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
At the conclusion of the Climate Summit Conference of Parties (COP) 28 in Dubai, United Arab Emirates (UAE), in December 2023, member states committed to rapidly decarbonising their energy systems to keep global warming within the 1.5°C threshold. This requires accelerating the clean energy
Business •
23 Sep '24
The Inter-Religious Council of Uganda (IRCU) has called for more sensitisation of coffee farmers about the registration exercise that seeks to comply with European Union export guidelines. With less than three months for Uganda to comply with the European Union Deforestation Regulations
Business •
21 Sep '24
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
Business •
20 Sep '24
Telecom investments have shored up NSSFâs income, strengthening the Fundâs assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc
Business •
20 Sep '24
The Uganda National Roads Authority (Unra) has added a second ferry at the Masindi Port to ease transport to northern Uganda ahead of the planned closure of the Karuma Bridge, scheduled to begin on September 23. The Unra media relations manager, Mr Allan Ssempebwa, said the new ferry wil
Business •
20 Sep '24
The Embassy of Japan on Thursday gave Uganda a grant of more than Shs1.3 billion to strengthen her emergency and disaster prevention systems. The funding is being availed under the Grassroots Human Security Projects (GGP), a scheme administered by the Embassy of Japan to support commu
Business •
20 Sep '24
Justice and Constitutional Affairs minister, Mr Nobert Mao, has warned that the state of democracy in Uganda is unsatisfactory and called on citizens to demand for better. Mr Mao made the comments yesterday at an event to mark the International Day of Democracy hosted by the Swedish emba
Business •
19 Sep '24
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
Business •
19 Sep '24
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom