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The Minister of State for Planning, David Bahati, has listed has listed companies that the Uganda will grant tax exemptions in the next financial year as government seeks to woo more investors into the east African land locked country. Minister Bahati told the Parliamentary Committee on Budget chaired by Ntenjeru North
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Jolly Kamugira Kaguhangire, the newly appointed Uganda Investment Authority (UIA) executive director, has explained how she plans to restore investor confidence. Kaguhangire, who formerly worked at tax collector Uganda Revenue Authority, told journalists at a press conference at UIA headquarters in Kampala on Monday: “My mandate is to see that with
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The Bank of Uganda has steadily lowered its policy rate (Central Bank Rate (CBR)) from 17 percent in February 2016 to 11.5 percent February, 2017. This expansionary monetary policy stance is largely aimed boosting economic growth in view of declining inflationary expectations. As a result of lowering of the CBR,
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