Category: Business

All cross-border markets in Uganda closed over Ebola

All cross-border markets in Uganda closed over Ebola

Tensions are mounting at the Mpondwe-Lhubiriha border post in Kasese District following a decision by authorities to temporarily close cross-border markets as part of measures to prevent the possible spread of Ebola Virus Disease.The closure affects the fish and cattle markets, which are j

Ultimate Uganda

Government, Build Us a Market Too — Kanoni Traders Cry Out Over Poor Working Conditions

Government, Build Us a Market Too — Kanoni Traders Cry Out Over Poor Working Conditions

Traders at Kanoni Daily Market in Gomba District have appealed to government to construct a modern market, citing congestion, poor sanitation, lack of storage facilities and rising losses due to inadequate infrastructure on privately owned land.Traders operating in Kanoni Daily Market in G

Ultimate Uganda

Uganda Exports First Consignment of Chilled Cut Meat to Saudi Arabia

Uganda Exports First Consignment of Chilled Cut Meat to Saudi Arabia

Uganda has exported its first consignment of chilled cut meat packed in cartons to Saudi Arabia, marking a major step in value addition and the country’s growing capacity to meet international meat export standards.Uganda has successfully exported its first consignment of chilled cut mea

Ultimate Uganda

‎Minister Musasizi warns against sabotaging iron ore plant in Rubanda

‎Minister Musasizi warns against sabotaging iron ore plant in Rubanda

State Minister of Finance Henry Musasizi has issued a stern warning against any acts of sabotage targeting the anticipated iron ore factory in Rubanda District.‎‎Musasizi, who also serves as the Member of Parliament for Rubanda East, made the statements following reports of a fierce d

Ultimate Uganda

Whistleblower Exposes Procurement and Financial Anomalies at Uganda Airlines

Whistleblower Exposes Procurement and Financial Anomalies at Uganda Airlines

A series of detailed leaks by whistleblower Brendan A. Wadri has exposed multi-billion shilling procurement controversies, asset diversion, and alleged kickback schemes within Uganda’s national carrier, Uganda Airlines. These revelations emerge amidst an active, high-level crackdown led by the

Ultimate Uganda

Gov’t deficit lowered in April despite revenue shortfalls

Gov’t deficit lowered in April despite revenue shortfalls

Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo

Ultimate Uganda

UCC: Starlink Must Comply with Uganda’s Legal, Regulatory Framework

UCC: Starlink Must Comply with Uganda’s Legal, Regulatory Framework

Since it was announced that Starlink had been granted a licence to operate in Uganda, there has been significant debate around what this means for Uganda’s communications sector and the terms of the licence in particular.Taxation of Starlink and data sovereignty are two of the key issues

Ultimate Uganda

Kampala Traders Applaud Museveni’s Anti-Corruption Drive

Kampala Traders Applaud Museveni’s Anti-Corruption Drive

The Federation of Uganda Traders Associations (FUTA) also called for tougher penalties, asset recovery from implicated officials, and greater inclusion of business-minded leaders in key economic ministries to improve service delivery.Traders in Kampala have welcomed government’s intensif

Ultimate Uganda

URA fined Shs138 million for taxing church-based NGO which imported soya cereal for refugees

URA fined Shs138 million for taxing church-based NGO which imported soya cereal for refugees

The High Court has ordered the Uganda Revenue Authority (URA) to refund more than Shs 73.5 million to the Pentecostal Assemblies of God (PAG) after ruling that the tax body illegally collected Value Added Tax (VAT) on humanitarian food aid imported for South Sudanese refugees.In addition,

Ultimate Uganda

Tea Farmers in Anger After Bushenyi High Court Dismisses Case Against Igara Tea Factory Board

Tea Farmers in Anger After Bushenyi High Court Dismisses Case Against Igara Tea Factory Board

Tea farmers in Bushenyi have expressed anger and frustration after the High Court dismissed their case against the Igara Growers Tea Factory board, ruling that the matter should have been handled by the Uganda Registration Services Bureau, leaving the leadership dispute unresolved.Tea farm

Ultimate Uganda