Business •
17 Oct '24
The number of people who died in traffic incidents in Uganda rose by more than 10 percent in the past decade, despite global road traffic deaths falling by five percent per the World Health Organisation (WHO). Uganda Police Force statistics attributed nearly 45 percent of deaths caused b
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 •
14 Oct '24
Soon, laptops, smartphones, tablets, and other digital devices may be available for use by learners and teachers in primary and secondary schools. This follows the launch of the Digital Agenda Strategy by the Ministry of Education on August 22. A significant development, indeed, for our
Business •
12 Oct '24
A leading African music platform has announced that it is now prioritising hyperlocal markets to enhance the reach and impact of both its artistes and advertisers, focusing on tailored content in key regions across the continent. “This approach has led to specific content development i
Business •
12 Oct '24
In the early stages, Uganda's soils were considered fertile and little was done to improve productivity in a systematic way. However it was soon realised that crop yields in Uganda declined under continuous cultivation due to soil degradation like anywhere else. This is the thinking
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
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f