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If You’d Invested In Gen Digital 5 Years Ago, Here’s the Gain You’d Have

If You’d Invested In Gen Digital 5 Years Ago, Here’s the Gain You’d Have

Gen Digital (NASDAQ:GEN), the leading provider of cybersecurity solutions, has been a publicly traded company since June 1989. Known for its brands like Norton, Avast, LifeLock, Avira, AVG, ReputationDefender and CCleaner, the company is a key provider of antivirus and identity protection to million

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URA to Hire 1,269 New Staff to Boost Tax Collection

URA to Hire 1,269 New Staff to Boost Tax Collection

The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen

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Govt Eyes Billions in New Taxes on Beer, Cigarettes

Govt Eyes Billions in New Taxes on Beer, Cigarettes

Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes

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The likely future of UEDCL

The likely future of UEDCL

FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th

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URA Urges Landlords to Declare Rental Properties or Face Penalties

URA Urges Landlords to Declare Rental Properties or Face Penalties

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.

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Church of Uganda Calls for Dialogue Over Government’s Controversial School Fees Proposal

Church of Uganda Calls for Dialogue Over Government’s Controversial School Fees Proposal

The Church of Uganda has firmly opposed the government’s proposal to collect school fees through the Uganda Revenue Authority (URA), arguing that the policy would negatively impact the development of schools.Dur

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Makerere Student Takes Over Vice Chancellor’s Office for 2 Days

Makerere Student Takes Over Vice Chancellor’s Office for 2 Days

Elizabeth Gabeya made history this week when she assumed leadership of Makerere University in a symbolic gesture celebrating International Women’s Day.The 21-year-old first-year Mastercard Foundation Scholar, pursuing a Bachelor of Agricultural and Rural Innovation, temporarily stepped i

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Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

Kenyan firm Moves to Seize KIU as Embattled businessman Basajjabalaba defaults on Shs. 57B loan

City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi

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Charles Mbire pays Shs 5 million in Taxes per Day  to URA

Charles Mbire pays Shs 5 million in Taxes per Day to URA

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

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Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa Takes Charge at Stanbic Bank Uganda

Mumba Kalifungwa has officially assumed the role of Chief Executive at Stanbic Bank Uganda, the nation’s largest lender by assets, revenue, and deposits.His appointment was first announced in December of last year.“I am delighted to join Stanbic Bank Uganda. With the suppor

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