Business •
27 Sep '24
The stock of unused external debt rose by $500m (Shs1.8 trillion) due to sluggishness in implementation of government projects, according to the Ministry of Finance Debt Statistical Bulletin. The Bulletin, which covers and analyses a wide range of public debt developments, indicates that
Business •
24 Sep '24
In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information on tax overpayments in reports used to review taxpayer accounts. This decision has negatively impacted local business owners, leavi
Business •
20 Sep '24
The Uganda Allied Health Examinations Board (UAHEB) has noted an overall improvement in the performance of candidates in the June 2024 final exams. While presenting the 16th series of final semester examination results at the UAHEB office in Kyambogo, Kampala, yesterday, the board’s ex
Business •
19 Sep '24
Soroti City councilors have approved new rental charges for Soroti Central Market, aiming to resolve ongoing disputes between city authorities and vendors. During a special council meeting at city hall today, councilors agreed that vendors should begin paying the new rates to generate re
Business •
18 Sep '24
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
Business •
18 Sep '24
(Kampala) – Robert Kyagulanyi, aka Bobi Wine, has thrown down the gauntlet to President Yoweri Museveni.
During a press briefing at the National Unity Platform (NUP) headquarters in Kavule on September 16, 2024, Bobi Wine responded to Museveni’s claim that NUP cheated by a cool one millio
Business •
17 Sep '24
The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said. The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi
Business •
15 Sep '24
South Sudan's government has decided to postpone a long-delayed national election until December 2026, the presidency said on Friday, underscoring the challenges facing the country's fragile peace process."The pre
Business •
15 Sep '24
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
Business •
09 Sep '24
The Inspectorate of Government said Uganda lost at least Shs30 billion to the corrupt and registered about 2, 377 graft related complaints in the Financial Year 2023/24, the Ombudsman said on Monday. Â Accor