Business •
23 Oct '24
Because it is the Pearl of Africa!" International Olympic Committee (IOC) President Thomas Bach put his reasons for visiting Uganda quite succinctly after he touched down at Entebbe International Airport on Tuesday. Bach, clad in a white shirt and grey pants, touched down at around
Business •
22 Oct '24
Sometime in July, Deputy President Rigathi Gachagua refused to have meals and drinks prepared by state-assigned staff at his official residence in Karen. Instead, Mr Gachagua would eat food prepared at his private home in Karen by his wife, Dorcas. The meals would be delivered to his off
Business •
21 Oct '24
More than 80 percent of women seeking treatment for breast cancer in Uganda are diagnosed at a late stage of the disease. According to Global Cancer Statistics 2022, breast cancer accounts for about 23.3 percent of all cancers in women, making it the second most common cancer among women in
Business •
21 Oct '24
A high-stakes meeting between President Yoweri Museveni, ministers and NRM MPs, and NRM-leaning independent MPs from Lango took place at State House, Entebbe on Friday 18th October, 2024.The seven-hour discussion
Business •
16 Oct '24
Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju
Business •
16 Oct '24
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
Business •
11 Oct '24
Four years ago, the coronavirus pandemic increased human reliance on technology which enabled virtual engagements. Research by the National Library of Medicine, a US-based biomedical informatics and the world's largest biomedical online library shows that the Covid-19 imposed restr
Business •
11 Oct '24
The government has identified a Ghanaian investor to address the Kiteezi landfill crisis. The investor, Dr Joseph Sian Agyepong, was officially handed control of the 36-hectare landfill on October 8. This decision follows the tragic August 10 incident in Wakiso District, where a massive
Business •
11 Oct '24
The parties to the South Sudan High-Level Mediation in Nairobi, often referred to as the holdout groups, are expected to sign the final agreement in November following the completion of nine protocols on key agenda items. The revelations from the mediation team signal a revival of the fi
Business •
09 Oct '24
High public service costs continued to weigh heavily on Uganda’s foreign reserves, resulting in a drawdown of $144.1m (Shs528.7b) in the three months to July. In details contained in the September State of the Economy Report, Bank of Uganda noted that developments in the [balance of pa