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Vandals, inside theft and ageing grid damn UETCL

Vandals, inside theft and ageing grid damn UETCL

The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi

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URA: Agricultural Machinery and Feeds Tax Free

URA: Agricultural Machinery and Feeds Tax Free

(Masaka) – The Uganda Revenue Authority (URA) recently participated in the CBS PEWOSA Agri-business Expo held at Pookino Grounds in Masaka City. During the event, URA emphasized that agricultural machinery and animal feeds are exempt from VAT. The expo served

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Five core Business areas where AI can drive Revenue

Five core Business areas where AI can drive Revenue

According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth

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Exposed: 60 Rogue Loan Apps Ugandans Must Avoid Like the Plague

Exposed: 60 Rogue Loan Apps Ugandans Must Avoid Like the Plague

Uganda’s Newest ‘Kijambiya’ Threat: 59 Illegal Loan Apps to Avoid Like Bad ‘Kalo’In a city where everyone’s got a side hustle and a dream to escape the infamous ‘muzigo’ life, there’s a new preda

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External Budget financing on the decline, says Kasaija

External Budget financing on the decline, says Kasaija

The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do

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King Oyo gives Tooro a royal touch of success

King Oyo gives Tooro a royal touch of success

On September 12, Omukama Oyo Nyimba Kabamba Iguru Rukidi IV will celebrate 29 years on the throne as the reigning monarch of Tooro Kingdom.The cultural event will take place at the kingdom royal palace, Karuziika,

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Uganda has navigated post-Covid-19 recovery well, says IMF

Uganda has navigated post-Covid-19 recovery well, says IMF

The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara

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PDM: LCII chairperson detained over extortion

PDM: LCII chairperson detained over extortion

A Local Council official in Bukamansimbi District has been arrested on the directive of the Resident District Commissioner (RDC) on allegations of soliciting bribes from beneficiaries of PDM funds.Mr Bak

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No hand-held phones at school without a policy, says govt

No hand-held phones at school without a policy, says govt

Hand-held devices such as tablets and phones will not be permitted for use by learners in schools until policy guidelines are established, according to the Ministry of Education and Sports.Dr Dennis Mugimba, the m

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Israeli missile strike on Gaza humanitarian area kills at least 40 people, Palestinians say

Israeli missile strike on Gaza humanitarian area kills at least 40 people, Palestinians say

JERUSALEM (AP) — An Israeli strike on an area in the Gaza Strip home to Palestinians displaced by the Israel-Hamas war killed at least 40 people and wounded 60 others, authorities said Tuesday.The Palestinian ne

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