Earlier this year as economies picked up, pump prices in Uganda rose sharply from 3,700 Shillings to 4,150 Shillings per litre of petrol at Shell and Total stations and have been largely stable since April. New tax measures also saw a 100 Shillings increase in the Excise Duty per litre, although this did not take immediate effect on the prices, at least in the first two months of the financial year.
The Town Council has a population of 17,000 people with more than 500 of them engaged in cross-border trade. They deal in general merchandise, agricultural produce, hardware, restaurants and supermarkets among others.
URBRA which is mandated to regulate and supervise the establishment, management and operation of retirement benefits schemes in Uganda levies a compulsory annual fee paid by NSSF and other retirement benefits schemes of up to 0.0256 % of the Total Asset Value in the statement of financial position.
The pilot project has seen 25 villages, eight trading centres and selected public institutions that have not been not part of the national electricity grid in Lamwo district with more expected to be connected to the power grid.
Through their lawyer, Geoffrey Baluku of Bagyenda and Co Advocates, the traders contend that URA and the director of fisheries resources at the Kenya-Uganda one-stop border point properly inspected the fish in the truck and placed a verification seal on their products.
“Susan's being in office today, is a sign that we are not in a fight, it is a chance for her prepare and leave office honourably as we await official handover” the RCC added.
It remains to be seen if Susan will manage to enter the office as the new week begins.
According to John Paul Mpalanyi, the Kyotera County MP, who is spearheading the campaign, the majority of coffee farmers are worried that the legislation is intended to give more powers to the government to cripple their efforts.
The ugx35m-machine is a donation from Vi-Agroforestry, a development organisation fighting poverty and climate change in collaboration with farmer’s groups and organisations, advising and training farmers in sustainable agricultural land management.
Centenary Bank MD, Fabian Kasi says as the risk levels increase, the banks have no option but to be more cautious about lending, but also advises businesses to also consider risk a major component of their business planning.
Speaking at the 6th annual East African Communications Association-EACA conference convened virtually at Uganda Christian University, Okwakol said that institutions should consider developing approaches favouring companies offer mentorship to students.
Prof Kaawaase says that such institutions, including Crane Bank which is still a center of conflict between Bank of Uganda and the bank’s shareholders, always have audit reports with unqualified opinion of the auditors, on such institutions’ financial positions.
One striking revelation from the report by National Building Review Board -NBRB about the building that collapsed in Kisenyi was: the building had been constructed with substandard steel produced by Pramukh Steel Ltd.
Uganda Securities Exchange handled companies whose total capitalisation is about 4.3 trillion shillings, compared to MTN’s 4.5 trillion shillings. The company handles mobile money transactions worth 100 billion shillings daily, and by the end of 2020, it was holding 655 billion shillings in mobile money deposits, up from 450 billion in 2019.
Moreen Atuheire, a resident of Bugongi in Nothern Kabale Municipality, says that recently, Kabale Municipality and Uganda National Roads Authority removed street solar lights along Kabale main street after developing a fault and connected them to the main grid. She says that whenever the power goes off, the street lights also go off.
Christopher Kyalimpa, one of the protesters blames the local leaders for shunning their responsibilities leading to poor service delivery. He says that they find a huge challenge to transport produce to the market because of the huge potholes on the road