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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

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Clearing Agents Convicted Over Fake Government Vehicle Registration

Clearing Agents Convicted Over Fake Government Vehicle Registration

Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges involving the fraudulent registration of a motor vehicle. Jibril Jimmy Waibale, a director at Easthood Logistics Limited, and Halimah L

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Government Loses Over Shs 1 Billion in Karamoja Stone Dealer Royalties

Government Loses Over Shs 1 Billion in Karamoja Stone Dealer Royalties

Moses Lokiru, Moroto – The Government of Uganda has suffered a significant financial loss due to the failure of stone dealers in Karamoja to remit royalties. Investigations have revealed that over Shs 1 billion was diverted to individuals within the police mineral protection unit deployed in the r

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Vision Group seeks Shs25b in new share sale 

Vision Group seeks Shs25b in new share sale 

Vision Group, which produces newspaper and broadcast titles including New Vision and Bukedde, among others, has told shareholders that it has reached an understanding in which government will acquire more 156.25 million shares to bolster its operating capital. The company, listed on the

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Kiteezi tragedy: Survivors struggle with loss, relocation plans

Kiteezi tragedy: Survivors struggle with loss, relocation plans

The Kiteezi landfill tragedy is a few days shy of a two-months anniversary. The grief is still too raw for survivors and bereaved families. The gut-wrenching calamity befell residents of Kiteezi in Wakiso District on August 10, claiming the lives of more than 35 people and destroying pro

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The new Ugandan tribes. How cool?

The new Ugandan tribes. How cool?

Over a year ago we reported on what we called the “new Ugandan tribes”, good people who have formed social, cultural, economic, and philosophical communities around a set of experiences, values, and organising that didn’t exist in strong ways until about 10 years ago. Or they could be

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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.

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Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

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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.

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Kinshasa puts Uganda House on notice over unpaid taxes

Kinshasa puts Uganda House on notice over unpaid taxes

The Anti-Fraud Brigade of Kinshasa City in the DR Congo have threatened to seize a commercial house, Uganda House, owned by the Uganda government in Kinshasa over non-payment of property tax arrears to the tune of $443,000. A source, who preferred anonymity because he has no authority to

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