Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes. Friends become more attentive, relatives resurface, banks suddenly extend courtesy, and suppliers are willing to offer goods on
Salaam Musumba says that she is very disappointed that her long ‘term boy friend’ Andrew Mwenda has allowed to cheapen himself to work for Anita Among simply because she has money.Appearing on Kewaza media on veteran journalist Kwezi Robinson’s youtube channel, Salaam Musumba said sh
The High Court has ordered the Uganda Revenue Authority (URA) to refund more than Shs 73.5 million to the Pentecostal Assemblies of God (PAG) after ruling that the tax body illegally collected Value Added Tax (VAT) on humanitarian food aid imported for South Sudanese refugees.In addition,
The General, who heads the Patriotic League of Uganda, reportedly believes Museveni’s style of leadership of compromises and concessions to powerful individuals and interest groups is outdated and has become a liability to the nation.Gen Muhoozi Kainerugaba, Chief of Defence Forces and s
The level of panic among the MPs who had been loyal to the current troubled Speaker, Rt Hon Anita Annet Among, has reportedly reached unbelievable levels, as MPs who have been praising her have decided to remove her photos from their phones.After returning from Kyankwanzi, almost every new
Kitgum Main Market is still operating below capacity, more than two years after its commissioning, raising concerns over declining local revenue collection.The 2.6 billion Shillings market, constructed under the Markets and Agricultural Trade Improvement Programme-II (MATIP II), was commis
Uganda Revenue Authority (URA) impounded an enormous consignment of mobile phones, estimated to fill nearly a full shipping container. The taxman believes the value of the phones could yield over one billion shillings in recovered taxes once fully assessed.The operation targeted shipments
Traders and leaders in Bukomansimbi Town Council are appealing for government intervention to secure land for a permanent market, saying years of operating on rented premises have left vendors exposed to poor conditions and uncertainty.Leaders of Bukomansimbi Town Council together with tra
Kampala businessman has been arraigned before the Buganda Road Magistrate’s Court over an alleged multi-billion shilling fertilizer fraud that reportedly targeted an international company.The suspect, identified as Muwonge Ibrahim alias Ibra, was jointly arraigned this afternoon by the S
