Business •
17 Oct '24
The Ministry of Finance has warned accounting officers to ensure that projects under their ministries, departments, and agencies are executed within set timelines, failure of which they will be held liable for cost delays. In details contained in the Performance of Externally Funded Proj
Business •
17 Oct '24
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)
Business •
17 Oct '24
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,
Business •
17 Oct '24
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
Business •
16 Oct '24
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
Business •
16 Oct '24
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
Business •
16 Oct '24
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
Business •
16 Oct '24
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 DRCâs east. A dispatch after delegations led by their Foreign ministers met in Luanda said Kigali and Kinshasa
Business •
16 Oct '24
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
Business •
16 Oct '24
Denis Omedi was on target and Alfred Leku added an own goal for Uganda to come within a point of Morocco Afcon 2025. The 2-1 victory over South Sudan in Juba on Tuesday lifted Ugandans spirits but the party was put on hold following South Africa’s 1-1 stalemate with Congo in Brazzavi