Business •
22 Oct '24
“Diversifying into the oil and gas sector has increased the company’s revenue and transformed our global partnerships,” said Mr Derek Natumanya, chief operating officer at ICS Engineering and Environment Company in a recent interview.“This shift has empowered us to invest in technolo
Business •
21 Oct '24
Cancer treatment, depending on the type and stage, may involve a combination of surgery, radiation and chemotherapy, which aims to halt the growth of cancer cells, either by destroying them or inhibiting their ability to multiply. However, chemotherapy is indiscriminate; it targets both
Business •
21 Oct '24
The hope of paving roads from the Ugandan border to cities in the Democratic Republic of Congo has got a lease of life after the transport ministers of both countries signed an amended agreement to develop them. The Uganda Minister of Works and Transport, Gen Edward Katumba Wamala, and h
Business •
21 Oct '24
President Museveni has once again told teachers of humanities that their salaries won't be enhanced soon as they continue investing funds in the countryâs priority areas like infrastructure. Addressing hundreds of teachers during a belated 2024 World Teachersâ Day celebrations
Business •
21 Oct '24
Controversy has continued to brew over the government’s Rationalisation of Agencies and Public Expenditure (Rapex) with the Uganda National Road Agency (Unra) and Uganda Road Fund (URF), the latest entities to show a stomach for fighting to the bitter end.
Business •
21 Oct '24
Goal 6 is directly related to the ease with which access to water, sanitation and hygiene facilities for all citizens is guaranteed. Goal 7 requires that governments ensure that the same is affordably, reliably and sustainably accessible for especially the child
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 Leader of Opposition in Parliament (LoP), Mr Joel Ssenyonyi, has dismissed a Bill that seeks to provide for the election of the LoP. The proposals are contained in the Administration of Parliament (Amendment) Bill, 2024 that was moved by Mityana South County Member of Parliament (MP)
Business •
16 Oct '24
Insurance companies recorded an increase of Shs104.9b in gross written premiums in the first half of 2024. Details contained in the Insurance Regulatory Authority (IRA) performance report indicate that the sector expanded by 12.65 percent from Shs828.9b recorded in the half year ended Ju
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