Total Uganda launches customer expenses card

By Ambrose Gahene TOTAL Uganda card was unveiled to the press last Tuesday at Kampala Serena Hotel, by Mr. Florentin de Loppinot, the Managing Director, Total Uganda Limited. The new TOTAL card is a safe, simple and smart way of managing not only one’s fuel expenses but also  other personal expenses while shopping. The new TOTAL card will not only give customers access to TOTAL EXCELLIUM fuels and TOTAL QUARTZ lubricants but also to other services that include vehicle servicing, TOTAL wash, cooking gas, solar products and a variety of…

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There is optimism that Uganda’s economy will grow in 2018- Analysts

By Drake Nyamugabwa Economic Analysts have said that Uganda is showing signs of resurgence in its economy.  They say; 2017 was a difficult year for most African countries, especially after a long dry spell that brought about a decline in the agricultural productivity. It was a challenging financial year as well with prevailing factors having drained the country’s revenues.Regardless of that, the state is bouncing back and would be among the countries in East Africa booking for a place in the competitive market. The consumer confidence is gradually rising that…

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Reduce cross-border trade costs to grow regional economies

By Agencies The Second World Customs Organization East and Southern Africa Regional Conference kicked off in Nairobi with delegates from COMESA, IGAD and SADC regions discussing the Impacts and the Implication of the Trade Facilitation Agreement. The World Customs Organization Regional Training Centre (WCO RTC Kenya) hosted the region’s senior delegates in the conference with the aim of progressing the trade facilitation agenda, within the WCO Mercator framework at the Kenya School of Monetary Studies. The conference pulled together countries that included Belgium, Ethiopia, South Africa, Malawi, Rwanda, Australia, Mauritius, Botswana,…

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NSSF puts members’ contributions at 11.23 per cent interest

By Drake Nyamugabwa The National Social Security Fund (NSSF) has declared 11.23 percent as interest on members’ contributions for 2016/17 lower that the 12.3 percent interest the Fund declared for the previous year. Finance Minister Matia Kasaija, represented by his deputy Evelyn Anite, declared the interest rates at NSSF’s annual general meeting in Kampala last week. Members in attendance were enthusiastic about the announcement, although it is impressive in the market. NSSF Uganda Managing Director, Richard Byarugaba, says although the interest rate reduced, it is nonetheless above the 10-year inflation…

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