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IGG recovers Shs2.3b in confiscated assets of thieving public officials

IGG recovers Shs2.3b in confiscated assets of thieving public officials

The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann

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10 Game of Thrones Scenes That Make Book Readers Furious

10 Game of Thrones Scenes That Make Book Readers Furious

The Game of Thrones television series made some large changes from the books. George R.R. Martin was only heavily involved in the first

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Meghan Markle Hit With New Allegations After Staffers Praised Her For Being A 'Kind' Boss

Meghan Markle Hit With New Allegations After Staffers Praised Her For Being A 'Kind' Boss

Meghan Markle is under more scrutiny for her management style as another former staffer describes her as someone who could be a "demon" when things aren't going her way.The fresh allegations come after employees of the Sussexes described them as "kind" an

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Queen Sheebah taking a break: Is it a Risky Move for Ugandan artistes?

Queen Sheebah taking a break: Is it a Risky Move for Ugandan artistes?

September 25, 2024 | Ashraf Habib

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Stars linked to P Diddy – Justin Bieber, JLo, Jay-Z, Usher and Khloe Kardashian

Stars linked to P Diddy – Justin Bieber, JLo, Jay-Z, Usher and Khloe Kardashian

Hip-hop mogul P Diddy is known for his lavish White parties and massive birthday bashes and has rubbed shoulders with a lot of famous A-list stars over the years

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UNHCR calls for long-term solutions for Uganda’s refugees

UNHCR calls for long-term solutions for Uganda’s refugees

The United Nations High Commission for Refugees (UNHCR) Country Representative, Mr Matthew Crentsil, has expressed optimism that the refugee response in Uganda will be funded amid mounting concern of unprecedented shortfalls in funding. Mr Crentsil said while there was heightened apprehe

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Why banks are joining unit trusts party

Why banks are joining unit trusts party

Banks are steadily taking positions, establishing in-house collective investment schemes that have, for long, been traditionally a reserve of fund managers, the majority of which are insurance firms.  The move creates a new dimension, in which assets under management - especially by ins

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

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

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Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

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Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s 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

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