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Confusion as Museveni makes U-turn on mobile money tax

News
President Yoweri Museveni has caused confusion in the public after announcing that the actual tax on mobile money transactions is 0.5 per cent and...

Mobile Money tax risks reversing inroad promotion of financial inclusion- Wilbrod Owor

Business
The Executive director for Uganda bankers association (UBA) Wilbrod Owor says the newly introduced Mobile Money Tax risks reversing the inroads made in promoting...

Gen. Kayihura to Gen. Saleh: I am ready to be tried than ask for forgiveness

News
Former IGP, Gen. Kale Kayihura, has flatly rejected a proposal for him to plead guilty and be forgiven. Sources say the proposal has...

Uganda’s annual quarterly GDP rise 6.4 per cent

News
The year-on-year quarterly gross domestic product (GDP) for the third quarter of 2017/18 stood at 6.4 per cent compared to the growth of 4.5...

CDC exits DFCU after controversial Crane Bank takeover

Business
CDC, Britain’s oldest Development Finance Institution has announced it is quitting its business partnership with the Development Finance Company of Uganda. CDC owns 9.97 per...
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