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
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 conservative Dutch government is weighing a plan to send rejected African asylum seekers to Uganda, the country's trade and development minister said late on Wednesday. Reinette Klever unveiled the idea during a visit to the East African country, but it was not immediately clear whet
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
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
They advise Ubos to revisit its data collection methodologies to account for the challenges faced by people with disabilities, such as underreporting and lack of access to services. People with disabilities (PWDs) in Uganda have rejected the recent data released by the Uganda Bureau of S
Business •
16 Oct '24
The country’s economic performance got a positive nod in the second quarter of the year, between April and June 2024, expanding by 6.6 percent, despite predictions by analysts that recovery was likely to nosedive, at the start of the year. The Permanent Secretary in the Ministry of Fin
Business •
14 Oct '24
Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr