NSSF Declares 12.15% interest rate, 1.5T to be accredited on members accounts
The National Social Security Fund (NSSF) has declared a 12.15% interest rate for its members for the financial year 2020/2021. The rate translates to 1.52...
Category : Business
Ensure good quality milk production – Frank Tumwebaze urges farmers
Agricultural minister Frank Tumwebaze has urged dairy farmers to focus on producing quality milk products to be able to feed the new secured markets. Tumwebaze...
UBOS – Uganda’s inflation stands at 1.9% in August
The rate at which prices of goods consumed by typical urban households has reduced to 1.9% in August, further below the 2.1% that was recorded...
Gov’t waives taxes on textiles and garments
The Uganda Revenue Authority (URA) together with the Ministry of trade have today met traders under their different Associations to discuss the way forward on...
Minister Fredrick Gume Ngobi cautions commercial officers against Emyooga
The minister of state for cooperatives Fred Gume Ngobi has cautioned district commercial officers against meddling in the micromanagement of SACCOS and cooperatives which has...
Kabagambe advises businesses to adapt for survival
Businesses are being advised to adopt a survival mode during and after the lockdown to be able to remain afloat. Dr. Levi Kabagambe a business...
Fuel dealers want gov’t to enforce cashless transactions
With Covid 19 cases continuing to surge, dealers in the fuel business have called out government to enforce cashless transactions at pumps. The dealers are...
Experts accuse Gov’t ignoring advice on taxing gold
The mineral and extractives sector experts have expressed mixed feelings about the 10 per cent tax on gold. This follows the 5% tax on processed...
Experts urge government to allow in more venture capital inflows
Experts have called on the government to improve the legal regime to allow for more venture capital inflows into the Country. These say that the...
Rubis energy launched, players cautioned on high levels of competition in the sector
Players in petroleum supply have been encouraged to brace themselves for high levels of competition in the fuel distribution sector. The commissioner of petroleum supply...