Category «Business»

Police, taxi drivers clash

Seven taxi operators have been arrested around Kampala for allegedly sabotaging the renewed KCCA operation collecting of the monthly dues. This morning, KCCA enforcement officers together with the police stormed the old taxi park and all roads leading to the city to trap all taxis whose dues had not been paid for the period between …

New taxes announced, Museveni speaks out on aid cuts

President Yoweri Museveni has lashed out at some members of the donor community over the recent aid cuts. Several development partners withdrew aid to Uganda over increased mismanagement of funds in many government departments. However, addressing parliament this afternoon, President Museveni has described the move as uncalled for and high handed. This comes shortly after …

Beer industry appeals for tax cuts

Players in the beer industry are asking for tax cuts in the upcoming budget. The beer industry is one of the top five contributors of taxes . Uganda Revenue Authority reported last month that the sector contributed Shs 21b in taxes, way ahead of other sectors including electricity, phone talk time and banking. One of …

Government cancels Namanve land titles

Government has cancelled 74 land titles of investors set to establish business entities in Namave industrial park According to the Minister of Investment Gabriel Aljedra, a total of 277 investors were allocated land but 42 were granted leases after satisfying the Uganda Investment Authority board terms. Another 121 have surveyed their land and the authority …

Pioneer Buses hit the streets in 2 weeks

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 company to pay in installments. The bus Company Director, John Masanda says that they …