Business •
17 Oct '24
The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
17 Oct '24
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,
Business •
16 Oct '24
A 96th-minute winner from Sadio Mane earned Senegal a 1-0 win over Malawi and a place at the Africa Cup of Nations finals in Morocco next year, but Ghana are in serious danger of missing out after a surprise loss to Sudan on Tuesday. Senegal had 30 attempts at goal against their hosts bu
Business •
16 Oct '24
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
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
Rwanda and the Democratic Republic of Congo have signed a joint undertaking to stick to the mediation of Angola and avoid escalating the tensions over the M23 rebellion in DRCâs east. A dispatch after delegations led by their Foreign ministers met in Luanda said Kigali and Kinshasa
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
They advise Ubos to revisit its data collection methodologies to account for the challenges faced by people with disabilities, such as underreporting and lack of access to services. People with disabilities (PWDs) in Uganda have rejected the recent data released by the Uganda Bureau of S
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