BUSINESS NEWS WITH CONSOLATE NAMYALO PROUDLY BROUGHT TO YOU BY STANBIC BANK. URA is to tax government at source.The Auditor General’s report for the financial year 2012/13 notes that the amount of unpaid taxes by government departments was sh31b at the end of June 2013 thus contributing to the lack of funds in the sector. The Uganda Law Reform Commission (ULRC) has cautioned against money-laundering and other related crime which breach customer privacy and affect confidence in the subsector as Uganda moves to regulate mobile money and e-banking. Horticulture has become Ugandas second largest export earner, fetching the country over $190 annually. The sector also employs over 1,500 Ugandans both directly and indirectly thus an effort by Government to improve Horticulture farming in Uganda. Two Kenyans, Joshua Okello and Daniel Gitau Thairu have been listed among the top 10 finalists in this year’s Innovation Prize for Africa (IPA) 2014.This is the first time Kenyans have been listed among finalists since the competition was launched by the African Innovation Foundation in 2011. ELSEWHERE; Crude oil prices have risen amid continuing tensions in Ukraine and concerns about possible disruptions to Russian gas supplies. IN TECHNOLOGY: The figure of tracks being downloaded per week via digital music service has now rocketed to nearly three and a half million a week in 2013 and in the same year, the one billionth download was recorded. FOREX RATES: Currency Buying Selling USD 2,524 2,534 GBP 4,221 4,238 EUR 3,506.01 3,519 KSH 29.14 29.25 TSH 1.55 1.55
Posted on: Mon, 14 Apr 2014 12:21:45 +0000
Recently Viewed Topics
© 2015