A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly assessed taxes and interest to a United Kingdom-based company.
The January transfer window is a notoriously tricky time to do business.But a packed fixture schedule, injuries, keeping up a title charge or fighting to stay up means several Premier League managers have hinted that they will need to go into the market this win
The Ministry of Education and Sports has said it will soon start prosecuting parents who do not provide their children with meals at school. Mr John Chrysostom Muyingo, the state minister for Higher Education, warned that such parents are violating the government’s policy on free educa
The World Investor Week 2024 is an annual week that allows us to reflect on the past year's investments, assess our progress toward future goals, and fine-tune retirement plans. The journey to financial security is not easy and often requires lifestyle adjustments, such as swapping luxu
Uganda’s tea prices at the Mombasa Tea Auction have been holding steady for the past seven weeks, with the latest sale, Number 45, ending on November 5, 2024, at an average price of $1.02 per kilogram (around sh3,760). This price mirrors that of the past two weeks, indicating stability in the mark
Two major events happened last week, and these will forever shape the future of Uganda. The first major event was about my cross-over from Manchester United to FC Barcelona. I have lived the last three years as a fan of Manchester United in hiding. But my Apostle told me henceforth to not as
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter of 2024. The telecom company reported a 29.6% increase in profit after tax, amounting to 460 billion Ugandan shillings for the f
As you near retirement age or contemplate an early retirement, you are faced with significant decisions that bring various financial concerns to the forefront. You might find yourself wondering, "Will I be able to maintain the lifestyle I desire in retirement?" or "What amount can I comforta
A Ugandan has been charged by the England-based Thames Valley Police in connection with modern slavery, according to reports. Ms Lydia Mugambe, according to the Thames Valley Police website, has been charged with three counts, conspiracy to facilitate a breach of UK immigration laws by a
Coffee farmers in Bukomansimbi District are reaping big and savouring the fruits of labour from growing the brown beans. The farmers are now happy owners of gleaming houses and sleek cars while their children have guaranteed access to good schools that were once out of reach for most of
