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STANBIC BANK’S TAX NIGHTMARE: URA Walks Away with UGX 11 Trillion Business Over Unpaid Taxes

STANBIC BANK’S TAX NIGHTMARE: URA Walks Away with UGX 11 Trillion Business Over Unpaid Taxes

Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t

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Councillor Bagonza petitions KCCA, alleges corruption in recruitment process

Councillor Bagonza petitions KCCA, alleges corruption in recruitment process

Amos Bagonza, the LCV councillor for Makerere University Ward, today led a group of youth to Kampala Capital City Authority (KCCA) headquarters demanding the release of a list of KCCA employees and their respective responsibilities.The group said their action followed a petition submitted

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UEDCL Purge: Vindictive House-Cleaning or Necessary Reform? Taxpayers Face Costly Legal Reckoning

UEDCL Purge: Vindictive House-Cleaning or Necessary Reform? Taxpayers Face Costly Legal Reckoning

KAMPALA — In a move that has sent shockwaves through Uganda’s power sector, the interim leadership at the Uganda Electricity Distribution Company Limited (UEDCL) has terminated the contracts of seven senior managers, barely weeks after assuming office.The decision, executed on Monday,

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Six-Year-Old Found Strangled in Abandoned Building in Mayuge

Six-Year-Old Found Strangled in Abandoned Building in Mayuge

Residents of Budhebela Village in Mayuge Town Council are in shock after a six-year-old boy who had been sent on an errand was allegedly strangled and his body dumped in an abandoned building, prompting police investigations into the killing.MAYUGE — Shock and grief have engulfed Budhebe

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After Erias Lukwago, Kabaka & Katikkiro Mayiga are going To be Next! Predicts Monitor Writer Who Gen M7 Recently Bashed During Kololo Speech

After Erias Lukwago, Kabaka & Katikkiro Mayiga are going To be Next! Predicts Monitor Writer Who Gen M7 Recently Bashed During Kololo Speech

Counsel Gawaya Tegule, the controversial Daily Monitor newspaper columnist who Gen Museveni vigorously complained against recently as he delivered his state of the nation address claiming he had told many demonizing lies against the Movement, now says time has come for the people of Uganda to una

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Court orders Ernst & Young to pay URA Shs 3.48 billion in VAT

Court orders Ernst & Young to pay URA Shs 3.48 billion in VAT

Ernst & Young Uganda, one of the leading audit firms, has been ordered to pay the Uganda Revenue Authority (URA) Shs 3.48 billion as VAT from services it received from foreign companies within its global network.The dispute began after URA audited Ernst & Young Uganda for the perio

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The shilling keeps depreciating against the dollar. Here's what Ugandans are doing about it

The shilling keeps depreciating against the dollar. Here's what Ugandans are doing about it

If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d

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NGOs Urge Mayuge District to Sustain Development Gains as Heroes Programme Ends

NGOs Urge Mayuge District to Sustain Development Gains as Heroes Programme Ends

Implementing partners operating in Mayuge District have called on local authorities to establish deliberate sustainability mechanisms to preserve the gains achieved by non-governmental organisations after project closure, warning that years of investment in community development could be lost wit

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Restless Anita Among Rebukes Parliament Staff Who Gave IGG Implicating Info as Jubilant Nabbanja Orders CID Investigations into Kira Land Petition

Restless Anita Among Rebukes Parliament Staff Who Gave IGG Implicating Info as Jubilant Nabbanja Orders CID Investigations into Kira Land Petition

Emboldened by the viciousness with which the Ugandan security agents have so far moved to crack the whip on former Speaker Anita Among while simultaneously dismantling any semblance of any power structures associated with people in her universe, a group of land-deprived Kira residents a few days

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France facing Dembele dilemma as Mbappe and Olise partnership thrives

France facing Dembele dilemma as Mbappe and Olise partnership thrives

Despite a stellar club season that saw him reinvent himself as a pivotal creative force for Paris Saint-Germain, Ousmane Dembele appears to be struggling to carve out a definitive role within Didier Deschamps' France squad at the World Cup.The opening match against Senegal, a 3-1 victory f

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