Museveni says sleeping is part of the reason there is still unemployment in Uganda. He says people are working for the stomach despite the good land and favorable conditions in the country. He says in the end, we have food in homes but there is a shortage of money.
According to URA, taxpayers have three months up to September 30, 2020, to adjust their systems and start issuing e-invoices. From 1 October 2020, no taxpayer will claim a tax credit if they didn’t issue e-invoices in their trading. The program is implemented under the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS).
Francis Muganga, the People Power Legal Officer in Eastern Uganda complained about the lack of a leveled political playing ground since their counterparts in the ruling National Resistance Movement-NRM party are holding meetings freely.
On Monday, it emerged that I&M Holdings Limited, the owners of I&M Bank Kenya, have reached an agreement with Orient Bank owners to buy 90 percent of the bank. The transaction awaits approval from regulators in Kenya and Uganda.