UBTEB Executive Secretary Onesmus Oyesigye explains that this time round, any person who is found cheating will lose the entire examination set for the semester, the entire year if found cheating for a second time and expulsion for third time offenders.
The tax body had directed that all imported goods be cleared from the port of entry under the single customs territory. This meant that a trader would import goods and when they reach Mombasa or Dar-Es-Salaam, they pay taxes immediately and continue to the final destination – in this case, Uganda.
Agriculture Minister Vincent Bamulangaki Ssempijja told Journalists in Kampala on Friday that the European Union conducted an audit on Uganda’s agriculture exports chain starting from production, transportation and packaging among others, last month, for which a report is still awaited.
During the council session held on Friday, at the City Hall, it was resolved that discussion of the budget be halted until they have received guidance from the Minister for Kampala Beti Kamya on the matter of the Acting Executive Director Andrew Kitaka whose powers to present the budget to council are being questioned.
This comes after URA noticed that a sizeable number of taxpayers had introduced fictitious entries in their accounts such as loans and related expenses to lower their tax bill. Also, the tax body said some taxpayers were using multiple Tax Identification Numbers to suppress earned revenues.
The paper says the government now concentrates on building physical infrastructure, like roads, to secure quick wins in elections. The traditional donors want to see social development. China is indifferent, they argue.
Pierre Real- Paris, the Total Exploration and Production Uganda Upstream Project Manager says domestic companies will be subjected to pre-qualification, single sourced or granted selective bidding in order to participate in the industry.
The meeting, which would have been a follow-up to the Kigali meeting of September 16, was supposed to take place after 30 days – on October 16, 2019, but the date passed quietly. Now that the November date has been canceled, it leaves everything uncertain as to when both countries would meet.
Universities that took part in this year’s SEATIN debate competitions include Makerere, UCU, Islamic University of Uganda- IUIU, International University of East Africa- IUEA, Cavendish, Uganda Martyrs University-Nkozi, Kyambogo University, Mbarara, Ndejje and Gulu University.
Overall, the Oil and Gas Sector is expected to inject 20 Billion US Dollars into the economy over the next five years. There is optimism that domestic companies can tap and retain up to US Dollars 6 Billion every year.
Katureebe says more judges will have to be recruited and deployed in the Commercial and Civil Division of the High Court to return the idle funds in public circulation. He says the four judges in the Land Division of the High court alone have 9,020 cases to preside over.
Also, the company said that it was unable to collect some debts, resulting into an increase in credit loss and interest. This is the second time in a row that Cipla is announcing disappointing results after listing on the Uganda Securities Exchange in September 2018.
BOU Deputy Governor Dr Louis Kasekende said the central bank is pleased to confirm that effective today, what was previously known as Barclays Bank Uganda will become Absa Bank Uganda.
Mombasa is particularly important destination for business people in Uganda. Three quarters of goods destined for Uganda dock at Mombasa. Many business people fly there whenever their goods dock or have a problem to sort. The coast if also an important tourist destination for Ugandans
In a copy of the extraordinary general meeting that was held at Ministry of Finance headquarters on Friday, the members resolved that the administration of UTL be extended for a year effective November 22, to allow for the completion of the audit exercise by the Auditor General as per the order of court.
Uganda Securities Exchange (USE), Executive Director Paul Bwiso, said there is money out there but investors want to know what a company’s prospects are, and ownership structure, yet many companies in Uganda don’t want to disclose much about their operations.
It is not yet clear by what margin the cost of premiums will raise but several players said insurers will seek to transfer cost of investigation and allowance for fraud to innocent customers
In the suit, a group of Civil Society Organizations dragged the two authorities to the Civil Division of the High Court in May this year seeking judicial review of the procedures they used in conducting public hearings of the Tilenga Project Environment and Social Impact Assessment (EIA) Report. They want NEMA report approving the project cancelled for violation of environmental and human rights.
Justice Musa Ssekaana of Civil Division of High Court on Tuesday dismissed the application filed by Alcohol Association of Uganda and 38 Companies led by Nile Breweries Limited-NBL arguing that courts cannot grant an injunction which will have the effect of suspending the operation of the legislation.
