Business •
15 Sep '24
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
Business •
12 Sep '24
(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
Business •
12 Sep '24
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
Business •
12 Sep '24
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
Business •
12 Sep '24
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
Business •
12 Sep '24
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,
Business •
12 Sep '24
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
Business •
10 Sep '24
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
Business •
10 Sep '24
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
Business •
10 Sep '24
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