August census to cost Shs336b

Uganda, June 2 -- Uganda Bureau of Statistics (Ubos) has said it will spend Shs336b on the upcoming National Population and Housing Census due in August. The money, Ubos said early this week, will be... Read More

Uganda's economy grew by 5.3% -Ubos

Uganda, June 2 -- The preliminary estimates of the Gross Domestic Product (GDP) released by the Uganda Bureau of Statistics (Ubos) has indicated that Uganda's economy grew by 5.3 percent in the fiscal... Read More

5.2m potential taxpayers still outside tax fold, says URA

Uganda, June 1 -- Uganda Revenue Authority (URA) has indicated that at least 5.8 million potential taxpayers remain outside the taxable fold yet the tax collector is increasingly under pressure to rai... Read More

Decline in prices drives down inflation to 6.2%

Uganda, June 1 -- A decline in both commodity and service prices contributed to decline in headline inflation to 6.2 percent from 8 percent in May, Uganda Bureau of Statistics (Ubos) has indicated. T... Read More

MTN pays NSSF Shs31.4b as dividend for its 1.98b shares

Uganda, May 31 -- MTN has paid National Social Security Fund (NSSF) Shs31.48b in dividends for its investment in one of Uganda's telecom. The payment, NSSF said, is the single largest dividend it has... Read More

Baroda seeks Shs125b from bonus issue to shore up capital base

Uganda, May 30 -- Bank of Baroda will next Monday (June 5) list at least 12.5 billion ordinary shares after Capital Markets Authority (CMA) approved its Bonus Issue Prospectus. In a notice shared thr... Read More

99% of inter-govt payments now made electronically, says BoU

Uganda, May 30 -- Bank of Uganda has said it now makes 99 percent of inter-government payments to ministries, departments and agencies through electronic means. This, the Central Bank said, has been ... Read More

Major tax heads below target a month to closing financial year

Uganda, May 26 -- A report by the Ministry of Finance has indicated major tax heads returned shortfalls, which is likely to impact tax collections a few months to the end of the 2022/23 financial year... Read More

Cipla's long term debt due to Zambia reduces to Shs5.4b

Uganda, May 25 -- Cipla Quality Chemical has said it has substantially reduced its long term debt due to the government of Zambia to just Shs5.4b. In details contained in the company's financial resu... Read More

Align tax on non-resident companies to match other EAC states, PwC tells govt

Uganda, May 24 -- PricewaterhouseCoopers (PwC) has asked government to align levies under Digital Services Tax to match those of other East African member states, failure of which the tax will make Ug... Read More