Business •
03 Jan '25
Jim Spire Ssentongo has highlighted significant issues faced by a retired employee in his dealings with the Uganda Revenue Authority (URA), bringing attention to the challenges retirees encounter within bureaucratic systems.
Business •
10 Dec '24
Juba, South Sudan — November 21, 2024: South Sudanese President Salva Kiir has made sweeping changes to the country’s security and financial leadership.In a series of decrees broadcast on state-owned South Sud
Business •
07 Dec '24
Business •
07 Dec '24
Business •
30 Nov '24
Post Bank has said that its staff colluded and put fake currency in its branch in Mbale.This week, the bank confirmed that its internal control mechanism had discovered counterfeit notes worth sh 500 million in the Mbale branch.Bundles of counterfeit sh 50,000 notes were found on No
Business •
25 Nov '24
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
Business •
20 Nov '24
The Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) is implementing a 6-year project aimed at mitigating the effects of climate change on Uganda’s agricultural sector.Titled the Uganda Climate Sma
Business •
20 Nov '24
(Kampala) â Ugandaâs prisons are operating at 363.6% of their intended capacity, with 76,244 inmates occupying facilities built to hold only 20,996, according to the 2023/24 Justice Law and Order (JLOS) report released at the Commonwealth Resort in Munyonyo.Commissioner General of Pris
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an
Business •
15 Nov '24
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe