Business •
22 Oct '24
The Kingdom of Saudi Arabia is to pardon an unknown number of Ugandans held in their deportation centres and prisons before repatriating them to Uganda after negotiations with the government. The number of Ugandans to be pardoned will be known 60 days from now after Saudi Arabia has carr
Business •
21 Oct '24
A report by the Ministry of Finance has indicated that works on critical infrastructure that seeks to connect all estates in the Kampala Business and Industrial Park, also known as the Namanve Industrial Park, remain far behind schedule less than a year to the planned completion date. Go
Business •
21 Oct '24
Local leaders in Kyotera District have tasked the government to explain the delayed commencement of the Mutukula Regional Market which has failed to take off four years after a foundation stone was laid. The Shs2 trillion project had started in 2020 but stalled a few months due to the Co
Business •
21 Oct '24
Rumours of ill-health have engulfed two African presidents in recent weeks, sparking contrasting responses and exposing how the wellbeing of leaders is often treated as a state secret. It started with Cameroon's President Paul Biya, 91, whose ministers denied that he was sick, insisting
Business •
21 Oct '24
As the country gears up for the 2026 General Election, the Electoral Commission (EC) has announced more than 13,000 job slots. The job call issued last Wednesday seeks to recruit 2,300 sub-county election officers and 10,717 to oversee the exercise countrywide. The general election i
Business •
21 Oct '24
KAMPALA – President Museveni has told public school teachers across Uganda that the government remains committed to enhancing their salaries, but the increase will be implemented in phases. Speaking at the
Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
16 Oct '24
A 96th-minute winner from Sadio Mane earned Senegal a 1-0 win over Malawi and a place at the Africa Cup of Nations finals in Morocco next year, but Ghana are in serious danger of missing out after a surprise loss to Sudan on Tuesday. Senegal had 30 attempts at goal against their hosts bu
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