BUSINESS Archives - Whisper Eye

Category Archives: BUSINESS

The chairman COSACE and his team should also open up their eyes widely and see

The chairman COSACE and his team should also open up their eyes widely and see.
Honestly yesterday Mrs. Bagyenda was present before the committee, how dare does she say that she is now out of the country depending on the date the letter she sent in bears!!!

MTN Uganda supplements on Mobile Money Tax

MTN Uganda has today(Saturday) implemented the revised tax measures on mobile money transactions – from 1% to 0.5% on withdrawals only.

The implementation comes after the assenting of the Excise Duty (Amendment) Act (2018) into law by President Yoweri Museveni.

This Act reduces the tax that went into force on 1st July 2018 and limits its application to only withdrawals from customers’ mobile money wallets.

8 BoU staffs implicated in illegal sale of Banks in Uganda

Eight top Bank of Uganda (BoU) officials are facing the spotlight as the parliamentary inquiry into the sale of seven banks including the Shs 200 billion giveaway of Crane Bank to DFCU Bank enters week three.
The 8 are deputy governor Dr. Louis Kasekende and senior bank officials Benedict Sekabira, Timothy Sekirayi, Grace Ndyareeba, Margaret Kasule, Titus Mulindwa, William Kasozi and Justine Bagyenda who has since retired from the central bank under a cloud.

Firing 200 Kinyara sugar workers worries Masindi leaders

Leaders from Budongo Sub County in Masindi are worried following the laying off of workers by Kinyara sugar limited two weeks back.

Indonesian passenger Jet 188 on board crashes into sea

Massive rescue mission underway after Indonesia’s Lion Air crashes into sea: report

An Indonesian jet carrying 188 passengers and crew crashed into the sea Monday shortly after takeoff from Jakarta, prompting a major rescue effort in the region, Indonesia’s disaster agency reported.

Kinyara Sugar factory fires 200 permanent workers

The management of Kinyara sugar limited in Masindi district has fired close to 200 permanent workers with the aim of downsizing the number of workers.

The richest people in the World as of 2018

The Richest People in the World


The richest people in the world have a staggering amount of wealth — comparable to the GDP of small countries for some. Many of the world’s richest, like Microsoft founder Bill Gates, Amazon CEO Jeff Bezos or Facebook co-founder Mark Zuckerberg

Family offers half a million dollars for abducted Tanzania only billionaire

The family of Tanzania’s only billionaire Mohammed Dewji, who was kidnapped last week in Dar es Salaam, on Monday announced a reward of nearly half a million dollars for information on his whereabouts.

Kanye West to meet Museveni and also shoot a music video in Uganda

USA rapper Kanye West and  wife Kim Kardashian arrived in Uganda on Friday afternoon, the top USA couple were flown by a UPDF military  chopper to Chobe Safari Lodge located in Murchison Falls National Park in North-Western Uganda.

Merging of government institutions: Painful but necessary evil – Maseruka Sadat

The Uganda government announced the scrapping and merger of its agencies, commissions and authorities this was due to the excessive costs of running of these authorities, agencies and their boards, to eliminate functional ambiguities and duplication among government institutions.

Bank of Africa apologises to DFCU head Juma Kisaame leaked Bank details

Bank of Africa  has issued unreserved apologies to Mr Juma Kisaame , the Managing Director at Development Finance Company of Uganda Ltd., and its subsidiary DFCU Bank Ltd since 2007

Makerere students demand President Museveni to sack Bank of Uganda top officials

Uganda youthful groups led by Makerere University students called upon  President Yoweri Museveni   to eliminate the top management of Bank of Uganda  accusing them of failure to execute their mandate which has resulted to collapsing of several Uganda banks in the country. 

Zari the boss lady confirmed as Uganda’s tourism ambassador

Things are finally looking up for Ugandan beauty Zari Hassan as the mother of five has been named Uganda’s tourism ambassador.

Ugandans forget refund of Mobile Money tax money – Keith Muhakanizi

The Finance Ministry Permanent Secretary, Keith Muhakanizi has advised mobile money users to forget about a refund of part of the taxes they paid for mobile money transactions because they were collected and spent legally.

Uganda slaps ban the importation of old vehicles

The ban by Uganda government on the importation of vehicles that are older than 15 years from the date of their manufacture has taken effect.

UK tea company reported to court of laws by Kenyan workers

By Abooki Inno

Tea workers in Kenya have filed a case against multi-national company Unilever in the UK’s Supreme Court for allegedly failing to protect them during the violence that followed the 2007 elections in which over 1,000 people were killed.