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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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Airtel dismissed him for mobile money fraud. He won Shs 254 million in court

Airtel dismissed him for mobile money fraud. He won Shs 254 million in court

Peter Katongole worked for Airtel Uganda for 13 years, during which time he rose to the position of Revenue Assurance and Fraud Manager.In early 2020, Airtel began investigating suspected fraud in its mobile money commission system.In February 2020, Airtel’s Revenue Assurance Cent

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Jubilant Sykes, Grammy-Nominated Opera Singer, Dies at 71 From Stabbing at His Santa Monica Home, Son Arrested.

Jubilant Sykes, Grammy-Nominated Opera Singer, Dies at 71 From Stabbing at His Santa Monica Home, Son Arrested.

In a shocking news, Grammy-nominated opera and jazz singer Jubilant Skyes was stabbed to death inside his Santa Monica home on Monday (December 8) at the age of 71. The police have arrested his 31-year-old son Micah Skyes in connection with the killing.Acclaimed opera and jazz singer Jubil

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Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Uganda Confirms Agreement to Sell Wealth & Retail Business to Absa

Standard Chartered Bank Uganda has formally communicated to clients that it has entered into an agreement with Absa Bank Uganda for the sale of its Wealth & Retail Banking (WRB) business. The deal — which covers personal banking, wealth advisory and related retail products — remains subje

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What does Trump’s win mean for Africa?

What does Trump’s win mean for Africa?

 As it became clear that Donald Trump had landed the US presidency for the second time, leaders from across Africa began tweeti

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What other players give savers eager to grow money

What other players give savers eager to grow money

If you had Shs100m in savings, where would you invest it? Would you consider safety first or simply dive into government bonds, or venture into stocks? Maybe your hard-earned savings could find a cosy home in real estate or leave it with the National Social Security Fund (NSSF) and forget ab

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Equity Group registers strong recovery

Equity Group registers strong recovery

Equity Group Chief Finance Officer Moses Nyabanda, Managing Director and CEO, Dr. James Mwangi and Chief Internal Auditor Beth Kithinji during the Q1 2024 Investor Briefing eve

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