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    Finance

    Floored by flaws: Why Uganda remains the region’s investment underdog

    theceomaBusiness & MarketsOctober 12, 2013December 17, 2013

    By Steven Baryevuga Foreign Direct Investment (FDI) is a major catalyst for a country’s economic growth besides aiding the very important GDP that is a reflection of how economically stable a nation’s growth…

    It’s that time of the year again time for a financial check up

    theceomaBusiness & MarketsOctober 12, 2013December 17, 2013

    By Daniel van Niekerk  First, let me ask you this:    • Do you usually pay when you go see your  doctor?  • Do you pay when you consult with…

    Cyber Crime:Uganda finally begins to wake up

    theceomaTechnology & InnovationOctober 12, 2013December 17, 2013

    By Silvia Nyambura On April 3, 2013 two people, Gaster Nsubuga, a former employee of Cargo Supplies Limited, and Robinhood Byamukama, a former employee of Uganda Revenue Authority (URA), were…

    Is the mobile phone the latest frontier for business growth and global development?

    theceomaBusiness & MarketsSeptember 14, 2013January 14, 2014

    By Steven Baryevuga  Mobile Phones are meant to help us keep in touch while we are on the go. Setting yourself up with a handset and a Sim card is a big…

    Unemployment: Government lacks appropriate strategies to fight the vice

    theceomaBusiness & MarketsSeptember 14, 2013January 14, 2014

    By Mark Muhumuza  Agriculture, for long, continues to be Uganda’s biggest export contributor but fixing this sector has proven too harder on the  surface but yet easier on paper. Closer to…

    To own a bank account or a mobile money account?

    theceomaBusiness & MarketsSeptember 13, 2013January 13, 2014

    By Taddewo Senyonyi  According to Bank of  Uganda (BoU)’s 2012 Annual Supervision Report, annual bank deposits have grown over the last three years though at a sluggish rate, an indication…

    Where is the future of Uganda’s App developers?

    theceomaTechnology & InnovationSeptember 13, 2013January 13, 2014

    By Silvia Nyambura MATATU, a popular local game translated into a mobile application by Kola Studios is increasingly penetrating into the market, with over 20,000 downloads globally since its inception…

    Uganda Development Bank gets lifeline, but will it last?

    theceomaBusiness & MarketsSeptember 13, 2013January 13, 2014

    By Mark Muhumuza  Most banks are either known for their financial success or that of their customers; but for Uganda Development Bank Limited (UDBL), there is almost little known about who its customers are rather…

    One year later, Bujagali still standing tall

    theceomaBusiness & MarketsSeptember 9, 2013January 9, 2014

    By Mark Muhumuza  As you approach the reservoir side of the great and mighty Bujagali Dam, there’s a gentle calmness of the water, that will easily fool you till you cross over…

    David Njoroge: Defender of the local cement industry bows out

    theceomaThe Big StorySeptember 9, 2013January 9, 2014

    By Patrick Kagenda Most Finance people are known to be reclusive and introverts but not for David Njoroge  the former General Manager at Hima Cement, who has since joined IPS…

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    • Proposed tax hike on second-hand clothes is likely to reignite debate, as government eyes revenue and industrial growth, sparking concerns over a possible spike in prices, worsened by weak local capacity, and potential disruption to Uganda’s garments sector.
      Tax on Used Clothes to Increase to 30%
      by Jeff Winters
      March 29, 2026
    • L–R: Nicholas Kabanda (IPPU CEO), Geoffrey Waiswa Sajjabi (NSSF Chief Commercial Officer), Isaac Kyaligonza (Commissioner, Procurement Policy – Ministry of Finance), Patrick Kagaba Amooti, and Pelly Mugasi (Emeritus Director Procurement, Bank of Uganda) during the IPPU Coffee Connect at Sheraton Hotel, Kampala, where leaders of the procurement fraternity called for stronger professional integrity, teamwork, and a renewed focus on financial literacy and early retirement planning.
      Living Longer, Saving Less: Experts Call on Procurement Professionals to Rethink Retirement Strategy
      by Muhereza Kyamutetera
      March 29, 2026
    • Government says the proposed excise duty on all cash withdrawals aims to boost revenue and fairness, as Uganda grapples with high cash usage and pushes toward a more transparent, digital financial system.
      All Cash Withdrawals Now to be Taxed
      by Jeff Winters
      March 29, 2026
    • MTN Group refreshes board with five new directors
      by Kisakye Imani
      March 29, 2026
    • Diamond Trust Bank Exits Burundi Market, Sells Subsidiary to Local Investors
      by Paul Murungi
      March 29, 2026
    • Some of the children supported by the Uganda Child Cancer Foundation pose in the 2026 Childhood Cancer Colour Run kit, embodying the resilience and hope driving this year’s campaign.
      Behind Every Step, A Child’s Story: Why Uganda Must Show Up for the 2026 Childhood Cancer Colour Run
      by Muhereza Kyamutetera
      March 28, 2026
    • Pearl Bank Donates Motorcycles to Help Church of Uganda Inspect Remote Schools
      by Paul Murungi
      March 27, 2026
    • Government plans to reduce the vehicle import age limit to 13 years and increase environmental levies on older vehicles to cut emissions, save foreign exchange, and boost revenue in the 2026/27 financial year.
      Govt Moves to Ban Importation of Cars Older Than 13 Years
      by Jeff Winters
      March 27, 2026
    • She Chose Humanity: How Miriam Opwonya Laker-Oketta Is Redefining Leadership through Dignity and Compassion
      by Kisakye Imani
      March 27, 2026
    • Under the new proposal, promoters will be required to deduct 6% and 15% withholding tax from payments to local and international artists, respectively, as government moves to tighten compliance in Uganda’s informal entertainment sector starting 2026/27.
      Promoters Will be Required to Withhold 6% or 15% on Payments Made to Artists in New Tax Measures
      by Jeff Winters
      March 27, 2026

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