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Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government, Stanchart sign Shs 2.747tn infrastructure financing deal

Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.

Ultimate Uganda

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

Ultimate Uganda

M7 Minister Nabbosa Ssebugwawo Publicly Reprimands Newly-Elected MP Zambali at Ssabalangira Musanje’s Burial for Keeping Election Victory Secret from Her

M7 Minister Nabbosa Ssebugwawo Publicly Reprimands Newly-Elected MP Zambali at Ssabalangira Musanje’s Burial for Keeping Election Victory Secret from Her

A dramatic moment stole the show at the burial of Buganda’s Ssabalangira, Godfrey Kikulwe Musanje, in Kasawo, Mukono District on Thursday, when State Minister for Information, Communication and Technology (ICT) and National Guidance, Joyce Nabbosa Ssebugwawo, publicly scolded newly-elected Nans

Ultimate Uganda

There is life outside cabinet – Minister Baryomunsi shrugs off Muhoozi threats

There is life outside cabinet – Minister Baryomunsi shrugs off Muhoozi threats

The minister stressed that he has never lobbied for a cabinet position and would not lose sleep over the possibility of being dropped. Minister of Information and National Guidance, Hon. Dr Chris Baryomunsi, has once again dismissed remarks by the Chief of Defence Forces, Gen Muhoozi Kaine

Ultimate Uganda

Bobi Wine Reportedly Leaves Uganda

Bobi Wine Reportedly Leaves Uganda

The reported departure follows days of heightened tension after Kyagulanyi said he went into hiding on January 16, citing a military raid on his Magere home and fears for his personal safetyBobi Wine speaking during a rally in Luwero last yearKAMPALA — Opposition leader Robert Kya

Ultimate Uganda

You’ll never be minister again - Kainerugaba, Baryomunsi blast each other on X

You’ll never be minister again - Kainerugaba, Baryomunsi blast each other on X

Gen Muhoozi Kainerugaba and ICT minister Chris Baryomunsi have intensified their public feud, trading sharp remarks on X amid growing political tensionsThe rift between Chief of Defence Forces (CDF) Gen Muhoozi Kainerugaba and ICT and National Guidance minister Dr Chris Baryomunsi continue

Ultimate Uganda

Aponye Empire crumbles as banks list properties for auction over debt

Aponye Empire crumbles as banks list properties for auction over debt

The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und

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Museveni Pushes Alternative Justice Systems as Judiciary Faces Backlog

Museveni Pushes Alternative Justice Systems as Judiciary Faces Backlog

President Yoweri Museveni has urged judicial officers to prioritise Alternative Dispute Resolution (ADR) mechanisms as a way of addressing Uganda’s long-standing case backlog. Museveni said judges must actively manage cases and guide litigants towards appropriate resolution mechanisms, noting t

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Ex Bunyoro Kingdom Prime Minister Nyendwoha Mutiti Laid to Rest

Ex Bunyoro Kingdom Prime Minister Nyendwoha Mutiti Laid to Rest

Sunday morning, the people of Bunyoro gathered in Masindi Municipality to bid farewell to Owek. Nyendwoha Mutiti Amooti, the emeritus Deputy Prime Minister of the Bunyoro Kitara Kingdom, former Member of Parliament for Buliisa, and father of Hon. Norah Bigirwa, Buliisa Woman MP.The burial

Ultimate Uganda

IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”

The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to an “investor” is fake.According to the Special Presidential Assistant- Press and Mobilization also Deputy Presidentia

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