Business •
21 Oct '24
A high-stakes meeting between President Yoweri Museveni, ministers and NRM MPs, and NRM-leaning independent MPs from Lango took place at State House, Entebbe on Friday 18th October, 2024.The seven-hour discussion
Business •
16 Oct '24
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
Business •
16 Oct '24
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
Business •
16 Oct '24
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
Business •
16 Oct '24
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
Business •
14 Oct '24
The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer
Business •
12 Oct '24
The government has terminated its agreement with Tibet-Hima Mining Company for the management and operation of Kilembe Mines, which is a major step forward for Uganda's mining industry.This judgment was taken in r
Business •
12 Oct '24
While on the campaign trail ahead of the 2021 poll, Bashir Kazibwe—who would go on to become the Kawempe South lawmaker—was eager to be seen hobnobbing with Robert Kyagulanyi Ssentamu, alias Bobi Wine, the National Unity Platform (NUP) principal. All this would change after Kazibwe joine
Business •
11 Oct '24
The government faces a Shs36.6 billion shortfall needed to equip refugee learners with vocational skills, threatening efforts to help them secure jobs and become self-reliant. This funding gap has been worsened by reduced financial support from development partners, who had previously pl
Business •
11 Oct '24
Kenya's high court ruled on Friday that a case challenging Deputy President Rigathi Gachagua's impeachment should be referred to the Chief Justice. Kenya's parliament voted on Tuesday to impeach Gachagua on 11 charges including enriching himself and stirring ethnic hatred. The deputy pre