Business •
30 Nov '24
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No
Business •
13 Nov '24
The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which
Business •
18 Sep '24
(Jinja) – Uganda Revenue Authority (URA) officials have once again shown their unmatched talent for sniffing out dodgy dealings at the Jinja Nile Bridge checkpoint. But in typical Ugandan fashion, the plot comes with a twist that would make any seasoned Kampala boda boda rider proud. This time, th
Business •
12 Sep '24
(Masaka) – The Uganda Revenue Authority (URA) recently participated in the CBS PEWOSA Agri-business Expo held at Pookino Grounds in Masaka City. During the event, URA emphasized that agricultural machinery and animal feeds are exempt from VAT. The expo served
Business •
15 Jan '24
The dairy sector has witnessed a 37% growth in milk production, from 2.81 billion litres in FY 2020/21, to 3.85 billion litres in FY 2022/23.
However, amidst this success, concerns have arisen over the threat posed to dairy farmers incomes due to the widespread use of fake drugs and ineff