Museveni Warns Against Frustrating Investors
President Yoweri Kaguta Museveni has appealed to politicians and public servants not to frustrate investors since they are very crucial in Uganda’s progressive industrialization agenda. Museveni made the appeal on Thursday while commissioning the new Tororo Cement vertical rolling mill plant in Tororo District. He explained that once the investors are welcomed and supported, they…
Uganda Airlines Poised to End Year on a High
Uganda Airlines is set to start direct flights to Mumbai, India on October 7. Mumbai will bring the number of international flights by the national carrier to two after Dubai, with Guangzhou, China also planned in November, according to the management. The airline, code UR will operate three flights a week from Entebbe for both…
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Uganda to Enhance Financial Integrity Via Information Exchange Transparency Review
Uganda is preparing for an upcoming peer review of its tax and financial information protection and exchange practices, aimed at enhancing its international financial integrity reputation. This review will be conducted by experts from the Global Forum on Tax Transparency and Exchange of Information, marking the second such review since 2015 when Uganda joined the…
Bankers Institute, Police Launch Training Course as Uganda Fights Financial Grey List
Uganda’s financial industry is still a step away from being internationally blacklisted over safety concerns, more than three years after the alarm was sounded by the Financial Action Task Force, (FATF). FATF, an intergovernmental organization that monitors the global financial industries for financial crime, examined Uganda’s progress in making the industry safer and still found…
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Parents to win Shs 100M in Stanbic back-to-school cash-back promotion
Key benefits • Over 15 million learners set to return to school countrywide.• Stanbic Bank announces cash-back promo for parents paying tuition via bank channels.• At least 200 lucky parents to win UGX 100m in cashbacks on school fees payments.• Parents to pay school fees via Agent banking and Flexipay to stand chance of winning.•…
Kadaga Emphasizes The Importance of Collaboration In Achieving AfCFTA
While officially inaugurating the East African Community Business Investment Summit & Expo on Friday, Rt. Hon. Rebecca Kadaga the Minister of East African Community Affairs decried the persistent low levels of Intra- regional trade and called for the full implementation of African Continental Free Trade Area (AfCFTA) as this will help in boosting the community…
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