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Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ 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

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Govt job renewals will be based on project performance, Ggoobi tells accounting officers 

Govt job renewals will be based on project performance, Ggoobi tells accounting officers 

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

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Uganda loses Shs180b deal as export board goes in limbo

Uganda loses Shs180b deal as export board goes in limbo

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,

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Senegal, Egypt seal finals place but Ghana face uphill battle

Senegal, Egypt seal finals place but Ghana face uphill battle

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

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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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DRC, Rwanda agree – again – to end hostilities  

DRC, Rwanda agree – again – to end hostilities  

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 DRC’s east. A dispatch after delegations led by their Foreign ministers met in Luanda said Kigali and Kinshasa

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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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Census results: PWDs reject ‘erroneous’ data

Census results: PWDs reject ‘erroneous’ data

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

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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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