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Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
Ultimate Uganda
Uganda Investment Authority and British High Commission Mired In Namanve Project Scandal
The Uganda Investment Authority (UIA), under the leadership of Robert Mukiza, in collaboration with Louis Arinaitwe, the Country Director for Trade at the British High Commission (BHC), has become embroiled in a significant scandal.
Ultimate Uganda
To cap or not to cap interest rates
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, the moneylenders’ association has “rejected” the new law, arguing that the government has no right to control what doe
Ultimate Uganda
Ugandan film lands global fellowship
A Ugandan movie is promising to make film lovers turn their eyes and attention to the Pearl of Africa if its potential cast is confirmed. Mr Otim, a movie by filmmaker Isaac Oboth, lists Winston Duke, Brian Ogola, Daniel Kaluya, Melvin Alusa, Forest Whitaker, Ntare Guma, Esteri Tebandeke, Pa
Ultimate Uganda
Recovered human body parts were samples in transit, police say
The controversy surrounding human body parts recovered last Friday night in the middle of the road in Masaka City has taken a new twist with police handing them back to medics. News about these human body parts emerged after SGA Security Company guard Bernard Okello, riding a motorcycle,
Ultimate Uganda
When Uganda danced to product adverts
The transition of FM radio in Uganda in the early 90s was met with many opportunities. Musician Ragga Dee real name Daniel Kazibwe mentions that this is when the Deejay job started to gain respect locally. He notes that music radio hosts progressively imported freestyling from dance club
Ultimate Uganda
Absa in push to ease access to electric motorcycles
Financial technology company, Mogo, has said it has obtained a loan facility from Absa to ease access to electric motorbikes. The company, which indicated that it had previously benefited from Absa’s financing at the group level, said the first tranche of Shs5b had been disbursed.
Ultimate Uganda
‘We’re aware the boda market is built on trust’
Imagine youâre running an asset financing business in Europe and think, âWhy not give East Africa a shot?â So you do the research, find the market, and discover real potential. Thatâs how Mogo Uganda, an asset-financing tech company, landed in Kampala. The
Ultimate Uganda
World investor week: Reflecting on financial fitness and future planning
The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu