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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

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Museveni stresses importance of peace, security for business

Museveni stresses importance of peace, security for business

President Museveni has underscored the critical role of peace and security in fostering business success. Addressing participants during the fifth Bi-Annual Private Sector CEO retreat in Kampala on Monday, the President emphasised that the absence of security impedes business operations.

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President Museveni Cautions Leaders Against Using Money in Politics

President Museveni Cautions Leaders Against Using Money in Politics

President Yoweri Kaguta Museveni has cautioned leaders against using money in politics, saying that it’s against the National Resistance Movement (NRM)’s 4th principle of democracy. “With Principle No.4 (democracy), we must remove the pollution of using money in politics. Let all leader

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Proposed five new cities to come with a hefty price tag

Proposed five new cities to come with a hefty price tag

The Ugandan government is proposing to create more new cities amid concerns that the nine cities, which were created in 2020, are already crippling financially and operating under numerous challenges.The Constitut

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PRIME What EABL’s offer to fully own UBL means

PRIME What EABL’s offer to fully own UBL means

Uganda Breweries Ltd (UBL) could soon be entirely owned by its Kenyan parent company, East African Breweries Limited (EABL), if the Tuesday tender offer to purchase its minority stake valued at Shs12.3 billion is successful.

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China’s influence on our economy

China’s influence on our economy

China’s approach to African countries, and Uganda in particular, has been heavily influenced by a shared sense of historical and contemporary struggles against neo-imperialism. This belief has shaped C

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Uganda breaks ground on Ituka project, joining Africa’s solar revolution

Uganda breaks ground on Ituka project, joining Africa’s solar revolution

Power Technology · tukio via Shutterstock.Uganda has become the latest country to join Africa’s solar revolution as Dubai-based renewables developer AMEA Power begins construction of the country’s 24MWp (megawatt peak) solar project.The $19m I

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Kampala’ s Sultan of prosperity opens door to another shopping mall

Kampala’ s Sultan of prosperity opens door to another shopping mall

Sentongo Haruna’s most recent property had taken the town by storm: a newly constructed $24 million penthouse in the heart of Ntinda, perched atop the Haruna Shopping Mall.This penthouse was unlike any other property ever constructed in Africa, a marvel

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Dr. Sudhir to Highlight entrepreneurial Success at UK-Africa investment Summit in London

Dr. Sudhir to Highlight entrepreneurial Success at UK-Africa investment Summit in London

Dr Sudhir will share his business success at the UK-Africa investment summit in LondonThe UK-Africa Investment Summit, set to take place this month, will see the presence of one of East Africa’s most influential business figures, Dr. Sudhir Ruparelia, f

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