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URA asks companies earning Shs500m annually to submit audited books 

URA asks companies earning Shs500m annually to submit audited books 

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

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DRC government pushes back against US child labour assessment

DRC government pushes back against US child labour assessment

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

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How wooden houses can transform Uganda's housing crisis

How wooden houses can transform Uganda's housing crisis

Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing.  Modern wooden construction is revolutionising the housing market as a sus

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Court overturns NUP Lord Councillor’s victory

Court overturns NUP Lord Councillor’s victory

The High Court in Kampala has nullified Ivan Wafula's victory as Makindye East II Lord Councillor, citing irregularities in the January 25, 2021 elections.  Justice Musa Ssekaana ruled in favour of the National Resistance Movement's (NRM) Yasini Omari Assini, declaring him the winn

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Uganda Races to Meet EU Coffee Export Certification Deadline

Uganda Races to Meet EU Coffee Export Certification Deadline

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

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Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect

Kampala Banker Risks Paying UGX 100 Million for Missing Bail Suspect

A Kampala banker, Joel Acidri Cadribo, has been remanded by the Standards, Utilities, and Wildlife Court after failing to produce the suspect he stood surety for. Cadribo, an employee at a city based bank, was arrested on 7 October 2024 and brought before the court for failing to fulfill his respons

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Is your next boss an AI?

Is your next boss an AI?

Imagine a bunch of nerds in the 1960s, sitting around thinking: “Hey, what if we could send messages between these things called computers instead of just passing notes in class?” They proceed to further think: “Let’s make these machines talk to each other so we don’t have to!" And

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Uganda Launches Nationwide Coffee Registration Exercise Amid Tight Deadline

Uganda Launches Nationwide Coffee Registration Exercise Amid Tight Deadline

KAMPALA, UGANDA – Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and Uganda Coffee Development Authority has officially launched a nationwide coffee registration exercise aimed at enhancing sustainability, impro

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INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

INVESTOR SABOTAGE! DFCU bank on spot for freezing diaspora investor’s accounts after refusing to bribe top officials

Dennis Daniel Ssemugenyi left Uganda many years ago to seek greener pastures and his country of destination was Canada.He got a breakthrough ten years ago when together with European friends founded Dennis Daniel

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More than half of employers on NSSF register are not active 

More than half of employers on NSSF register are not active 

Only 26.2 percent of employers registered with the National Social Security Fund are active, according to the NSSF managing director Patrick Ayota. The details above mean that the majority of companies and organisations on the Fund’s register, which stands at least 73.8 percent are

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