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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35b from coffee exports in last 12 months- UCDA

Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r

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Karamoja Youth Want All Government Fund Releases Pinned on Notice Boards

Karamoja Youth Want All Government Fund Releases Pinned on Notice Boards

Moroto, Uganda – Local government officials in Karamoja are currently facing pressure from anticorruption youth who have tasked them with printing and pinning all government and NGO fund releases for the region. The youth have gained this authority after being trained by the Karamoja Antico

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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Kawempe slum dwellers served free food

Kawempe slum dwellers served free food

Hundreds of slum dwellers from Nsoba slum in Kawempe Division thronged Nsoba gardens on September 22 to get lunch, a meal that is considered a luxury by most urban poor. By 8am, families that were mobilized by local authorities had already settled at the venue where food was to be

Ultimate Uganda

Fighting Eacop is a lost cause

Fighting Eacop is a lost cause

At the conclusion of the Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates (UAE), in December 2023, member states committed to rapidly decarbonising their energy systems to keep global warming within the 1.5°C threshold. This requires accelerating the clean energy

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Religious leaders call for sensitisation on EU coffee registration

Religious leaders call for sensitisation on EU coffee registration

The Inter-Religious Council of Uganda (IRCU) has called for more sensitisation of coffee farmers about the registration exercise that seeks to comply with European Union export guidelines. With less than three months for Uganda to comply with the European Union Deforestation Regulations

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Kinshasa puts Uganda House on notice over unpaid taxes

Kinshasa puts Uganda House on notice over unpaid taxes

The Anti-Fraud Brigade of Kinshasa City in the DR Congo have threatened to seize a commercial house, Uganda House, owned by the Uganda government in Kinshasa over non-payment of property tax arrears to the tune of $443,000. A source, who preferred anonymity because he has no authority to

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What next after Uganda fails to wake up and smell the coffee?

What next after Uganda fails to wake up and smell the coffee?

Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good

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URA Officers Manipulate Tax TINs to Steal UGX 319 Million

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil

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