Business

Increasing tax flow Key to financing Uganda’s growth, development

Business
Improving tax revenue is essential to sustaining economic growth in Uganda, according to a recent economic analysis for the country. The Uganda Economic Update, Financing Growth...

Australian firm launches rights issue to raise Shs11.8b for Busumbu and Bukusu mines

Business
Australian company, Black Mountain Resources Limited is to spend much of the month of May trying to convince its shareholders to participate in a...

Foreign lenders give Shs177.3b to SCOUL

Business
Sugar Corporation of Uganda Limited (SCOUL), the third largest sugar plant in Uganda, recently received €40 million (about Shs177.3 billion) from France’s Proparco to...

WB official urges gov’t to improve capacity of URA to collect more taxes

Business
Government must improve the capacity of tax collection agencies like the Uganda Revenue Authority (URA) if it wants to collect more tax revenue, a...

Umeme boosts industrialization in Tororo district

Business
Tororo district located in eastern Uganda on the border with Kenya has of recent witnessed an increase in the number of industries setting their...
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