World Bank senior economist for Uganda Richard Ancrum Walker says he is impressed with the public debate around proposed new taxes, including that on social media usage. Addressing journalists in Kampala, Walker said that for long, public debate in Uganda has been about expenditures and not revenue mobilization. Walker said he is happy that this […]
Weeks after their cigarettes begun to completely disappear from local shops, bar and mall shelves, British American Tobacco (BAT); the manufacturers of Intore, Dunhill Switch and Dunhill Lights brands have blamed the shortage on tax stamps. Weeks after their cigarettes begun to completely disappear from local shops, bar and mall shelves, British American Tobacco (BAT); […]
Rwanda has been awarded the inaugural Global Tourism Leadership Award by the World Tours and Tourism Council (WTTC). Rwanda has been awarded the inaugural Global Tourism Leadership Award by the World Tours and Tourism Council (WTTC). Prime Minister Edouard Ngirente received the award Wednesday at the ongoing Global Tourism summit in Argentina’s capital of Buenos […]
Capital Markets Authority chief executive Paul Muthaura. FILE photo | nmg The Capital Markets Authority (CMA) has proposed introducing tax amnesty for companies intending to go public as it seeks to end a prolonged listing drought. CMA chief executive Paul Muthaura said many companies were ready to list, but feared making past financials public as […]
Kenyan finance and technology (Fintech) start-ups take a lion’s share of 99 per cent of all funding in the region – leaving Uganda, Rwanda and Tanzania to share the remaining 1 per cent, a new research report has shown. The study, which looks at Fintechs in the region, was supported by Financial Sector Deepening Uganda […]
Khartoum — The General Manager of Agricultural Bank, Salah-Eddin Hassan Ahmed, said that the Central Bank of Sudan and the Minister of Finance and Agriculture have agreed to fund construction of silos, with a caapcity from 5000 tons to 200000 tons, and establish new cold stores, stores for saving seeds to solve stores shortage in […]
THE government has set up a plan aimed at establishing grain warehouses in various strategic areas in the country, an initiative that is expected to cost 55 million Euros( 155.67bn/-), Minister of Industry, Trade and Investment Mr Charles Mwijage has said. The minister revealed the plan in Dar es Salaam yesterday, explaining that the government […]
The value of horticulture production rose 41 per cent last year compared with 2017 on account of good prices. Market data from the Horticulture Department indicates overall sales rose from Sh216 billion in 2016 to Sh305 billion last year. The total value of horticultural produce exported in 2017 increased from Sh101.5 billion in 2016 to […]
There’s been renewed buzz around the need to restrict bee-harming pesticides after an updated assessment confirmed the dangers to insects. It has prompted a fresh battle cry to protect our pollinators, using beautiful pictures and emotive stories about the demise of the honeybee. But pollination isn’t just about the honeybee and protecting pollinators isn’t just […]
THE Country Manager and CEO of DTB-Tanzania, Mr Viju Cherian receives the certificate of recognition for "The Best Risk Management Corporate of the year 2017" from the Internal Auditor General of Tanzania, Mr Mohamed Mtonga during the second graduation ceremony of The Institute of Risk Management Tanzania (IRMT) in Dar es Salaam recently. (Photo: courtesy […]
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