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More could have been achieved in last 35 years

More could have been achieved in last 35 years Wednesday May 12 2021 Under President Museveni s reign, privatisation put key sectors of the economy such as banking in the hands of foreigners, which has created exploitative tendencies. PHOTO/FILE Summary By the time President Museveni captured power in 1986, there was a consensus that he inherited a broken economy. Therefore, it has been very difficult to work on a pile of problems that continue to grow year in year out.  Advertisement In the last 35 years of President Museveni’s reign, at least so much has been done but economic analysts and policy experts agree more could have been done because of the will and patience by both Ugandans and development partners. 

Oil deals: Where are the jobs for Ugandans?

Daily Monitor Tuesday April 20 2021 Summary Suppliers online. All companies that will supply goods and services in the oil industry must register on the National Supplier Database through the Petroleum Authority of Uganda website. Advertisement Oil and gas matters are back on the agenda after three crucial agreements were signed by Ugandan and Tanzanian authorities, as well as French oil giant Total, the majority shareholder in Uganda’s oil fields and China National Offshore Oil Corporation (CNOOC). The agreements signed on Sunday April 11, 2021 at State House Entebbe by President Museveni, Tanzania’s President Samia Suluhu Hassan and the chief executive of Total, Mr Patrick Pouyanne, pave way for the eventual Final Investment Decision (FID), a point at which major financial commitments should be undertaken by the oil companies, in this case Total and CNOOC.

Harsh economic realities of 2021 wipe earnings with new taxes and less income

The East African Tuesday January 12 2021 Taxpayers are assisted to file their returns at Kenya Revenue Authority, iTax Support Centre in Nairobi last year. Although the tax rates had dropped on account of the pandemic, they went back to previous percentages. PHOTO | FILE | NMG Summary Despite hopes for a better year, a review of the macroeconomic situation in some EAC countries paints a gloomy picture, not fitting expectations. Advertisement The celebratory New Year mood did not last long for many citizens of East Africa. Individuals are facing the tough economic realities of 2021, weighed down by weakening macroeconomic indicators and depletion of disposable incomes, signalling difficult times ahead.

Uganda: Inside Candidates Plan to Put Money in Your Pocket

Uganda: Inside Candidates Plan to Put Money in Your Pocket
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