Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
26 Sep '24
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
Business •
24 Sep '24
In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information on tax overpayments in reports used to review taxpayer accounts. This decision has negatively impacted local business owners, leavi
Business •
23 Sep '24
Officials at the Kampala-based Natural Chemotherapeutics Research Institute (NCRI) have said they are seeing more qualified medical professionals enrolling for the course on traditional medicine as integration of modern and traditional medicine takes shape. âOur students are peop
Business •
23 Sep '24
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
Business •
23 Sep '24
Addressing deforestation has become critical in a world grappling with climate change, biodiversity loss, and ecosystem collapse. The European Union (EU) has responded to this challenge with the European Union Deforestation Regulation (EUDR), an ambitious policy designed to curb global defor
Business •
19 Sep '24
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious minds, is set to trim its staff of part time lecturers thanks to a staggering UGX 6.7 billion debt hanging over its head like a hea
Business •
19 Sep '24
(Jinja) – If there is one thing Ugandans know how to do well, it is survival by any means necessary. But Engineer Stephen Bogere, the pride of Jinja, and his trusted dog handler, Wycliffe Ntende, might have taken this survival instinct a bit too far. The duo found themselves on the wrong side of t
Business •
19 Sep '24
A new study reveals that Arizona families are sitting on a massive $360 million in unspent funds allocated for school vouchers, raising concerns among education experts. Unspent Funds Accumulate According to the Grand Canyon Institute, around 60,000 Empowerment Scholarship Accounts (ESAs) have unsp
Business •
18 Sep '24
On Bulabira 2 Road in Najjera, Kira Municipality, Wakiso District, a group of workers plant new seedlings in a bamboo nursery bed. Another group is busy loading and offloading briquettes made from bamboo trees. The workers are under Divine Bamboo Group Ltd founded by Ms Divine Nabaweesi.