BaBa TV, URA strengthen tax awareness partnership

Busoga Kingdom official television station, BaBa TV on Wednesday hosted and held fruitful discussions with officials from the country’s tax body, Uganda Revenue Authority (URA) in a bid to strengthen partnership on tax awareness in the country. The meeting was held at the BaBa TV Complex in Ntinda, with the URA delegation led by its…

Nile Breweries joins other top brands to sponsor Radio 4 World Cup commentary

Uganda’s leading Beer Company, Nile Breweries Limited (NBL) through its flagship brand, Nile Special, has joined other leading brands which include MTN Uganda to bankroll 2022 World Cup commentary on Radio 4. The sponsorship which covers commentary of all games, was confirmed by the Station’s Head of Marketing, Ronnie Odrek. “Yes they (NBL) are on…

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People’s Choice Quality Awards: Uganda Baati wins Best Quality Iron sheets category

Uganda Baati Limited was honoured to receive the 2022 People’s Choice Quality Award for providing the Best Quality Iron Sheets on the market. Uganda Baati Limited (UBL) is a member of the Safal Group and is Uganda’s leading provider of superior quality building solutions that include a range of roofing sheets, roof nails, wire products,…

Minister Kasaija: Uganda’s economy got an accident

The Banking industry has defended its changing mode of operation which sections of the public describe as less friendly, saying they have learnt from the effects of global shocks on the businesses and economies generally. In recent times, Bank of Uganda has compelled commercial banks to increase their lending rates even as the demand for…

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Liberty General Uganda, Multilines International Limited Launch Marine and Cargo Insurance

Liberty General Uganda and Multilines International Limited have on Friday officially launched the Marine and Cargo Insurance. This follows the announcement by the Government of Uganda, through the Uganda Revenue Authority (URA) in partnership with the Insurance Regulatory Authority (IRA) who on 1st July 2022, imposed a law mandating all cargo imported into Uganda by…

BOU tightens interest rates as cost of living worsens

The Bank of Uganda has raised the Central Bank Rate, the rate the regulator uses to control the cost of money from the banking industry, to 9 percent from 8.5 percent, at which it has been for only five weeks. The frequent Monetary Policy Statements announcing the upward adjustments are meant to control the spiraling…

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