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Samsung to offer treasury shares worth $120 million as bonuses

Samsung to offer treasury shares worth $120 million as bonuses

Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120

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ISO seeks Extra Shs218b To Enhance Intelligence, Monitor PDM funds

ISO seeks Extra Shs218b To Enhance Intelligence, Monitor PDM funds

The Internal Security Organisation ISO has asked Parliament for an additional Shs218 billion in the 2026/27 financial year to strengthen intelligence collection and improve monitoring of the Parish Development Model PDM amid growing concerns over corruption and weak oversight.The request w

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Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Debt Repayment, Wages Take Lion’s Share of Q3 Expenditure

Ramadan Ggoobi speaking to reporters in Kampala on Friday.The Ministry of Finance has released Shs 16.537 trillion for expenditure in the third quarter of the 2025/26 financial year, with debt repayment and treasury operations taking the largest share.Out of the total release, Shs 7

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Muntu Faults EC Over Delay in Releasing Updated Voters’ Register

Muntu Faults EC Over Delay in Releasing Updated Voters’ Register

EC guidelines further require the voters’ register to be displayed at polling stations for a prescribed period to allow corrections and objections. Muntu also criticised the current regime led by President Yoweri Kaguta Museveni for failing to address corruption, which he described as the bigge

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Ministry of Finance allays fears on election-induced inflation

Ministry of Finance allays fears on election-induced inflation

Elevated government spending coupled with widespread voter bribery and campaign expenditure has resulted in inflation spikes in recent elections, such as the 2011 elections which sparked the famous “walk to work” protests.The Permanent Secretary and Secretary to the Treasury (PSST), Dr

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MTN Mobile Money loans on track to reach Shs 2.5 trillion

MTN Mobile Money loans on track to reach Shs 2.5 trillion

2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ

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Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

Ugandan banks approve UGX1.93 trillion in loans as personal credit leads

A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda — Commercial banks and financial institutions in Uganda approved 1.93 trillion shillings in new credit during October, wi

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How TIN Abuse Is Costing Uganda Billions in Lost Revenue

How TIN Abuse Is Costing Uganda Billions in Lost Revenue

A Taxpayer Identification Number (TIN) is a unique identifier issued to individuals and businesses for tax purposes. It is a cornerstone of effective tax administration, enabling the Uganda Revenue Authority (URA) to monitor taxpayers and enforce compliance.However, the misuse of TINs by s

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“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh

“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh

When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve

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Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

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