How govt intends to milk Shs 10 billion from SACCOs

How govt intends to milk Shs 10 billion from SACCOs

Finance Committee of parliament Chairperson, Henry Musasizi (pictured) recommends that the tax shouldn’t be levied on the gross turnover for companies declaring losses for seven consecutive years Parliament has for the second time rejected the proposed corporation tax on Savings Credit and Cooperative Societies-SACCO’s.  Government had proposed to levy a corporation tax on Profitable SACCO’s in […]

Dear Ugandans, Tobacco Breaks Hearts

Dear Ugandans, Tobacco Breaks Hearts

On 31st May, a 24-hour abstinence from all forms of tobacco consumption around the globe is encouraged as the world observes World No Tobacco Day, writes Victoria University Kampala’s Dr. Anne Muli (Ph.D.) The day is intended to highlight the negative health risks associated with tobacco use.The 2018 theme“Tobacco Breaks Hearts” is to raise awareness to the […]

How dfcu’s revamped Omni-Channel e-banking works

How dfcu’s revamped Omni-Channel e-banking works

PHOTO:  dfcu Bank’s Head of e-banking, Lloyd Busulwa takes members of the media through a live demonstration of the Omni-Channel e-banking platform which has been. Uganda’s third biggest banke, dfcu’s e-banking platform called dfcu QuickBanking first introduced in 2011 has been enhanced for customers using Feature phones, Smartphones and the internet. The announcement was made recently at […]

Sudhir to do business with former Nigerian president Obasanjo

Sudhir to do business with former Nigerian president Obasanjo

One of East Africa’s richest men Sudhir Ruparelia has met former Nigerian president Olusegun Obasanjo in London where the two discussed business, media reports said. The two met at a wedding at Raju Thakrar daughters’ Sabre and Ronak wedding at Hilton Hotel park lane London. The parents of the girl are friends to both Obasanjo […]

Sadolin partners with local investors in expansion plan

Sadolin partners with local investors in expansion plan

Sadolin has today opened two more color centers in Ntinda suburb and the industrial area in a bid to expand market reach and consolidate its position in the Ugandan market. The color centers are setup through franchise agreements with local entrepreneurs and Sadolin. The establishments will offer experiential shopping for high end customers and will […]

Mayor Balimwezo tips new Uganda Baati hub to transform business customer service

Mayor Balimwezo tips new Uganda Baati hub to transform business customer service

Iron sheets maker, Uganda Baati has marked a new chapter in its business customer service innovation by launching a new new customer service centre at its headquarters in Nakawa Industrial Area on Monday. Officiating at the launch ceremony as guest of honour, the Mayor of Nakawa Division in Kampala Capital City, Eng. Ronald Balimwezo Nsubuga, said the launch […]

Emirates profit jump up to 124%

Emirates profit jump up to 124%

Also dominating Uganda’s Middle East routes, leading airline Emirates said on Wednesday its net profits had more than doubled last year, mainly on improved cargo business. The Dubai flagship carrier posted a 124 percent increase in net profit to $762-million (R9.2-billion) in the fiscal year ending in March. “We benefitted from a healthy recovery in […]

MTN coming for your business too

MTN coming for your business too

In June 2015, a report by the Global Entrepreneurship Monitor (GEM) crowned Uganda as the world’s most entrepreneurial nation, beating 72 other nations in the ranking. The report discovered that out of an average of 10 Ugandans, 3 were entrepreneurs. It was a surprise that Uganda, a small country tucked away in Eastern Africa, could beat […]

Mkutano forum targets investment surge in Uganda

Mkutano forum targets investment surge in Uganda

Business people are set to benefit from the inaugural Mkutano investment conference as discussion will focus on how to sustain economic development using the capital markets. Mr David Ofungi, Founder and CEO of DERO, the curators of Economic Mkutano conference due to take place on Tuesday 15, May at Kampala Serena Hotel Conference Centre said […]