Former NSSF MD Richard Byarugaba joins Equity Group
Richard Byarugaba has joined Equity Group Insurance to lead its new asset management subsidiary as the company expands into wealth management services.Equity Group Insura...
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New PAYE direction raises more questions than answers
There is a silent frustration growing among Ugandan employees. Not because people do not want to pay taxes.Most salaried workers already understand that taxation is part...
Kampala Hair Shop Linked to Shs13M Fraud on Bank Account in Singapore
Kampala hair shop has been linked to the fraudulent use of a Singapore woman’s credit card, resulting in the theft of UGX 13 million through three unauthorised transact...
Ugandan accountant embezzles Shs8 billion from Nick Cannon
Frank Musoke, a former money manager for high-profile clients, is accused of embezzling over 8 billion UGX from American entertainer Nick Cannon. Musoke, a Ugandan nation...
New twist in BoU robbery, 5 Police guards arrested
The economy faces potential instability following the revelation that the seven laptops stolen from the Bank of Uganda on Monday held sensitive information. In response...
Unoc starts discharging 100 million litres of fuel
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expect...
The untold battle: Power struggles and fight over deals at UEDCL
man often meets his destiny on the road he took to avoid it,” the French poet Jean de La Fontaine famously said. The idea is that, despite one’s best efforts to avoid...
Seven killed in separate accidents on major highways
Uganda’s road safety crisis remains a major concern, as recent incidents highlight the growing danger on its roads. In separate crashes, six people died, and several ot...
200,000 jobs in offing as Kapeeka Industrial Park undergoes major transformation
The Uganda Investment Authority (UIA) has announced plans to transform Kapeeka Industrial Park, in Nakaseke district, into a one-stop centre and a district industrial hub...
Labour Day: Inside Mbale park’s daily influx of young workers
At the break of dawn, before Mbale City fully wakes, the Mbale-Kampala road, which leads to Mbale-Sino Industrial Park, is already alive.Thousands of young men and women...