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
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
Business •
13 Oct '24
The White House’s address may be 1600 Pennsylvania Avenue, but the real road to the presidency runs through the state of Pennsylvania, the biggest prize among the electoral battleground map. According to calculations by elections analyst Nate Silver, the candidate who wins Pennsylvania
Business •
12 Oct '24
The Uganda Railway Corporation (URC) has relaunched its passenger train services on the Kampala-Namanve route, which had been previously halted due to safety concerns. As of October 9, the train will now extend its services beyond Namanve to Mukono, reducing tra
Business •
12 Oct '24
Independent presidential candidate Venancio Mondlane on Friday threatened to call a nationwide strike and bring Mozambique to a standstill if ruling party Frelimo claimed victory in the presidential election. Mondlane told Reuters that, based on figures collected by his delegates at poll
Business •
12 Oct '24
While on the campaign trail ahead of the 2021 poll, Bashir Kazibwe—who would go on to become the Kawempe South lawmaker—was eager to be seen hobnobbing with Robert Kyagulanyi Ssentamu, alias Bobi Wine, the National Unity Platform (NUP) principal. All this would change after Kazibwe joine
Business •
09 Oct '24
President Yoweri Museveni has committed Shs2 billion to support the development of Muslim women’s Savings and Credit Cooperative Organizations (SACCOs) in Uganda. During the inaugural Muslim Women’s Conference, held at Old Kampala Secondary School grounds, Museveni promised to deliver Shs1 billi
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
06 Oct '24
The 2024 census puts Bukedi Sub-region’s population at 2,376,744, with women (1,206,825) outnumbering men (1,169,919). Tororo (609,117), Busia (412,018), Pallisa (330,961), and Butaleja (312,713) are the most populated districts in the sub-region. Other districts include Budaka (281,106),
Business •
06 Oct '24
Kampala Lord Mayor Erias Lukwago recently sent a clear warning to Kampala Capital City Authority (KCCA) councillors that they stand no chance in a fight against him. âThe path they have taken is a dangerous one. If they want to fight me, they should know they canât win that