Uganda's tea industry saw a slight price surge at the recent Mombasa Tea Auction, with the national average climbing to $0.98 (Shs3,605.45) per kilogramme, up from $0.87 (Shs3,200) in August. The recent auctions at the Mombasa Tea Auction, closing on September 17, revealed a notable incr
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
Uganda earned $1.35 billion (about Shs4.990 trillion), from coffee exports between September 2023- August 2024, which indicates that the country now gets more from the oversea market, according to the Uganda Coffee Development Authority (UCDA). The monthly UCDA coffee report for August r
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
(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil
The Equal Opportunities Commission (EOC) has asked the government to stop funding top schools that continue to charge excessive school fees. Ms Susan Nambatya, the EOC research associate, who yesterday spoke at the release of findings of a study on fees charged by government and private
Before the September 14 burial of Ugandan athlete Rebecca Cheptegei at her ancestral home in Bukwo District in Eastern Uganda, pleas were being made for some kind of desperate implementation to end Gender-Based Violence (GBV) being directed towards successful female athletes. Cheptegei,
Zimbabwe plans to cull 200 elephants to feed communities facing acute hunger after the worst drought in four decades, wildlife authorities said on Tuesday.The El Nino-induced drought wiped out crops in southern Africa, impacting 68 million people and causing food shortages across the region.
According to a recent audit conducted by the Louisiana Legislative Auditor's Office, the Louisiana Office of Public Health has come under scrutiny for its mismanagement of finances in the clean drinking water fund for the fiscal year ending in June 2023. Audit F
On September 12, Omukama Oyo Nyimba Kabamba Iguru Rukidi IV will celebrate 29 years on the throne as the reigning monarch of Tooro Kingdom.The cultural event will take place at the kingdom royal palace, Karuziika,
