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Gov’t has proposed to impose a 5% withholding tax on gains earned from the sale of; land in cities & municipalities, sale of rental property & sale of shares in a private company. Taxpayer are required to remit this money to URA within 15 days after disposal of the assets or pay

The Ministry of Finance has also proposed to exempt payment of tax on electric cars manufactured in Uganda, electric vehicles' charging equipment assembled in Uganda and the VAT exemption has also been proposed on items like; hoes, pesticides, fertilizers & seedlings, cooking

Gov’t has proposed to impose tax on fuel products like; Motor spirit (gasoline) with a rate of Shs1550 being proposed per litre, Gas oil (automotive, light, amber for high speed engine) & a rate Shs1230 per litre and Illuminating kerosene where Shs500 is proposed per litre. The

The Ministry of Finance is seeking to impose an excise duty tax rate of Shs500 per 50Kgs of Cement, adhesives, grout, white cement or lime, in a move that will likely increase prices of these products on the market. Gov’t has also proposed to impose a 10% or Shs75 per litre

The African video game market is forecast to generate around $4.28 billion in revenue this year. With an expected 2027 user base of 212.7 million its projected market volume is anticipated to reach $5.42 billion at that point

Some sectors to be impacted by recent #tax proposals in #Uganda #VentureCapital #PrivateEquity #Fintech & #payments #ElectricVehicles #EVs #Fertilisers #Alcohol Etc Manufacturers, importers, distributors, financiers & professionals to take note of the tax Bills and offer input

Here are the facts on our partner in the Refinery project.👇

Africa's Most Visited Countries (2023) 1. Egypt 🇪🇬 - 14.9 million tourists 2. Morocco 🇲🇦 - 14.5 million tourists 3. Tunisia 🇹🇳 - 9 million 4. South Africa 🇿🇦 - 8.5 million 5. Algeria 🇩🇿 - 2 million+ 6. Tanzania 🇹🇿 - 1.797 million 7. Kenya 🇰🇪 - 1.75 million 8. Zimbabwe

Parliament was infomed by National Council of Sports of the need for Shs790Bn to re-develop Lugogo Sports Complex in a phased manner in order to meet the local & international standards on sports and recreational related activities. According to the Council, once the Facility is

To the Working Men in my following. I would like other people to know about what you do and how great you’re. Use this post and tell us abt your work. Why people should buy from you or hire you and why you think you’re the best from the best. Attach 2 pictures of your best

Godfrey KUTEESA!! I supply and apply epoxy to industrial industrial floors and residential houses

TRUE: The Bank of Uganda observed a rise in the usage of mobile money platforms for online fraud and scams. Mobile money systems have occasionally been the target of cybercrime carried out by agents working with criminals. Therefore, in compliance with Section 55(1)b of the

The KING of billion-dollar brands. Ryan Reynolds. At 47, he is a Hollywood star who owned & sold +$14 billion worth of businesses just for fun. I spent the weekend analyzing his work. Here’s his story, how he did it (and his most genius ads):

We are thrilled to announce that one of our investee companies Enimiro Products Uganda Limited (EPUL) exits the Yield Uganda Investment Fund. site.pearlcapital.net/yield-uganda-i… #InvestmentSuccess #ExitEvent #Enimiro

Private equity investments in east Africa. There is only one giant (for now) - Kenya, with more deals than the others put together, at $3.7bn, more than 7 times larger than either Uganda or Ethiopia Tanzania punching well below it’s potential

Fawn Weaver founded Uncle Nearest to honor the formerly enslaved master distiller who taught Jack Daniel the secret to making great whiskey. Seven years later, she owns the most successful Black-owned liquor empire, worth $1.1 billion. forbes.com/sites/chloesor…

Constitutional Court of South Africa has given a distinction between #fund management and #investment management There is a growing body of Court decisions across #Africa in the alternative investments space e.g funds, private equity, venture capital, financial derivatives, etc

9 Types of Intelligence

Top 10 FDI recipients in Africa for 2023 according to UN Trade and Development 1. Egypt $9.8 billion 2. South Africa $5.233 billion 3. Ethiopia $3.3 billion 4. Uganda $2.886 billion 5. Senegal $2.641 billion 6.

In 1997, Apple was 90 days away from bankruptcy. But with one decision, Steve Jobs surprised their rivals Microsoft and IBM and grew Apple's stock by 9,000% over the next 14 years. Here's the story:🧵