HOW TO START AND OPERATE A SAVINGS AND CREDIT CO-OPERATIVE SOCIETY IN UGANDA.

Overview

The UPDF SACCO WAZALENDO has assets of over UGX270 Billion. On their own, the Soldiers may never have been able to amass such wealth. Centenary Bank as we know it today is a creature of a few likeminded individuals who brought their resources together and built the institution to what it is now. It is clear from these examples that joining and starting a SACCO is a wise thing to do. In this Article, I explain what a SACCO is, its benefits, the legal process of registering and operating one.

A CALL FOR REGULATION OF THE HERBAL MEDICINES INDUSTRY IN UGANDA

Overview

In this Article, I write about Uganda’s herbal medicine industry, and make a call for its regulation. Although proper regulation of the industry would have immense health benefits, the call I make is more from the commercial side of things. I share details about the growing global market trends in the consumption of herbal medicine and opine therefore that government needs to pay more attention to this industry due to its potential economic benefits.

How To Handle Unlawful Dismissal

Employment is the backbone of our social structure and the end game of the education system. It has permeated its place in the society as a bedrock of survival and a catalyst for human development. This conundrum arose mainly as a result of the birth of monetised economies fuelled by capitalists’ desires to make more profits at...

How to Compute Rental Tax

In this article I analyze provisions of the Income Tax Act Cap 340 as amended by the Income Tax (Amendment Act) 2014, on rental tax and break down in simple terms how to compute rental tax. I demonstrated the advantage that companies as landlords have over individuals as land lords.

Public Interest and Human Rights Aspects underlying copyright and trademark protection in Uganda.

Although Intellectual property laws confer proprietary rights on their owners/holders, rights akin to any other form of property, there has always been a separation of treatment ...

Everything Wrong with the Sudhir and Bank of Uganda Ruling

On the 26 th , August 2019, Honorable Justice David Wangutsi delivered a landmark decision in Miscellaneous Application No. 320 of 2019 arising from High Court Civil Suit Number 0493 of 2017 filed by Sudhir Ruparelia and Meera Investments
against Crane Bank in Receivership. By the detailed 22 paged ruling, the said judge dismissed the Bank of Uganda suit ...

Withholding Value Added Tax in Uganda

In July 2018, Uganda, impossed an obligation on certain taxpayers to wihthold value added tax (VAT). Barely three months after its introduction, the implementation of the law was halted and in July 2019, the law wa amended to cure some defects in the previous law. This article explains why the previous law failed and analyses  the 2019 amendment and its possible effect