Why your business never grows: Stop spending your capital like pocket money
For many self-employed people, all income goes into one mobile money account. The same account pays for transport, lunch, school fees, rent and business stock. At the end...
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“profits”
STANBIC BANK’S TAX NIGHTMARE: URA Walks Away with UGX 11 Trillion Business Over Unpaid Taxes
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effe...
From 200 to 7,000 Birds: ONC Empowerment beneficiary builds multi-Million poultry enterprise in Kira
Wakiso, Uganda: What began as a small poultry startup supported by the Office of the National Chairman (ONC) empowerment program has evolved into a thriving commercial en...
UGX 533m Refund ‘Disappears’ in URA–Canaan Sites Shs 2.4bn Tax Settlement Drama
tax dispute that began more than a decade ago over Value Added Tax (VAT) on land transactions has cost the Ugandan government at least UGX 2.48 billion in refunds, intere...
Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax...
Experts Call for Reduction of Mobile Money Withdrawal Tax
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transactio...
DR. OPUL JOSEPH, PhD: Trillions Shillings Planted Before Skills leading to Kwashiorkor Harvests: Why PDM Must Stop Watering Rocks instead of Seeds
Dear all political and technical line leaders directly /indirectly concerned with PDM ranging from H.E the President of Uganda, Ministers, Members of Parliament, Security...
From Prado to Boda Boda: The Untold Story of Government Suppliers
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes...
Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional com...
Uganda Ordered to Pay Shs522 Bn After Losing London Arbitration Over Rail Concession
Uganda has been ordered to pay about Shs522 billion ($138.93 million) to Rift Valley Railways Uganda Limited (RVRU) after an international arbitration tribunal in London...