Government Forms Shs24 Trillion Private Energy Fund
The government has created the Uganda Energy Credit Capitalisation
Company (UECCC)) to enhance the flow of financing towards private sector-led renewable energy. The government hopes that with UECCC now formed, it will attract private sector investments in renewable energy generations through
Uganda Revenue Authority has collected Shs1.3 billion as income tax
from property transfers in three months. This over shadows reports that the compliance check, to collect income tax from the transfer of property worth Shs50 million and above that started in June, would hurt Stamp Duty collections.
Six companies have lost their telecommunication business licenses in
Uganda after failing to launch their services within the required time.
The affected firms include; Talk Telecom, Mo Telecom, Mara Telecoms, a subsidiary of the Mara Group, Excellentcom Uganda Limited, Janu
Do you know why your firm has been rejected and a tender awarded to a
foreign firm? According to experts, most local firms fail to get contracts because they do not have the required experience and financial standing. According to Mr Benon Kwizera, the Kisoro District Procurement officer, some local firms
The Uganda Wildlife Authority will in November launch two new gorilla
families families to increase the number of gorilla tracking visitors in order to boost revenue collections. Dr Andrew Seguya, the UWA acting executive director, said Oruzogo and Kahungye, both in the Southern part of Bwindi
As the Swiss government struggles to contain the strong Franc, the
Shilling continues to face serious battering precipitated by high demand for the dollar and falling inflows. The Shilling, trading at Shs2,820 (as of yesterday) against the dollar, is the worst performing currency globally.
Certain of beating Kenya at Namboole on October 8, a game Uganda must
win to avoid falling into any mathematics to qualify. “We don’t lose at home. No way shall we lose to Kenya and I don’t care what everybody says, really,” said the Scot, clad in his Uganda Cranes polo yellow shirt on black shorts.
New Value Added Tax law to increase cost of services
The VAT Regulations relating to accounting for VAT on imported
services have been amended, and the amendment takes effect from 1 July 2011. all businesses in Uganda that import services from consultants and service providers who are based outside Uganda will pay higher VAT
Modern homes generally match the current technology trends and usually
attract young adults. Architects are constantly changing plans to re-interpret what the idea of modern is. You will also find town homes that are designed to work with the latest gadgets and appliances.
Commercial real estate investment is one of the most sought investment
options in East Africa. The returns are implied to be certain and very rewarding to the investor. However, the way your investment will perform will depend on conditions, both within and out of your control.
How genuine is the land you are buying? Securing land is one of the most
important stages of building a house. You can own land by either inheriting it, grabbing it, or buying it. Most us are not fortunate to inherit land and we are ethical and moral enough to want to buy a piece.
Committee to settle Uganda, south sudan trade disputes
Trade conflicts between Uganda and South Sudan will be resolved
by a Trade Dispute Arbitration Committee, formed by the two governments last week.The formation of the committee comes on the back of the accumulating number of trade disputes reported by Ugandan traders.
Then in early July, the government and its partners said they had mapped out a formula
of turning ordinary Ugandans into local tourists. A team of officials from the Ministry of Trade, Tourism and Industry, the American Embassy in Kampala, and private sector players in the tourism industry headed to Kyambura Game
The serenity lends it an aura of sanctity akin to what is found mostly in places of
worship. It is not a church though. And yet that is exactly what is disconcerting about the Uganda Museum. It should be a bustling cultural melting pot for people from all walks of life, but it largely is not; at least not on March 31 or the day after.