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URA Collects UGX 28 Billion More Than Expected in August

URA Collects UGX 28 Billion More Than Expected in August

(Kampala) – The Uganda Revenue Authority (URA) has reported a  surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent

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PSFU asks govt to address delays in paying domestic arrears

PSFU asks govt to address delays in paying domestic arrears

Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t

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Entebbe flies to new heights with over 200,000 passengers in August

Entebbe flies to new heights with over 200,000 passengers in August

August had the highest number of international passengers going through Entebbe International Airport, the Uganda Civil Aviation Authority (UCAA) has said. “Entebbe International Airport facilitated a total of 212,701 international passengers in August 2024, an average of 6,861 passeng

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Fugitive with UGX 65 Million in Fake Money Disappears at Jinja Bridge

Fugitive with UGX 65 Million in Fake Money Disappears at Jinja Bridge

(Jinja) – Uganda Revenue Authority (URA) officials have once again shown their unmatched talent for sniffing out dodgy dealings at the Jinja Nile Bridge checkpoint. But in typical Ugandan fashion, the plot comes with a twist that would make any seasoned Kampala boda boda rider proud. This time, th

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Insurance Market Impact of Hurricane Francine in Louisiana Explained

Insurance Market Impact of Hurricane Francine in Louisiana Explained

Governor Jeff Landry has confirmed the approval of a major disaster declaration for Louisiana by the White House. This declaration will provide federal assistance for various recovery efforts in the aftermath of Hurricane Francine, including temporary housing, home repairs, and low-cost loans to aid

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Tucson Firefighters Provide Free Narcan to Local Businesses to Combat Opioid Crisis

Tucson Firefighters Provide Free Narcan to Local Businesses to Combat Opioid Crisis

TUCSON, Ariz. (13 News) - In a proactive effort to combat the opioid crisis and save lives, Tucson firefighters have taken the initiative to provide free Narcan to local businesses. Empowering Businesses to Save Lives Tucson firefighters, who are no strangers to responding to overdoses, joined f

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Mushroom Growers Appreciate President Museveni for The Farming Inspiration, Appeal For More Support

Mushroom Growers Appreciate President Museveni for The Farming Inspiration, Appeal For More Support

Mushroom growers in Kampala metropolitan area have appealed to President Yoweri Kaguta Museveni to assist them acquire a collection centre for easy market access and value-addition materials to enable them increase their income base. Princess Nassolo Pauline, a Senior Presidential Advisor- El

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Time Magazine Names Standard Bank Among World’s Best Companies

Time Magazine Names Standard Bank Among World’s Best Companies

Kampala, Uganda – Stanbic Uganda’s mother company—Standard Bank Group, which is also Africa’s largest bank by assets, has been recognised as one of Time Magazine’s World’s Best Companies and Newsweek’s World’s Most Trustworthy Companies. TIME and Newsweek are esteemed media organisat

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Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equity Bank Unveils Digital Savings Options To Boost Financial Inclusion

Equiy Bank has today unveiled a range of new digital savings products designed to help customers save seamlessly, grow their money and reach their financial goals with greater ease.  Accessible through the bank’s Mobile App and online platforms, the offerings include Classic Savings, Call

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PRIMEHow Facebook investment club has amassed Shs749m

PRIMEHow Facebook investment club has amassed Shs749m

Traditionally, investment clubs were small, community-based groups that met regularly to discuss opportunities and pool their resources into low-risk ventures. Today, this landscape has evolved. Modern investment clubs are now boldly pooling funds to venture into higher-risk assets and f

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