Author: Johnson Thembo
Investors seeking to enjoy tax incentives will have to meet tighter requirements, MPs have resolved. During consideration of the Stamp Duty (Amendment) Bill 2020, MPs have decided to increase the threshold for those seeking to benefit from incentives to employ 70 per cent of Ugandans, who should also collectively earn 70 per cent of the particular company’s wage bill. “A percentage rate of 70 per cent citizens be used to replace the current number of 100 citizens; Citizens employed by the company should earn 70 per cent of the total salary budget for a particular financial year,” proposed MP Henry…
Three (3) patients have recovered from COVID-19 and tested negative twice for COVID-19 after 14 days of treatment. According to the Ministry of Health, They have been discharged from Entebbe Grade B Hospital, today. This brings the total number of recoveries to 7 in Uganda. The government has been emboldened by the rising negative cases in the test samples tested everyday, raising hope that the country is winning the battle against the virus. Uganda’s confirmed coronavirus cases stand at 54 after one more case was registered on Sunday April 12. Director General Health Service at the ministry of Health, Dr.…
PostBank, a financial institution that is committed to empowering people, to transform their lives, has announced that it will re-schedule loan repayments for customers whose lives and businesses have been impacted by the coronavirus (COVID-19) pandemic. This is part of the bank’s effort to safeguard customers against any further impact from the crisis. Announcing the financial support, Mr. Julius Kakeeto, the Managing Director PostBank said; “We welcome and appreciate the guidelines of Bank of Uganda (BoU) to minimise the economic impact on our customers and economy in general. We have therefore decided to extend additional and timely support to our…
Pearl Dairy Farm Limited the producers of Lato Milk, has donated UGX 345 million to the people of Uganda following the government call to the private sector to contribute to efforts against the COVID 19 pandemic. Uganda’s biggest milk processor donated 41,200 liters of liquid milk worth UGX 225 million to the Prime Minister’s office and UGX 120 million to the Indian Association of Uganda. Pearl Dairy Head of Sales, Mr Nirav Patel said, “We are all concerned for the wellbeing of the people of Uganda during this crisis. Good nutrition is essential for both healthy people and those already…
Reigning Miss Uganda Olivier Nakakande yesterday became a blessing to some vulnerable families in Kampala slums. With the caravan that took place in Kalerwe, Nakakande together with officials from the Miss Uganda Foundation donated Easter goodies. According to the soft-spoken beauty queen, the move was driven from the Bible verse of Hebrews 13:16 that stated, “And Do not Forget To Do Good And To Share With Others, For With Such Sacrifices God is Pleased.’ Here are some of the pictures from the drive.
The ministry of Health says three of the 53 Covid19 patients are showing good signs. Three cases have tested NEGATIVE twice and could be discharged soon. These would be Uganda’s first recovered persons of the 53 confirmed cases. Over 300 tested on Thursday were all negative. Yesterday a total of 338 samples tested at Uganda Virus Research Institute have all tested Negative for COVID-19. Confirmed number of cases still stands at 53. Health minister Dr. Jane Ruth Aceng remarked: “Uganda, we can do this- wash hands with soap and water frequently, maintain a safe social distance and stay home. God…
National Water and Sewerage Corporation (NWSC) and MTN Uganda have joined hands to provide 100 public water points to supply water to water stressed areas of Kampala during the Coronavirus (COVID19) outbreak. The areas to benefit include water stressed areas at the periphery of the network which currently receive intermittent supply or no water at all. Each of the 100 spots will be supplied by a 10,000 litre capacity tank that will supply water at the official NWSC public tap tariff of UGX 25shs per 20 liter jerry can. Whereas Kampala Water is currently able to produce 240 million liters…
As the Ministry of Health grapples to contain COVID19, Stanbic Bank has joined a cross section of the private sector in contributing towards the efforts to combat the pandemic with a UGX 100m donation. The contribution is geared towards supporting the government’s efforts in the fight against the pandemic that has so far seen a rise in 52 confirmed cases suffering from the virus. Stanbic Bank Chief Executive Anne Juuko said, “Uganda’s wellbeing and that of the Bank are interdependent. As such our humble contribution is the ultimate expression of our national responsibility and commitment to Uganda’s growth. We…
The Parliament Appointments Committee yesterday interacted with nine presidential nominees to consider their suitability for jobs in the sectors of criminal justice, banking, leadership and governance. Chaired by the Speaker of Parliament, the nominees appeared before the committee on Monday, 6 April 2020. The positions for which the members were vetted include the Deputy Governor, Bank of Uganda, the Director of Public Prosecutions, the Commissioner General and Deputy Commissioner General of the Uganda Prisons Service and board members of the Leadership Code Tribunal. The Parliament Rules of Procedure provide that the Speaker shall communicate to the President in writing within…
MTN Uganda launched a MoMoPay Merchant Code 191919 through which customers can donate funds to support the relief effort, especially for those most affected by the economic and social devastation brought on by coronavirus. MTN customers need to dial *165*3# then enter the code 191919 and donate any amount of money they wish to. Proceeds from this intervention are meant to help fund efforts of the Uganda Red Cross as it works to help combat further spread of the virus and support those who are finding it hard to fend for themselves. Speaking about this initiative, MTN Uganda CEO –…