Business •
04 Oct '24
Thirty-five Busia District council members have passed a motion to create Lumino District. Busia District Speaker Charles Malowa Kudedi said the resolution came after 35 council members unanimously voted “yes” for the motion that seeks to carve Lumino District out of Busia District.
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 •
01 Oct '24
Opposition leader Bobi Wine has accused President Yoweri Kaguta Museveni of orchestrating a grand plot to dismantle the opposition by infiltrating its ranks and manipulating its key figures.According to Daily Moni
Business •
30 Sep '24
Israel said it bombed Houthi targets in Yemen on Sunday, expanding its confrontation with Iran's allies in the region after killing the Hezbollah leader Sayyed Hassan Nasrallah on Friday in an escalating conflict in Lebanon. The airstrikes on Yemen's port of Hodeidah were in response t
Business •
27 Sep '24
Over $800 million has been pledged to the Africa Centres for Disease Control and Prevention for its fight against a surging mpox outbreak on the continent, the agency's head said on Thursday, adding that the amount was higher than expected. It had previously promised to raise $600 millio
Business •
27 Sep '24
If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab
Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
25 Sep '24
U.S. President Joe Biden announced on Tuesday the donation of 1 million mpox vaccine doses and at least $500 million to African countries to support their response to the outbreak. Biden made the announcement at the United Nations General Assembly in New York, and called on other countri
Business •
25 Sep '24
The Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba's conduct on social media became a subject of debate on the floor of Parliament on Tuesday as opposition MPs called for disciplinary action and a House probe for engaging in partisan politics. The 50-year-old First Son on Saturda
Business •
24 Sep '24
A group of South Sudanese lawyers filed a case to the country's top court on Monday challenging the president's postponement of elections and extension of the transitional government's term for two years. Ten days ago, President Salva Kiir's office announced an extension of the transitio