Business •
26 Sep '24
Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges involving the fraudulent registration of a motor vehicle. Jibril Jimmy Waibale, a director at Easthood Logistics Limited, and Halimah L
Business •
25 Sep '24
The ratio of non-performing loans declined to 4.9 percent in the quarter ended June compared to 5.2 percent in March. In its Monetary Policy Report for the period ended June, Bank of Uganda indicated that the decline was largely registered among shilling-denominated facilities for which
Business •
25 Sep '24
A senior lawyer and former Uganda Law Society (ULS) president accused of stealing over Shs4.1 billion meant for war loss compensation to Busoga Growers Cooperatives has withdrawn his applications that had sought to dismiss the charges against him. Mr John Matovu 62, of M/S Matovu & Matov
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23 Sep '24
Kampala socialite Nasser Nduhukire, aka Don Nasser has been remanded to Luzira Prison on charges of aggravated trafficking in children and defilement of a 16-year-old girl. The 38-year-old businessman and resident of Kito village, Kira Town Council, Wakiso District appeared at Buganda Road
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23 Sep '24
High Court in Kampala has ordered the trial of five people accused over the fraudulent transfer of land titles belonging to the National Social Security Fund (NSSF) for land at Lubowa in Wakiso District. This follows a successful appeal by the Directorate of Public Prosecutions. On M
Business •
23 Sep '24
Republican Donald Trump said that he will not make a fourth consecutive run for the U.S. presidency if he loses the November 5 election, saying "that will be it" in an interview released on Sunday. Asked if he saw himself running again in four years if he is not successful in his third c
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23 Sep '24
The Anti-Fraud Brigade of Kinshasa City in the DR Congo have threatened to seize a commercial house, Uganda House, owned by the Uganda government in Kinshasa over non-payment of property tax arrears to the tune of $443,000. A source, who preferred anonymity because he has no authority to
Business •
20 Sep '24
(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil
Business •
13 Sep '24
President Yoweri Kaguta Museveni has praised the late Gen. Aronda Nyakairima for his transformative impact on Uganda’s voter identification system, which has been a cornerstone of the country’s democracy and stability.
Business •
13 Sep '24
(Kampala) – President Yoweri Museveni, who has been playing monopoly as leader of Uganda for a jaw dropping 38 years, recently claimed he has uncovered the secrets of election rigging. And it is not the usual suspects that are being accused. Accordin