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 •
26 Sep '24
Kampala’s abattoirs are grappling with significant sanitation challenges that raise concerns about public health and safety. Uganda Meat Packers Limited (City Abattoir), one of the oldest and largest slaughterhouses in Kampala, illustrates the dire conditions faced by slaughter facilities in the c
Business •
26 Sep '24
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv
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26 Sep '24
Alison Mary Akello, the former Miss Tourism Teso, departed Uganda on Saturday, heading to Lagos, Nigeria, where she will represent the country at the Miss Tourism Africa – International (MTA) competition. Akello, who handed over her crown in August to the newly crowned Miss Tourism Teso, Betty Aca
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26 Sep '24
The Uganda Tourism Association (UTA) has appointed Muhereza Kyamutetera as its new Chief Executive Officer, effective October 1, 2024. Kyamutetera’s appointment comes at a critical moment for Uganda’s tourism sector as it continues to recover from the significant disruptions caused by the COVID-
Business •
26 Sep '24
Kampala Lord Mayor Ssalongo Erias Lukwago has strongly warned those taking General Muhoozi Keinerugaba’s recent declaration that he was getting out of the Presidential contention to be ready for a heartbreak.
Muhoozi, who has for long been viewed as the most probable successor to President
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26 Sep '24
Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r
Business •
25 Sep '24
In a surprising turn of events, several top officials from the Kampala Capital City Authority (KCCA), including Executive Director Dorothy Kisaka, were recently dismissed from their positions, marking a significant shakeup in the city’s administration.
However, according to the Minister of
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
Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the