URA misses revenue collection target for 2016/17, but collects Shs1 trillion more
The Uganda Revenue Authority missed its revenue collection target in 2016/17 due to slow economic growth and low import volumes
Uganda Business News
UCC sets 2020 as target for digital radio, but questions linger on readiness
Uganda Communications Commission believes that Uganda will be ready to change to digital audio broadcasting by 2020
Ugandan start-ups stand a chance to win $1m investment prize from Stanbic sponsored project, Seedstars
10 of the best seed stage startups in Uganda will be invited to pitch for the opportunity to compete at the Seedstars Summit
Stanbic Bank awarded Best Bank in Uganda at 2017 Euromoney Awards
Stanbic Bank has been recognized as Uganda’s best financial institution at the 2017 Euromoney Awards, the world’s most recognized accolade in the Global Banking Industry.
Electricity prices to fall further in third quarter
Power prices are to reduce for the second consecutive quarter due to a stronger shilling and lower fuel prices, according to a tariff schedule released by the Electricity Regulatory Authority
Uganda gets database for oil and gas suppliers
The Petroleum Authority of Uganda has launched the National Supplier Database, which will serve as a one-stop centre for local and international oil and gas suppliers
Coffee receipts up 43% year on year in May
The May figures represent a 72.24% increase in value compared to the same period last year
BoU cuts policy lending rate further to support economic recovery
The central bank’s decision to cut its policy lending rate was influenced by the slowdown in economic growth
Standard & Poor’s maintains Uganda’s credit ratings
The rating’s agency cited Uganda’s solid growth prospects on the back of high spending on infrastructure projects in its decision
Employers and workers can now save voluntarily with NSSF under new plan
The National Social Security Fund on Monday launched a plan that gives employers and workers who are not compelled by law to save with the fund an opportunity to do so voluntarily.