Economy – Page 11 – 256trends.com

21
Apr

Economy

Modern Tiles Revolutionizes Ugandan Market with Local Production

Amanda Bae / 8 months
0
3 min read

Modern Tiles, a part of the Modern Group of Companies, has launched a state-of-the-art showroom in Kampala, Uganda, challenging the dominance of imported tiles in the market. With a focus on locally sourced raw materials and value addition, the company has slashed tile prices significantly, making them more accessible to consumers. The three have invested […]

19
Apr

Economy

Over 24,000 Taxpayers Voluntarily Adopted EFRIS

Nkunda Ricky / 8 months
0
2 min read

The state minister for finance, planning, and economic development, Amos Lugoloobi, revealed that over 24,000 taxpayers have already adopted the Electronic Fiscal Receipting and Invoicing Solutions (EFRIS), despite the protests by some traders during Parliamentary plenary yesterday, 18th, April, 2024. Despite objections from certain traders, during parliamentary plenary, state Minister for Finance, Planning, and Economic […]

15
Apr

Economy

President Museveni Promotes Urbanization and Industrialization in Uganda

Nkwanzi Sheena / 8 months
0
5 min read

President Museveni visited the Atiak Sugar Factory, stressing the importance of urbanization and industrialization for Uganda’s development. He criticized those opposing the factory’s land use and praised Dr. Amina for her initiative. President Museveni also urged smallholder farmers to adopt more profitable farming practices. President Museveni planting a tree at Atiak Sugar Factory project President […]

14
Apr

Economy

Uganda’s Oil Industry Expansion and Employment

Asekeny Joan / 9 months
0
3 min read

Uganda’s oil sector employs over 13,600 Ugandans, with expectations of significant growth as the country prepares for its first oil production in 2025. National content laws mandate substantial Ugandan employment across various roles within the sector. At least 13,607 Ugandans are currently employed in the nation’s oil sector, and this figure is anticipated to escalate […]

14
Apr

Economy

Uganda’s Green Gold: Scaling Up Hass Avocado Production for Economic Growth

Cherop Amarie / 9 months
0
4 min read

Uganda is leveraging the potential of Hass avocado cultivation to boost its agricultural sector and foreign exchange earnings. With support from government initiatives like NAADS, over 600,000 Hass avocado seedlings have been distributed to farmers. The establishment of processing facilities underscores the growing demand for avocado products. Hass avocado is one of Uganda’s emerging non-traditional […]

04
Apr

Economy

UCDA’s Quality Enforcement Transforms Busoga Coffee Industry

Amanda Bae / 9 months
0
7 min read

The Uganda Coffee Development Authority implemented a four-month ban on irregular coffee harvesting and processing in the Busoga region, aiming to improve the quality of Busoga’s processed coffee. Despite initial resistance from stakeholders, including farmers and traders, the enforcement resulted in significant improvements. When the Uganda Coffee Development Authority (UCDA) rolled out a ban that […]

02
Apr

Economy

Uganda Proposes Tax Reforms: Key Changes in Income and Excise Duties

Nkwanzi Sheena / 9 months
0
2 min read

Government is proposing several tax amendments, including a 5% withholding tax on gains from asset sales, excise duties on various products such as cement and bottled water, and tax exemptions for electric vehicles and certain agricultural items. The Bills are under scrutiny by Parliament committees ahead of the National Budget for the Financial Year 2024/25. […]

02
Apr

Economy

Empowering Uganda’s Economic Growth: The UIA’s Vision for Industrialization

Cherop Amarie / 9 months
0
2 min read

Uganda Investment Authority launched a robust strategy led by Director General Robert Mukiza to bolster economic development and industrialization. Aligned with President Museveni’s directive, the initiative aims to establish 25 industrial parks by 2026, promoting local and international investment. The Uganda Investment Authority (UIA) initiated a bold strategy to enhance Uganda’s economic development and push […]

25
Mar

Economy

Uganda Reaffirms Commitment to Cooperation with Pakistan: Government Chief Whip Emphasizes Trade, Investment, And Global Peace

Cherop Amarie / 9 months
0
2 min read

Government Chief Whip Denis Hamson Obua reaffirmed Uganda’s commitment to cooperation with Pakistan, focusing on trade, investment, and global peace. Speaking during Pakistan National Day celebrations, Obua emphasized Uganda’s intention to boost trade volumes with Pakistan and invited Pakistani investors to explore opportunities in various sectors of Uganda’s economy. The Government Chief Whip, Denis Hamson […]

25
Mar

Economy

Ugandan Firms Secure $7 Trillion in Oil and Gas Contracts

Asekeny Joan / 9 months
0
4 min read

Uganda’s oil and gas sector receives a substantial boost as PAU approves contracts totaling $7 trillion for local companies, signaling promising growth opportunities. Following the announcement of the Final Investment Decision (FID) in February 2022, the Petroleum Authority of Uganda (PAU) has approved contracts valued at approximately $7.16 billion (shillings 28 trillion). Of this amount, […]

Ugandan Saccos Urged on...

Uganda Calls for Increased...

UCC Warns Artistes and...

Prime Minister Nabbanja Leads...

Uganda Announces Vanilla Season...

Prime Minister Robinah Nabbanja...

Modern Tiles Revolutionizes Ugandan Market with Local Production

Over 24,000 Taxpayers Voluntarily Adopted EFRIS

President Museveni Promotes Urbanization and Industrialization in Uganda

Uganda’s Oil Industry Expansion and Employment

Uganda’s Green Gold: Scaling Up Hass Avocado Production for Economic Growth

UCDA’s Quality Enforcement Transforms Busoga Coffee Industry

Uganda Proposes Tax Reforms: Key Changes in Income and Excise Duties

Empowering Uganda’s Economic Growth: The UIA’s Vision for Industrialization

Uganda Reaffirms Commitment to Cooperation with Pakistan: Government Chief Whip Emphasizes Trade, Investment, And Global Peace

Ugandan Firms Secure $7 Trillion in Oil and Gas Contracts

MTN Unveils Sh1b Push for Cashless.

Government To Regulate Real Estate Dealers

New World Bank Director Advocates for.

Electricity Costs Cut on Buggala Island.

Ugandan Saccos Urged on.

Uganda Calls for Increased.

UCC Warns Artistes and.