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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

Ultimate Uganda

Inside Opposition electoral reforms

Inside Opposition electoral reforms

The Opposition is seeking leave to table different electoral and constitutional reforms ahead of 2026 General Elections. Daily Monitor has seen seven draft Bills which seek to, among others, amend certain provisions of the Constitution and other Acts of Parliament to split the legislativ

Ultimate Uganda

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

Ultimate Uganda

Musenero tips graduates on engineering mentorship opportunities

Musenero tips graduates on engineering mentorship opportunities

Government has rolled out engineering mentorship opportunities for young graduates to become manufacturing engineers to boost the seven value chains at the Engineering Development and Innovation Centre. The Science, Innovation and Technology Minister, Dr Monica Musenero says the mentorsh

Ultimate Uganda

Airtel Uganda unveils new boss as Murali quits

Airtel Uganda unveils new boss as Murali quits

One of the country’s leading telecommunication company, Airtel Uganda has unveiled a new managing director following the resignation of Mr Manoj Murali who has been at the helm since 2020.Mr Soumendra Sahu will be the new MD effective December 1, 2024 after Muali said he would be resigning

Ultimate Uganda

Opposition question motive of Bill to elect LoP

Opposition question motive of Bill to elect LoP

The Bill mainly wants Opposition leaning MPs to elect the Leader of Opposition (LoP). Opposition political parties have asked Parliament to trash the Administration of Parliament (Amendment) Bill, 2024 that chiefly seeks to have the Leader of Opposition in Parliament (LoP) elected. T

Ultimate Uganda

50 per cent of Fort Portal wetlands drown in destruction - study

50 per cent of Fort Portal wetlands drown in destruction - study

About 50.9 percent of Fort Portal City's total wetland area has been degraded due to human activities, a new study has revealed. According to the study by Aid Environment, commissioned by Join for Water in collaboration with Fort Portal City, wetland cover reduced from 537.4 hectares to

Ultimate Uganda

Uganda's activists face increasing digital violence

Uganda's activists face increasing digital violence

Four years ago, the coronavirus pandemic increased human reliance on technology which enabled virtual engagements. Research by the National Library of Medicine, a US-based biomedical informatics and the world's largest biomedical online library shows that the Covid-19 imposed restr

Ultimate Uganda

Now’s a good time to stop looking back in anger at the colonial era

Now’s a good time to stop looking back in anger at the colonial era

This year’s Independence Day, celebrated yesterday, is more special than usual. Although the British declared Buganda a protectorate of the crown in 1894, it was not until the defeat of Omukama Kabalega of Bunyoro in 1899 that a tipping point in the subjugation of the existing pre-colon

Ultimate Uganda

'Theft of public funds was a shameful thing back then'

'Theft of public funds was a shameful thing back then'

You will be making 79 in November. With the benefit of hindsight, has Independence been worth it? Independence was a positive development that came at the right time. Colonialism was no longer viable. But, I am not sure whether we have successfully utilised Independence to the advantage

Ultimate Uganda