business

Uganda Revenue Authority (URA) advised bond owners to weigh all consignments before physical verification to account for the weight on arrival.

By Patricia Kiconco

Uganda Breweries Limited (UBL) announced that it will expand its Farm for Success, previously Local Raw Material, program from the current 35,000 farmers to 50,000 farmers as the company seeks to sustainably source 100% of agriculture materials used in producing its various brands from Uganda, sp

The Committee on Commissions, Statutory Authorities and State Enterprises (COSASE) has cautioned the National Lotteries and Gaming Regulatory Board (NLGRB) for failing to prepare a national register of gaming and betting machines. Section 36 of the Lotteries and Gaming Act, 2015 provides that the

President Yoweri Museveni met the Chairman of Prometheus, Mariusz Lwanski, who expressed interest in setting up a manufacturing hub for modern technology systems including Unmanned Aerial Vehicles (UAVs), popularly known as drones. 

URA launched its three-year digital strategy in partnership with the United Nations Development Programme aimed at integrating technology in tax administration. The strategy will facilitate URA‘s agenda of automating tax processes, quality assurance and mitigating revenue leakages.

Over half (54%) of the global population – some 4.3 billion people – now owns a smartphone, according to the GSMA’s annual State of Mobile Internet Connectivity Report 2023 (SOMIC).

By Rolant Kule and Denis Yekoyasi Kakembo

Introduction

A Dubai-based brokerage company has dragged drug manufacturer Cipla Quality Chemical Industries Ltd to court over non-payment of brokerage fees worth $620,000 (about Shs 2.2b) over a deal involving the supply of Anti-Retroviral Drugs (ARVs) to the Government of Zambia.

The National Social Security Fund (NSSF) has raised the interest payable to savers to 10% for the year 2022/23. The 10% interest is equivalent to Shs1.51 trillion which will be credited to members’ accounts starting today.