Business •
17 Oct '24
The Stanbic Purchasing Managersâ Index indicates that businesses faced high input costs, which impacted the cost of production and profitability in September. However, despite increased costs, Stanbic noted that the private sector remained in the growth territory due to expansio
Business •
17 Oct '24
Former One Direction singer Liam Payne was found dead outside a hotel in Buenos Aires after the 31-year-old fell from his third-floor room balcony, Argentine police said on Wednesday. In a statement, the capital police said they were called to the hotel in the capital's leafy Palermo nei
Business •
17 Oct '24
James Bright has been a long-distance driver since 1997. Over time, he has observed that neglecting unusual sounds in a car is one of the poor car maintenance habits that gradually reduce the lifespan of the vehicle. "An unusual sound, even if the car is still moving, could end up causin
Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
17 Oct '24
The number of people who died in traffic incidents in Uganda rose by more than 10 percent in the past decade, despite global road traffic deaths falling by five percent per the World Health Organisation (WHO). Uganda Police Force statistics attributed nearly 45 percent of deaths caused b
Business •
16 Oct '24
Sean "Diddy" Combs was confronted with six new sexual abuse lawsuits on Monday, including one accusing the rap mogul of assaulting a minor. The civil lawsuits were filed a month after Combs was criminally charged for what prosecutors describe as a long-running scheme of sex trafficking a
Business •
16 Oct '24
The Presidential Advisory Committee on Exports and Industrial Development chairman, Mr Odrek Rwabwogo has said Uganda should create markets that it has control over. Speaking during a press briefing to announce the outcomes of the Pan-African Congress Business Forum, Mr Rwabwogo said the
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
Rwanda and the Democratic Republic of Congo have signed a joint undertaking to stick to the mediation of Angola and avoid escalating the tensions over the M23 rebellion in DRCâs east. A dispatch after delegations led by their Foreign ministers met in Luanda said Kigali and Kinshasa
Business •
16 Oct '24
Denis Omedi was on target and Alfred Leku added an own goal for Uganda to come within a point of Morocco Afcon 2025. The 2-1 victory over South Sudan in Juba on Tuesday lifted Ugandans spirits but the party was put on hold following South Africa’s 1-1 stalemate with Congo in Brazzavi