Business •
23 Sep '24
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
Business •
23 Sep '24
Sean "Diddy" Combs used his fame as one of hip-hop's biggest names to coerce women into demeaning sexual acts as part of a long-running scheme of sex trafficking and racketeering, prosecutors said on Tuesday in bringing three criminal charges against him. Combs, 54, pleaded not guilty in
Business •
23 Sep '24
Hundreds of slum dwellers from Nsoba slum in Kawempe Division thronged Nsoba gardens on September 22 to get lunch, a meal that is considered a luxury by most urban poor. By 8am, families that were mobilized by local authorities had already settled at the venue where food was to be
Business •
23 Sep '24
Republican Donald Trump said that he will not make a fourth consecutive run for the U.S. presidency if he loses the November 5 election, saying "that will be it" in an interview released on Sunday. Asked if he saw himself running again in four years if he is not successful in his third c
Business •
23 Sep '24
At the conclusion of the Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates (UAE), in December 2023, member states committed to rapidly decarbonising their energy systems to keep global warming within the 1.5°C threshold. This requires accelerating the clean energy
Business •
23 Sep '24
The Anti-Fraud Brigade of Kinshasa City in the DR Congo have threatened to seize a commercial house, Uganda House, owned by the Uganda government in Kinshasa over non-payment of property tax arrears to the tune of $443,000. A source, who preferred anonymity because he has no authority to
Business •
21 Sep '24
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
Business •
20 Sep '24
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
Business •
20 Sep '24
Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G
Business •
20 Sep '24
The number of confirmed Mpox cases in the country has doubled in eight days, statistics from the Ministry of Health show. As of September 17, the cumulative number of confirmed cases reached 22, up from 11 cases recorded by September 10, the Ministry reported in an update on Wednesday ni