Business •
21 Oct '24
Kampala, Uganda – October 20, 2024: Ugandan socialite Sheilah Gashumba has once again captured headlines after unveiling her latest luxury purchase—a Range Rover Velar—during a lavish event on Saturday night in Kampala.
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 •
21 Oct '24
Controversy has continued to brew over the government’s Rationalisation of Agencies and Public Expenditure (Rapex) with the Uganda National Road Agency (Unra) and Uganda Road Fund (URF), the latest entities to show a stomach for fighting to the bitter end.
Business •
21 Oct '24
President Museveni had cautioned Uganda’s Permanent Secretaries against engaging in acts of corruption. “On corruption, you have the lead role because you are the one in charge of government money, person
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 •
17 Oct '24
The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
Business •
17 Oct '24
A devastating head-on collision between an Omnibus taxi and a Fuso truck on the Gulu-Kampala Highway in Luweero District on Wednesday claimed six lives and left five others seriously injured. The victims were identified as Rogers Mfitukiza, Charles Opirisa, Ephraim Mugerwa, Joshua Ebong,
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
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