Pioneer Easy Buses are set to resume work in two weeks. This is after President Museveni backed a proposal stopping the sale of the buses over tax arrears. He has made several proposals including waiving the entire debt or allowing
The Uganda Communications Commission has approved the merger of Airtel and Warid telecommunication companies. According to the commission Executive Director Godfrey Mutabazi, the merger will bring in more revenue for government. The approval however comes with conditions which include among
The Ministry of Finance was today put on the spot over the declining budget support to the tourism sector. Members of Parliament on the Trade and Tourism committee grilled the State Minister for Investment, Gabriel Ajedra over not including funds
The NSSF is in the news again, this time over alleged misuse of savers money. The National Social Security Fund has denied allegation of misuse of contributors’ money in the dubious purchase of properties. This follows media reports indicating that
Companies should look for more financial options other than commercial banks to set up shop. The Managing Director of National Social Security Fund, Richard Byarugaba says dependence on financial institutions for long term financing could cost companies longevity on the
The Uganda Revenue Authority has given Pioneer Easy Bus Company another 30 days within which to pay the Shs.8 billion tax arrears. This has been revealed by the URA manager for debit collection Abdul Salaam Waiswa. He however does not
The rising fuel prices have been explained. The Uganda Revenue Authority has blamed the trend on the deficit recorded in international trade taxes. Currently a liter of petrol goes for Shs.3,900 up from 3,800, while that of diesel goes for
Barely a week after the Kenyan elections, business is getting back to normal not only in Kenya, but the entire East African region. The Uganda Revenue Authority says it expects more fuel to be brought into the country today. This
Traders operating in Kenya didn’t encounter any major challenges during the just concluded elections. This is according to the spokesperson KACIITA, Isa Sekitto who says the traders were prepared in time for alternative routes and many used the southern
Ugandans who have not registered their Sim cards can now breathe. The Uganda Communication Commission has extended the Sim card registration deadline to 31st may. Communication boss, Godfrey Mutabaazi says that another one month will be given to telecom companies
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