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
James Bright has been a long-distance driver since 1997. Over time, he has observed that neglecting unusual sounds in a car is one of the poor car maintenance habits that gradually reduce the lifespan of the vehicle. "An unusual sound, even if the car is still moving, could end up causin
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 •
17 Oct '24
The conservative Dutch government is weighing a plan to send rejected African asylum seekers to Uganda, the country's trade and development minister said late on Wednesday. Reinette Klever unveiled the idea during a visit to the East African country, but it was not immediately clear whet
Business •
17 Oct '24
The number of people who died in traffic incidents in Uganda rose by more than 10 percent in the past decade, despite global road traffic deaths falling by five percent per the World Health Organisation (WHO). Uganda Police Force statistics attributed nearly 45 percent of deaths caused b
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
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