Business •
15 Jul '25
Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report –
Business •
05 Jul '25
NSSF Managing Director, Patrick AyotaKampala, Uganda | The National Social Security Fund (NSSF) has collected at least 1.7 billion Shillings in savings from new contributors employed through its Hi-Innovator program.This comes in after five years of this enter
Business •
25 Jun '25
It begins with a promise. A satellite dish on a tin roof. A blinking terminal in the middle of rural Kisii. Suddenly, a boy can watch a YouTube video without buffering.A teacher downloads a lesson plan in seconds. A clinic sends health records to the capital without delay. It feels like th
Business •
28 Apr '25
Leaders of Kagadi Town Council in Kagadi District have raised alarm over a four-month delay in the remittance of funds from the central government, a situation they say has crippled service delivery and left them with no choice but to borrow from moneylenders.The town council last received
Business •
06 Mar '25
President Museveni has emphasized the need to strengthen Alternative Dispute Resolution (ADR) mechanisms, calling for their expansion to grassroots levels as a more effective and affordablemeans of justice.He made the call while presiding over the swearing-in ceremony of 21 rec
Business •
11 Nov '24
A section of journalists accredited to cover Parliament were denied access to the premises while those who were allowed access were locked up in the basement of the building. On Wednesday, chaotic scenes similar to those that played out at Parliament before the commencement of the debate
Business •
02 Oct '24
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex
Business •
19 Sep '24
Private school administrators have responded to mounting public outcry over what is perceived as unduly high tuition fees, attributing the costs to operational expenses. Although many administrators declined to provide a detailed breakdown of their expenditure, they pointed to utility bi
Business •
18 Sep '24
(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
Business •
17 Sep '24
The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. âThe macroeconomic environment is not without challenges, with high