Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges involving the fraudulent registration of a motor vehicle. Jibril Jimmy Waibale, a director at Easthood Logistics Limited, and Halimah L
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
A driver facing serious charges related to the possession of prohibited goods has been granted bail. On September 25, 2024, Hussein Isabirye was released by the Anti Corruption Court in Nakasero, under the authority of Chief Magistrate Joan Aciro. The court set Isabirye’s bail at sh4 million, with
Kibuli Muslim Hospital has been recognized for its exceptional service to the Ugandan community. During a recent meeting with the hospital’s management team, John R. Musinguzi, the Commissioner General of the Uganda Revenue Authority (URA), commended the hospital’s dedication and sacrifices in s
Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r
More than 400 patients underwent successful surgeries on the first day of the Ankole Surgical Camp, according to Halson Kagure, Public Relations Officer at Mbarara Referral Hospital. The camp, which commenced on September 23, has attracted patients from across the region, with hundreds more a
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the
At least 30 decomposing bodies were found in a boat drifting around 70 km (38 nautical miles) off the coast of Senegal's capital Dakar, the military said on Monday. The navy was informed of the boat's presence on Sunday evening and a patrol boat was immediately deployed to the area, the
U.S. President Joe Biden announced on Tuesday the donation of 1 million mpox vaccine doses and at least $500 million to African countries to support their response to the outbreak. Biden made the announcement at the United Nations General Assembly in New York, and called on other countri
