UK gov’t presents FSD Uganda to Gates Foundation

The UK Government has stepped down from funding Financial Sector Deepening Uganda (FSDU) and handed over that role to the Bill and Melinda Gates Foundation, it said on June 15 in a…

URA to start collecting VAT from Netflix, Uber

Uganda Revenue Authority has established mechanisms to start collecting VAT from non-resident service provider companies operating in the Ugandan economy. Collection of VAT from these companies is starting effective 1st July 2022,…

BAT Uganda approves Shs 10.2 billions stakeholder dividends pay

“Despite the adverse impact of an exceptionally difficult trading environment in 2021, we are happy to have made a profit resulting in a dividend payout to our shareholders. BAT Uganda’s business fundamentals…

Dorothy Kabagambe promoted to CEO ATC Uganda

Dorothy Kabagambe Ssemanda has been promoted to CEO for ATC Uganda, effective July 1, 2022, replacing Michael Magambo. She has been the Chief Finance Officer, the first Ugandan to hold the position.…

Some pump attendants give fuel less than what has been paid for

 Government agencies and petroleum marketing companies are divided on whether or not to resume the countrywide crackdown on fuel stations that violate standards. These activities were suspended when COVID-19 broke out more…