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Uganda loses Shs180b deal as export board goes in limbo

Uganda loses Shs180b deal as export board goes in limbo

Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,

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The dark side of Uganda's boda boda boom

The dark side of Uganda's boda boda boom

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

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We should create markets we have control over, says Rwabwogo

We should create markets we have control over, says Rwabwogo

The Presidential Advisory Committee on Exports and Industrial Development chairman, Mr Odrek Rwabwogo has said Uganda should create markets that it has control over. Speaking during a press briefing to announce the outcomes of the Pan-African Congress Business Forum, Mr Rwabwogo said the

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URA asks companies earning Shs500m annually to submit audited books 

URA asks companies earning Shs500m annually to submit audited books 

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

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Economy posts positive results despite negative predictions

Economy posts positive results despite negative predictions

The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin

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Share of online govt services is now at 40% 

Share of online govt services is now at 40% 

Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,

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DRC government pushes back against US child labour assessment

DRC government pushes back against US child labour assessment

The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps taken to improve on the sector’s governance. The reactions this week followed a US Department of Labour’s report th

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How wooden houses can transform Uganda's housing crisis

How wooden houses can transform Uganda's housing crisis

Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing.  Modern wooden construction is revolutionising the housing market as a sus

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Why is Makerere up in arms after latest varsity rankings?

Why is Makerere up in arms after latest varsity rankings?

Makerere University academic registrar says the rankings are not a true reflection of their performance. Makerere University has poked holes into the 2025 World University Rankings by the Times Higher Education, protesting the institution’s decline of its global standing. The unive

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African music platform to pay $1m in royalties

African music platform to pay $1m in royalties

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

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