Business •
15 Sep '24
The amount of money that the Uganda Electricity Transmission Co Ltd (UETCL) spends to transmit electricity has significantly risen due to an ageing grid, a 2023 value-for-money audit by the Auditor General (AG) has revealed.The audit shows that the actual expenditure for some of the activi
Business •
13 Sep '24
The Ugandan government is proposing to create more new cities amid concerns that the nine cities, which were created in 2020, are already crippling financially and operating under numerous challenges.The Constitut
Business •
13 Sep '24
According to a recent audit conducted by the Louisiana Legislative Auditor's Office, the Louisiana Office of Public Health has come under scrutiny for its mismanagement of finances in the clean drinking water fund for the fiscal year ending in June 2023. Audit F
Business •
12 Sep '24
(Masaka) – The Uganda Revenue Authority (URA) recently participated in the CBS PEWOSA Agri-business Expo held at Pookino Grounds in Masaka City. During the event, URA emphasized that agricultural machinery and animal feeds are exempt from VAT. The expo served
Business •
12 Sep '24
According to the United Nations, artificial intelligence (AI) has the potential to contribute up to $15.7 trillion to the global economy by 2030, of which $1.2 trillion could be generated by Africa. With the potential to unlock significant growth
Business •
12 Sep '24
The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do
Business •
12 Sep '24
Uganda’s Ministry of Trade, Industry and Cooperatives (MTIC) in partnership with the Japan International Cooperation Agency (JICA) have launched the JICA Next Innovation with Japan (NINJA) Accelerator Programme
Business •
12 Sep '24
Civil society organisations under the Uganda Tobacco Taxation Coalition have proposed that government should increase tax on tobacco and related products to 80 percent.The proposal, if implemented, will mean that
Business •
12 Sep '24
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara
Business •
09 Sep '24
In 2023, M&C Saatchi Abel approached CTA Space with a proposal.The South African-based marketing, advertising and communications company was seeking an affiliate marketing agency that would be part of a multi-