Gov’t Kicks Off Issuance of Motorcycle Digital Number Plate
The Ministry of Works and Transport on Friday, November 1, 2024, started issuing digital number plates for motorcycles.
The exercise will however allow a 30-day grace period for all motorcycle owners who registered before November 1, 2024, allowing them to collect their plates from designated locations, namely GM Tumpeco and ABC Ltd, at a fee of sh50,000.
After the grace period expires, motorcycle dealers and owners will be required to reapply for duplicate plates under the new registration regime established by...
Is Coffee Still the Backbone of Uganda’s Economy?
Since time immemorial, coffee has been the backbone of Uganda’s economy and a leading contributor of the economy through foreign exchange. Out of 135 districts in the country, 112 grow coffee, hence making it the backbone of the economy.
The constant development of coffee production has been attributed to the government’s effort to increase coffee production to 20 billion bags per year by 2025. Uganda’s coffee story is in a new and exciting phase. After stagnating at 3-4 million bags...
Museveni Woos French Investors, Calls for a Long-Term Partnership
President Yoweri Museveni has wooed a section of French investors and asked them to consider investing in Uganda.
This was during a meeting with a delegation of 17 French business leaders at State House Entebbe, led by H.E. Celine Gouveia, President of the France-East Africa Business Council, on Tuesday, 29 October 2024.
He emphasized the critical need to escalate French investment in Uganda’s infrastructure development and also reaffirmed building sustainable partnerships that promote long-term economic growth.
During the discussions, President Museveni emphasized...
Financial Intelligence Authority Pushes for New Stringent Laws
The Financial Intelligence Authority is pushing for the enactment of new laws that will permit confiscation of assets belonging to those found guilty of tax evasion and associated money laundering crime.
The FIA Executive Director, Samuel Were Wandera, on Thursday, October 24, 2024, while launching a report on money laundering and terrorism, finance tax crimes and proceeds risk assessment report, legal and regulatory framework, noted that a lack of stringent laws to punish culprits is impeding their operations.
“This law will...
Police Arrest 19 Illegal Immigrants in Kampala
The police working with the Immigration Department at the Ministry of Internal Affairs have arrested 19 foreign nationals who were found to be staying and working in Uganda.
Simon Peter Mundeyi, the immigration spokesperson, said the suspects were arrested from Luzira Industrial Park, Kampala, on Thursday, October 17, 2024, during an impromptu operation conducted by security.
He said the suspects included Chinese, Indian, and Pakistani nationals who had illegally entered the country.
“We are currently processing their files for possible prosecution. We...
Minister Kasaija Warns New UIA Board Against Messing Up with Investors
The Minister of Finance, Planning, and Economic Development, Matia Kasaija, has directed the newly inaugurated Board of Uganda Investment Authority (UIA) not to mess up with the investors.
Kasaija made the directive on Wednesday, October 16, 2024, while presiding over the inauguration of the new board at the Ministry of Offices.
The minister emphasized that the new board should not mess with their roles because if the investors are treated kindly, they will give assistance, in form of investments, and create...