The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,
Uganda Revenue Authority (URA) has rolled out new income tax compliance measures that will require businesses with an annual turnover of Shs500m and above to submit audited financial statements, together with their tax returns. The submitted documents, according to URA guidelines, will h
The White House’s address may be 1600 Pennsylvania Avenue, but the real road to the presidency runs through the state of Pennsylvania, the biggest prize among the electoral battleground map. According to calculations by elections analyst Nate Silver, the candidate who wins Pennsylvania
The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps taken to improve on the sector’s governance. The reactions this week followed a US Department of Labour’s report th
The government has terminated its agreement with Tibet-Hima Mining Company for the management and operation of Kilembe Mines, which is a major step forward for Uganda's mining industry.This judgment was taken in r
Independent presidential candidate Venancio Mondlane on Friday threatened to call a nationwide strike and bring Mozambique to a standstill if ruling party Frelimo claimed victory in the presidential election. Mondlane told Reuters that, based on figures collected by his delegates at poll
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in Bern, Switzerland. World Post Day was declared at the UPU Congress in Tokyo, Japan, in 1969, and since then, countrie
The Growth Opportunities and Productivity for Women Enterprises (GROW) Project has disbursed Shs18.9b in loans to 1,193 women entrepreneurs across Uganda, Minister of Gender, Labour and Social Development, Ms Betty Amongi, announced. "The 83 per cent loans going to women in small busines
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
