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Insurance half year premiums grow by Shs104b

Insurance half year premiums grow by Shs104b

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

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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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Quality Chemical to set up $50m TB, cancer drugs plant

Quality Chemical to set up $50m TB, cancer drugs plant

Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr

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Shs400b to be injected in Mbale industrial park roads 

Shs400b to be injected in Mbale industrial park roads 

Deputy Speaker of Parliament Thomas Tayebwa has said government has already contracted China Railway Number 3 Group to design and build key infrastructure in the Sino-Uganda Mbale Industrial Park. The 619-acre park, which was commissioned in 2018, currently grosses an investment portfoli

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Quality Chemical to set up $50m TB, cancer drugs plant

Quality Chemical to set up $50m TB, cancer drugs plant

Quality Chemical Industries, formerly Cipla Quality Chemical, is in negotiations to open a new manufacturing plant to produce new medications. The plant, if realised, will produce medications for infectious and non-communicable diseases, to add to its HIV and anti-malarial drugs. Mr

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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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Why is Makerere up in arms after latest varsity rankings?

Why is Makerere up in arms after latest varsity rankings?

Makerere University academic registrar says the rankings are not a true reflection of their performance. Makerere University has poked holes into the 2025 World University Rankings by the Times Higher Education, protesting the institution’s decline of its global standing. The unive

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How to grow organic cocoa

How to grow organic cocoa

Cocoa grows well on a wide range of soils but lose soils that allow movement of air and moisture, and root penetration is ideal. It must hold moisture in the soil during the dry season, as cocoa needs a regular supply of moisture for good growth. Cocoa can be grown in soils having a pH v

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UK gives Uganda Shs4.8b for Mpox fight

UK gives Uganda Shs4.8b for Mpox fight

The United Kingdom (UK) has announced a significant contribution of up to £1 million (approximately UGX 4.8 billion) to support Uganda's response to the ongoing Mpox outbreak. According to the British High Commission in Kampala, this funding will be channelled through Baylor College o

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