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Vision Group's Shs25b share sale explained

Vision Group's Shs25b share sale explained

On September 24, Vision Group, which is listed on Uganda Securities Exchange as New Vision Publishing and Printing Company Limited, told each of its shareholders in a notice that it had reached an understanding with the government about an intervention to take on a new type of shares in addi

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Water ministry cries out again for funds to desilt River Nyamwamba

Water ministry cries out again for funds to desilt River Nyamwamba

The Ministry of Water and Environment is seeking Shs135 billion from the government to fund desilting and flood protection measures along River Nyamwamba in Kasese District. This river has repeatedly flooded in recent years, causing significant loss of life and property. This request

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Internal Affairs yet to investigate illegal diplomatic passport holders

Internal Affairs yet to investigate illegal diplomatic passport holders

The Ministry of Internal Affairs is yet to investigate how some Ugandans have acquired diplomatic passports, which are reserved exclusively for diplomats. Earlier this month, Mr Rugiirwa Katatumba, son of the late businessman Bonney Katatumba, was seen on social media flaunting an allege

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Kisaka sacking was just a matter of time

Kisaka sacking was just a matter of time

The sacking of Ms Dorothy Kisaka as executive director of the Kampala Capital City Authority (KCCA) was not a surprise to many Ugandans. Critics say it had only been a matter of time. Ms Kisaka assumed office on July 23, 2020 following an initial recommendation by President Museveni

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Kampala Abattoirs Struggle with Serious Hygiene Issues

Kampala Abattoirs Struggle with Serious Hygiene Issues

Kampala’s abattoirs are grappling with significant sanitation challenges that raise concerns about public health and safety. Uganda Meat Packers Limited (City Abattoir), one of the oldest and largest slaughterhouses in Kampala, illustrates the dire conditions faced by slaughter facilities in the c

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Non-performing loans drop but credit extension remains subdued 

Non-performing loans drop but credit extension remains subdued 

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

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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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Uganda loses Shs4.4 trillion to un-commercialised waste

Uganda loses Shs4.4 trillion to un-commercialised waste

The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen

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Councilors approve new market rates for Soroti City market

Councilors approve new market rates for Soroti City market

Soroti City councilors have approved new rental charges for Soroti Central Market, aiming to resolve ongoing disputes between city authorities and vendors. During a special council meeting at city hall today, councilors agreed that vendors should begin paying the new rates to generate re

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Uganda signs Africa water agreement

Uganda signs Africa water agreement

Uganda has solidified its position as a hub for water and sanitation management in Africa by signing a historic host agreement with the African Water and Sanitation Association (AfWASA).  The agreement establishes the African Water and Sanitation Academy (AWASA) in Uganda, marking a sig

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