Banking agents have become the lifeline of communities, bridging the gap between formal banks and rural clients. Yet, as their role grows, so do the risks they face. Theft, fraud, and unforeseen disasters are lurking threats that can wipe out their hard-earned income in an instant.The answer? A гоbust insurance policy tailored to their unique…
The property sector is yet again at the receiving end of Uganda Revenue Authority’s punitive tax regime. This time, thanks to the Tax Appeals Tribunal (TAT), in their recent ruling in the tax case of Sharad Karia v URA on November 4, 2024.In brief, the ruling, denies VAT exemption for apartments which are furnished and…
Access to financial services, has increased in recent years thanks to the eruption of mobile money. Between its introduction in 2011 to date, more than 10 million accounts have been created far outstripping the banking sector’s numbers. As a result, according to a survey by the Financial Sector Deepening (FSD) financial inclusion in Uganda has…
Back in the 1990s, Uganda adopted several reforms. One of them was creation of semiautonomous agencies. The architects of these (largely donor-driven) reforms promised enhanced efficiency and State capacity to deliver services when bureaucracy in the mainstream ministries is sidestepped. Three decades later, evidence showed that instead, the reforms had fragmented government, increased the cost…
Mr. Paul Muhame, Chairman of the Insurance Brokers Association Uganda (IBAU), has been appointed as the President of the East Africa Insurance Brokers Association (EAIBA) for the year 2025. This prestigious role highlights Mr. Muhame’s significant contributions to the insurance industry and his commitment to advancing best practices across East Africa. With over 20 years…
As we celebrate World Earth Day, it is imperative to reflect on our collective responsibility towards safeguarding our planet for future generations. This day serves as a poignant reminder of the urgent need to address pressing environmental issues and transition towards sustainable solutions. At Kiira Motors, we recognize the pivotal role of green mobility in…
By Wilson Manishimwe Data from the Office of Auditor General’s report indicates that domestic arrears increased from UGX 4.65Trillion in 2021 to UGX 7.55Trillion in 2022, and they keep on accumulating, despite the Finance Ministry’s Strategy to address them. Domestic arrears are generally defined as financial obligations of the Government that remain unpaid beyond the…
True Prosperity will be Found in the Embrace of the Digital Economy. These farmers prove it
