In spite of the International Monetary Fund (IMF) assistance to salvage the reputation of Dictator Yoweri Museveni’s personal Bank, aka Bank of Uganda. The Bank continues to face serious financial instability that will continue to cause price instability for years to...
Today DP Bloc outed the People’s position on property tax, here is the statement. DP OPPOSES ERIAS LUKWAGO TAX IN KAMPALA. ISSUES 30 DAYS ULTIMATUM TO SCRAP THE TAX The new property tax in Kampala is an Erias Lukwago tax because the act enacted by Parliament...
We welcome the new digital currency and financial system of Facebook ,that will transform the way money moves around the world. The Facebook’s App. Calibra is a digital wallet that will be accessible as a stand-alone app and integrated into Messenger and WhatsApp....
In accordance with Article 155(1) of the 1995 Constitution of the Republic of Uganda and Section 13(13) of the Public Finance Management Act 2015, I presented the Budget proposals for Financial Year 2019/20 to Parliament on 28th March 2019. I applaud Honourable...
crypto currency is a digital currency, but it can be spent on goods and services. However, its most popular use is for trading. As stated above, crypto currency burst onto the market in 2009 with the launch of bitcoin, and although still considered a newcomer to the...
Most of the successful industries and local entrepreneurs in Uganda today started doing business in the 70’s thanks to Idi Amin Dada ‘s affirmative action to support and build a truly indigenous-led economy. That generation has inspired the new breed of...