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Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju

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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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42,000 Africans send their names into space

42,000 Africans send their names into space

More than 42,000 Africans’ names are in a spacecraft launched from the United States on Monday, destined for a faraway moon called Europa that orbits Jupiter.  After a successful launch, the vessel christened Europa Clipper is now travelling in space as it embarks on a journey of 2.9

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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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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

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Uganda's Balagadde builds cargo business in US

Uganda's Balagadde builds cargo business in US

Before starting Crane Cargo, a transport and delivery company based in Boston, Massachusetts, USA, in 2019, Mr Anthony Balagadde accumulated eight years of experience as an operations manager in the US-side transportation and logistics industry.  It helped a great deal that several peop

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Can you really be independent in a relationship?

Can you really be independent in a relationship?

Yesterday, Uganda celebrated its 62nd independence anniversary, a time that always fills me with nostalgia for the more innocent days of my childhood. Those celebrations seemed more vibrant and highbrow back then, sparking a sense of wonder that I cannot quite put into words.  I cannot

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Biden postpones maiden trip to Africa

Biden postpones maiden trip to Africa

US President Joe Biden has postponed his trip to Germany and Angola, potentially ending the excitement surrounding what would have been his maiden trip to Africa since he took power. The White House on Tuesday confirmed the grapevine that had swirled on social media networks over the pas

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