Economy – Page 21 – 256trends.com

06
Jul

Economy

Uganda Seeks to Impose 5% Tax on Foreign Digital Companies

Amanda Bae / 2 years
0
3 min read

Uganda is proposing to impose a 5% tax on income derived from the provision of digital services by non-resident companies such as Facebook, Twitter, Google, Netflix, and Amazon. The government argues that foreign digital companies should contribute a portion of their income earned in Uganda as taxes, separate from the taxes imposed on resident companies. […]

03
Jul

Economy

Urgent Call for Tax Waivers to Promote Women-Led Enterprises in Public Procurement in Uganda

Amanda Bae / 2 years
0
5 min read

Civil society organizations in Uganda, led by the African Freedom of Information Centre (AFIC), are urging the government to institute tax waivers for women-led young ventures. The aim is to facilitate their scalability and encourage their active participation in public procurement. The Ugandan government has been steadfastly pushed to eliminate taxes for women-led startups in […]

02
Jul

Economy

Uganda and South Sudan Sign Power Sales Agreement to Develop 308km Power Line

Amanda Bae / 2 years
0
3 min read

The governments of Uganda and South Sudan have signed a Power Sales Agreement (PSA) to strengthen power trade and socio-economic development between the two countries. As part of the agreement, a 308km power transmission line, known as the 400kV Olwiyo-Juba Power Transmission Line, will be developed, connecting the border towns of Oraba, Elegu, Kaya, and […]

22
Jun

Economy

EU-EAC MARKUP Campaign Empowers Agri-Export Trade in East Africa

Cherop Amarie / 2 years
0
3 min read

European Union – East African Community Market Access Upgrade Programme (MARKUP) and its positive impact on Agri-export trade in the East African Community (EAC). The campaign aims to raise awareness among small and medium-sized firms, farmers’ cooperatives, and government organizations in the EAC about the potential opportunities in Agri-export trade. The EU-EAC Market Access Upgrade […]

21
Jun

Economy

Kabalega International Airport in Hoima Nears Completion, Set to Boost Cargo and Passenger Travel

Sherry Karungi / 2 years
0
3 min read

Kabalega International Airport a significant infrastructure project in Hoima, is rapidly nearing completion. With the construction progress currently standing at an impressive 91%, the airport is on track to be fully operational by October of this year. Once finished, this state-of-the-art facility will play a crucial role in facilitating the air transportation of heavy cargo, […]

20
Jun

Economy

Uganda Airlines flies Muslim Pilgrims to Mecca

Nkwanzi Sheena / 2 years
1
2 min read

Uganda Airlines, after a 40-year hiatus, has resumed operations for the Muslim pilgrimage to Mecca. More than 250 Muslim pilgrims were carried on the airline’s inaugural flight, marking a significant achievement for the national carrier. The Minister of Works and Transport, Gen. Edward Katumba Wamala, flagged off the first batch of pilgrims at Entebbe Airport. […]

16
Jun

Economy

Minister of Finance Presented Budget Focused on Economic Transformation and Job Creation

Amanda Bae / 2 years
0
5 min read

Uganda’s Minister of Finance, Planning and Economic Development, Hon. Matia Kasaija, presented the country’s budget for the 2023/2024 fiscal year to Parliament yesterday 15th June 2023. The budget, amounting to Shs52.7 trillion, aims to support Uganda’s transition from a raw materials-based economy to a manufacturing and knowledge-based economy. The Minister of Finance, Planning and Economic […]

16
Jun

Economy

Government pledges Access to safe and clean water: 1,500 boreholes to be constructed come next financial year

Nkwanzi Sheena / 2 years
0
2 min read

During the national budget reading event for the fiscal year 2023-2024, Matia Kasaija, the Minister of Finance in Uganda, pledged to enhance access to safe and clean water. The goal is to achieve 85% coverage in rural areas and 100% coverage in urban areas by 2025. Communities in 1,050 villages and towns will get 1,500 […]

15
Jun

Economy

Total Energies EP Uganda Transfers 105 Resettlement Homes and Titles to Project Affected Persons in Buliisa District

Cherop Amarie / 2 years
0
4 min read

The Minister of Energy and Mineral Development, Ruth Nankabirwa Ssentamu, presided over the transfer of 105 resettlement homes and land titles to Project Affected Persons (PAPs) in Buliisa District as part of the Tilenga Project and emphasized the government’s commitment to sustainable development and the well-being of affected populations. On Monday 12th June 2023 was […]

07
Jun

Economy

MTN Uganda set to Combat the failure of young starts ups in Uganda

Nkwanzi Sheena / 3 years
0
4 min read

MTN Uganda has partnered with key organizations in the country’s business and innovation sector to address high attrition rates among new firms. Through their annual program, 21 Days of Y’ello Care, they aim to empower entrepreneurs and promote economic growth and digital transformation. MTN Uganda has formed a new relationship with key players in the […]

President Museveni Pledges Action...

National Security Mobilisation Task...

President Museveni Presides Over...

Uganda Fast-Tracks Nuclear Energy...

IGP Byakagaba Assures Ugandans...

UPDF Chief of Defence...

Uganda Seeks to Impose 5% Tax on Foreign Digital Companies

Urgent Call for Tax Waivers to Promote Women-Led Enterprises in Public Procurement in Uganda

Uganda and South Sudan Sign Power Sales Agreement to Develop 308km Power Line

EU-EAC MARKUP Campaign Empowers Agri-Export Trade in East Africa

Kabalega International Airport in Hoima Nears Completion, Set to Boost Cargo and Passenger Travel

Uganda Airlines flies Muslim Pilgrims to Mecca

Minister of Finance Presented Budget Focused on Economic Transformation and Job Creation

Government pledges Access to safe and clean water: 1,500 boreholes to be constructed come next financial year

Total Energies EP Uganda Transfers 105 Resettlement Homes and Titles to Project Affected Persons in Buliisa District

MTN Uganda set to Combat the failure of young starts ups in Uganda

Uganda Flags Off First Milk Powder.

POATE 2025: Uganda Shines as a.

Government Launches Low-Interest ‘Katale Loan’ to.

MTN Unveils Sh1b Push for Cashless.

President Museveni Pledges Action.

National Security Mobilisation Task.

President Museveni Presides Over.