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Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Electricity Costs to Remain High Due to Expensive Investments - Prof Nuwagaba

Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici

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Ugandans hail EACOP for orbital welding training

Ugandans hail EACOP for orbital welding training

Ugandan welders have applauded the East African Crude Oil Pipeline company for its recently launched advanced orbital welding training program to equip local engineers and welders with the expertise needed for the region’s largest oilpipeline.Uganda’s oil sector is

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Govt Eyes Billions in New Taxes on Beer, Cigarettes

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes

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Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme Says It’s Been Compelled to Hand Over Electricity Distribution; Considers Arbitration in London

Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r

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URA Urges Landlords to Declare Rental Properties or Face Penalties

URA Urges Landlords to Declare Rental Properties or Face Penalties

Mbarara, Uganda — The Uganda Revenue Authority (URA) has called on landlords across the country to voluntarily declare their rental properties and register for rental income tax, warning of steep penalties for non-compliance.

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Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal

Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal

A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa

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Governance professionals urged to embrace AI in corporate structures

Governance professionals urged to embrace AI in corporate structures

Company directors and secretaries have been called upon to rethink governance in an AI-driven world and explore ways to foster more objective, transparent, and effective decision-making processes.This call was made during the 14th Annual Directors and Company Secretaries Conference, held u

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Govt Officials Urged to Declare Assets Before Deadline

Govt Officials Urged to Declare Assets Before Deadline

Government officials have been reminded to declare their assets, income, and liabilities before the March 31, 2025, deadline to ensure transparency and accountability in public service.The Leadership Code Tribunal, in collaboration with the Inspectorate of Government (IGG), has emphasized

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Uganda’s digital transformation must prioritise human rights, experts warn

Uganda’s digital transformation must prioritise human rights, experts warn

Civil society stakeholders have called for stronger human rights safeguards in Uganda’s digital transformation journey, warning of potential exclusion and privacy risks.Speaking at a multi-stakeholder dialogue in Kampala organised by Initiative for Social and Economic Rights (ISER), Eliz

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President Museveni Approves Copyright Management System to Protect Ugandan Musicians

President Museveni Approves Copyright Management System to Protect Ugandan Musicians

President Yoweri Museveni has given the green light to a new Copyright Management System, aimed at safeguarding musicians’ rights and ensuring they receive fair compensation for their work.Following a meeting with key officials and musicians, including Eddy Kenzo, the presiden

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