Mbarara, Uganda — The Uganda Revenue Authority (URA) has called on landlords across the country to voluntarily declare their rental properties and register for rental income tax, warning of steep penalties for non-compliance.
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
In 2023, the Kenyan government had already directed TikTok to enhance content moderation and establish a local office to oversee its operationsThe Communications Authority of Kenya (CA) has ordered TikTok to immediately remove all sexual content involving minors
In the fast-paced world of banking, where numbers often take precedence over people, Grace Muliisa is leading with a different approach one that prioritises service, community, and innovation.As the Managing Director of Ecobank Uganda since 2021, she has set herself apart by focusing on pe
Metaplanet, a Japanese public company, has recently decided to boost its Bitcoin holdings as part of its strategy to manage economic challenges. The company raised 4 billion yen (around $26.39 million) by issuing ordinary bonds to EVO Fund, a debt and financing
In a shocking case of international fraud, where ruthless Ugandans fleeced an American investor Robert Tunner in a fake gold deal, Stanbic Bank officials are said to be in panic mode as DPP sanctions their files for immediate arrest and prosecution. These top ma
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
