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BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption

MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN Uganda also blamed URA officials for ex

Ultimate Uganda

FWSL openers: Hits and misses

FWSL openers: Hits and misses

The 2024/25 Fufa Women's Super League (FWSL) got off to a flyer on Friday. Six games in three days produced nine goals and seven different scorers. Three of the matches ended in stalemates. Nabukenya ruthless Agnes Nabukenya looked fresh and rested. She started from where she lef

Ultimate Uganda

FWSL openers: Hits and misses

FWSL openers: Hits and misses

The 2024/25 Fufa Women's Super League (FWSL) got off to a flyer on Friday. Six games in three days produced nine goals and seven different scorers. Three of the matches ended in stalemates. Nabukenya ruthless Agnes Nabukenya looked fresh and rested. She started from where she lef

Ultimate Uganda

Lugogo rivals KCCA, Nec lay down the marker

Lugogo rivals KCCA, Nec lay down the marker

As the saying goes, well begun is half done, and that can't ring truer this StarTimes Uganda Premier League season.  After three matchdays have unfolded, KCCA and Nec - two sides sharing Lugogo Stadium - have laid down a marker, bossing the summit of the table and showing no signs of sl

Ultimate Uganda

Ex-Amuria MP Onapito Ekomoloit is dead

Ex-Amuria MP Onapito Ekomoloit is dead

Veteran journalist and former legislator in the sixth Parliament, Francis Ekomoloit Onapito is dead.The former Amuria County MP and regular panelist on KFM was announced dead on Friday morning after a short illness. He was aged 58. "On behalf of the Teso community and the country at

Ultimate Uganda

NSSF savers to get 11.5% interest 

NSSF savers to get 11.5% interest 

Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen

Ultimate Uganda

Uganda Shilling Gains While Stanbic Rises, MTN Slips

Uganda Shilling Gains While Stanbic Rises, MTN Slips

The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 3688/3698, up from its opening position of 3695/3705, while trading at the Uganda Securities Exchange (USE) saw five counters involv

Ultimate Uganda

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.

Ultimate Uganda

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.

Ultimate Uganda

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

Ultimate Uganda