Business •
22 Jan '25
The Kampala-Entebbe Expressway has marked three years of tolling operations with stellar results, exceeding both traffic and revenue projections.Addressing the media today, Eng. Stephen Kitonsa, the Acting Enginee
Business •
22 Jan '25
Donald Trump, after being sworn in as the 47th President of the United States, delivered a 30-minute inaugural speech outlining his policy agenda. Key promises included a crackdown on immigration and a focus on dismantling diversity, equity, and inclusion initia
Business •
07 Jan '25
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.
Business •
07 Jan '25
David Kalemera, the embattled head of Uganda’s State House Revenue Intelligence Unit, has been relieved of his position and reassigned to the Ministry of Foreign Affairs.This decision comes less than a year afte
Business •
06 Jan '25
President Yoweri Museveni has cautioned residents of Busia against engaging in smuggling, describing the practice as harmful to Uganda’s economy and a threat to national development.Addressing a crowd along Cust
Business •
03 Jan '25
Jim Spire Ssentongo has highlighted significant issues faced by a retired employee in his dealings with the Uganda Revenue Authority (URA), bringing attention to the challenges retirees encounter within bureaucratic systems.
Business •
10 Dec '24
Juba, South Sudan — November 21, 2024: South Sudanese President Salva Kiir has made sweeping changes to the country’s security and financial leadership.In a series of decrees broadcast on state-owned South Sud
Business •
25 Nov '24
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carried out by SafariTech - a Kenyan company tha
Business •
15 Nov '24
The Ministry of Energy says opening up new areas will, among others, contribute to the sustainability of oil production. The Ministry of Energy and Mineral Development has opened up three new areas or frontier basins for petroleum activities spanning 17,244 square kilometres across the c
Business •
15 Nov '24
A report by the European Investment Bank indicates that excessive government domestic borrowing has severely impacted the private sector, with many borrowers left with no sources of credit. The report, titled: Finance in Africa, Unlocking Investment in an Era of Digital Transformation an