’s announcement of its June 2020 Monetary Policy, experts have predicted that Bank of Uganda, will further cut its Central Bank Rate (CBR), in a bid…

Government Signs Agreement with American firm RippleNami Inc to Develop Rental Tax Compliance System

CEO ReporterThe Big StoryJune 7, 2020June 7, 2020

To address the problem of evading taxes, government, through the Ministry of Finance, has signed an agreement with an American Company RippleNami Inc to provide a solution to improve rental…

COVID-19: Savannah parks open to visitors, but with restrictions

CEO ReporterThe Big StoryJune 6, 2020June 6, 2020

Visitors intending to visit Uganda’s national parks can now go to Savannah parks but must follow guidelines put in place to prevent the spread of Coronavirus. In a June 5th…

Poor performance and funds mismanagement; is this why President Museveni fired NIRA boss, Judy Obitre Gama?

CEO ReporterThe Big StoryJune 6, 2020June 6, 2020

President Yoweri Kaguta Museveni has ordered for the firing of Judy Obitre-Gama, the Executive Director of the National Identification Registration Authority (NIRA) over failing to satisfactorily issue National Identity cards….

COVID-19: Positive cases reach 557 as Prime minister Rugunda goes in self-isolation

CEO ReporterThe Big StoryJune 5, 2020June 5, 2020

As of today Friday June 5, 2020, Uganda has 557 recorded cases of Coronavirus as numbers keeping growing. The bulk of these are truck drivers tested at border points. Meanwhile,…

COVID-19: Tourism ministry issues Standard Operating Procedures For Hospitality facilities

CEO ReporterThe Big StoryJune 5, 2020June 6, 2020

Below, we reproduce the guidelines by the Tourism Ministry and the Uganda Tourism Board (UTB) this month. Introduction The global outbreak of the Covid ’19 pandemic has had a profound…