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URA asks companies earning Shs500m annually to submit audited books 

URA asks companies earning Shs500m annually to submit audited books 

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

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World Bank says 26 poorest nations in worst financial shape since 2006

World Bank says 26 poorest nations in worst financial shape since 2006

 The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer

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74 financial institutions now access NIRA database, says BoU

74 financial institutions now access NIRA database, says BoU

Bank of Uganda (BoU) has indicated that at least 74 supervised financial institutions now have access to the National Identification and Registration Authority (NIRA) database. The access, which is part of the plan to enhance the Know Your Customer (KYC) strategy as mitigation against fr

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Charity body seeks funds to sponsor university students

Charity body seeks funds to sponsor university students

The Muhaire Education Trust Fund (METF) has called upon well-wishers and philanthropists to join it in funding the education of needy students across the country. Speaking to Daily Monitor yesterday, Dr William Tsimwa Muhairwe, the founder of METF, said this year the organisation was onl

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FDC Katonga faction charts own course for new party

FDC Katonga faction charts own course for new party

The leaders of the Forum for Democratic Change (FDC) Katonga faction yesterday initiated the registration process for their new party, the People's Front for Freedom (PFF). The acting president, Mr Erias Lukwago, flagged off the collection of signatures from voters across the country.

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From corporate to self -employment

From corporate to self -employment

Transitioning from a corporate job to self-employment is bold and challenging.  Stella Mugera: Pursuing passion Despite her fulfilling role as an economics policy analyst at the Uganda Local Governments (ULGA) Association, where she worked from 2008 to 2015, Mugera knew she wanted t

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FIFA confirm 10-day transfer window which majorly impacts Manchester United and Man City

FIFA confirm 10-day transfer window which majorly impacts Manchester United and Man City

The new transfer window will be used to get around problems created by the Club World Cup, which will take place in the United States next summerFIFA President Gianni InfantinoFIFA have announced plans to introduce a new transfer window next summ

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Uganda Launches Nationwide Coffee Registration Exercise Amid Tight Deadline

Uganda Launches Nationwide Coffee Registration Exercise Amid Tight Deadline

KAMPALA, UGANDA – Government of Uganda through the Ministry of Agriculture, Animal Industry and Fisheries (MAAIF) and Uganda Coffee Development Authority has officially launched a nationwide coffee registration exercise aimed at enhancing sustainability, impro

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UNEB releases 2024 final examination timetable

UNEB releases 2024 final examination timetable

KAMPALA – The Uganda National Examinations Board (UNEB) has officially released the 2024 examination timetable for the Four Examinations (4Es), emphasizing security and holistic assessment of learners in a dynamic environment.

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Mpuuga Accepts DP Bloc’s Endorsement To Challenge Museveni In 2026

Mpuuga Accepts DP Bloc’s Endorsement To Challenge Museveni In 2026

Former leader of opposition, commissioner of parliament and Nyendo-Mukungwe legislator Mathias Mpuuga Nsamba has accepted the endorsement of his colleagues of the DP Bloc to stand for presidency in 2026.“It will

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