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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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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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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

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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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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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A guide for growing green gram

A guide for growing green gram

Green gram is a leguminous crop that is widely cultivated in Uganda and several Asian countries. Green gram is a source of protein, fibre, iron, and vitamin C and has many health benefits. Green gram can be consumed as whole grains, split pulses, sprouts, or flour. Green gram is also

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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

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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

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