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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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Pep Guardiola names the one team he doesn’t want Man City to face in the Champions League

Pep Guardiola names the one team he doesn’t want Man City to face in the Champions League

Pep Guardiola’s Manchester City side are one of the favourites to dethrone Real Madrid and win the Champions League in the 2024/2025 season.

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Arsenal injury update: Bukayo Saka, Martin Odegaard and Kai Havertz latest news and return dates

Arsenal injury update: Bukayo Saka, Martin Odegaard and Kai Havertz latest news and return dates

Arsenal prepare for a return to Premier League action at the weekend with a number of important injury concerns still lingering.The Gunners res

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Kenya to send 600 more police officers to Haiti after new gang attacks

Kenya to send 600 more police officers to Haiti after new gang attacks

Kenya will send 600 more police officers to Haiti next month to bolster an international anti-gang mission, President William Ruto said on Friday during a visit by the Haitian prime minister intended to speed up deployments to the force. At least 10 countries have promised to send a tota

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Increase capacity of Lira hospital

Increase capacity of Lira hospital

This week, this newspaper reported on the plight of patients who seek treatment at the Lira Regional Referral Hospital. Built around 1928, some of the facility's structures are dilapidated, according to the facility’s authorities. Although it serves patients from Lango, parts of Teso a

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Kenya to send 600 more police officers to Haiti after new gang attacks

Kenya to send 600 more police officers to Haiti after new gang attacks

Kenya will send 600 more police officers to Haiti next month to bolster an international anti-gang mission, President William Ruto said on Friday during a visit by the Haitian prime minister intended to speed up deployments to the force. At least 10 countries have promised to send a tota

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Why Kampala pubs decorate for Independence Day

Why Kampala pubs decorate for Independence Day

On Wednesday this week, we celebrated 62 years since independence. Deep down, we all know our independence from the British is in name only, there are signs everywhere, but Ugandans never allow such obstacles to stand in the way of fun. We already have a steady supply of depressing news and

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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

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