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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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Arsenal injury update: Bukayo Saka, Martin Odegaard and Kai Havertz latest news and return dates

Arsenal injury update: Bukayo Saka, Martin Odegaard and Kai Havertz latest news and return dates

Arsenal prepare for a return to Premier League action at the weekend with a number of important injury concerns still lingering.The Gunners res

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Despite FIFA Approval, Hamz Stadium Fails to Meet AFCON Standards

Despite FIFA Approval, Hamz Stadium Fails to Meet AFCON Standards

Ugandan football fans got a taste of hope this week when Nakivubo’s management gleefully announced that FIFA had officially certified the stadium’s turf system. The celebratory statement from the stadium’s management committee chairman, Rogers Mulindwa, carried all the enthusiasm of a goat thi

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World Bank says 26 poorest nations in worst financial shape since 2006

World Bank says 26 poorest nations in worst financial shape since 2006

 The world's 26 poorest countries, home to 40% of the most poverty-stricken people, are more in debt than at any time since 2006 and increasingly vulnerable to natural disasters and other shocks, a new World Bank report showed on Sunday. The report finds that these economies are poorer

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Tshisekedi extends Uganda-Congo joint fight against ADF

Tshisekedi extends Uganda-Congo joint fight against ADF

The President of the DR Congo, Mr Felix Tshisekedi, has approved the extension of the Uganda-Congo joint fight dubbed Operation Shujaa against the Allied Democratic Forces (ADF) rebels in the east of his country. President Tshisekedi communicated his approval during a meeting with the Ug

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DRC government pushes back against US child labour assessment

DRC government pushes back against US child labour assessment

The Democratic Republic of Congo (DRC) has protested the US labelling of child labour in mines, with Kinshasa saying the assessment does not take into account the steps taken to improve on the sector’s governance. The reactions this week followed a US Department of Labour’s report th

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African music platform to pay $1m in royalties

African music platform to pay $1m in royalties

A leading African music platform has announced that it is now prioritising hyperlocal markets to enhance the reach and impact of both its artistes and advertisers, focusing on tailored content in key regions across the continent. “This approach has led to specific content development i

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Musenero tips graduates on engineering mentorship opportunities

Musenero tips graduates on engineering mentorship opportunities

Government has rolled out engineering mentorship opportunities for young graduates to become manufacturing engineers to boost the seven value chains at the Engineering Development and Innovation Centre. The Science, Innovation and Technology Minister, Dr Monica Musenero says the mentorsh

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Corruption scandal rocks State House

Corruption scandal rocks State House

A presidential assistant and four clerical staff in the Office of the President are being held for questioning as part of a wider investigation into alleged corruption at State House and the Office of the President. Monitor could not readily identify the clerical staff who are being held

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Sean 'Diddy' Combs' sex trafficking trial set for May

Sean 'Diddy' Combs' sex trafficking trial set for May

Sean "Diddy" Combs will stand trial on federal sex trafficking and racketeering charges starting on May 5, a U.S. judge decided during a hearing on Thursday, and the jailed hip-hop mogul blew kisses to his family in the courtroom afterward. During the hearing before U.S. District Judge A

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