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Businesses report improved business environment despite rising input costs 

Businesses report improved business environment despite rising input costs 

The Stanbic Purchasing Managers’ 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

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One Direction singer Liam Payne dead after falling from Buenos Aires hotel balcony

One Direction singer Liam Payne dead after falling from Buenos Aires hotel balcony

Former One Direction singer Liam Payne was found dead outside a hotel in Buenos Aires after the 31-year-old fell from his third-floor room balcony, Argentine police said on Wednesday. In a statement, the capital police said they were called to the hotel in the capital's leafy Palermo nei

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Ssenyonyi slams LoP Bill, warns of fragmentation

Ssenyonyi slams LoP Bill, warns of fragmentation

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)

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Netherlands explores plan to send rejected African asylum seekers to Uganda

Netherlands explores plan to send rejected African asylum seekers to Uganda

The conservative Dutch government is weighing a plan to send rejected African asylum seekers to Uganda, the country's trade and development minister said late on Wednesday. Reinette Klever unveiled the idea during a visit to the East African country, but it was not immediately clear whet

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The dark side of Uganda's boda boda boom

The dark side of Uganda's boda boda boom

The number of people who died in traffic incidents in Uganda rose by more than 10 percent in the past decade, despite global road traffic deaths falling by five percent per the World Health Organisation (WHO). Uganda Police Force statistics attributed nearly 45 percent of deaths caused b

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We should create markets we have control over, says Rwabwogo

We should create markets we have control over, says Rwabwogo

The Presidential Advisory Committee on Exports and Industrial Development chairman, Mr Odrek Rwabwogo has said Uganda should create markets that it has control over. Speaking during a press briefing to announce the outcomes of the Pan-African Congress Business Forum, Mr Rwabwogo said the

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Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

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

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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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DRC, Rwanda agree – again – to end hostilities  

DRC, Rwanda agree – again – to end hostilities  

Rwanda and the Democratic Republic of Congo have signed a joint undertaking to stick to the mediation of Angola and avoid escalating the tensions over the M23 rebellion in DRC’s east. A dispatch after delegations led by their Foreign ministers met in Luanda said Kigali and Kinshasa

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42,000 Africans send their names into space

42,000 Africans send their names into space

More than 42,000 Africans’ names are in a spacecraft launched from the United States on Monday, destined for a faraway moon called Europa that orbits Jupiter.  After a successful launch, the vessel christened Europa Clipper is now travelling in space as it embarks on a journey of 2.9

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