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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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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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How wooden houses can transform Uganda's housing crisis

How wooden houses can transform Uganda's housing crisis

Wooden houses can position Uganda for a sustainable future by addressing the housing crisis through cost-effective, eco-friendly construction, reducing carbon emissions, and promoting responsible timber sourcing.  Modern wooden construction is revolutionising the housing market as a sus

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Atiak Sugar Factory: Billions spent, no production

Atiak Sugar Factory: Billions spent, no production

When the machines at the factory first started roaring over a decade ago, its senior management pledged to turn the venture into “an engine for development to support the livelihoods of vulnerable populations”.  More than a decade since its inception in 2013, Atiak Sugar Factory con

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I want to help Tooro develop- Museveni

I want to help Tooro develop- Museveni

Over 130,000 residents who have been living in fear of eviction for more than 30 years after allegedly illegally occupying land belonging to Kyaka I refugee settlement in Kyaka South County, Kyegegwa District, feel relieved after President Museveni on Saturday rescinded his earlier decision

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Government Terminates Kilembe Mines Contract Following Investor’s Massive Mineral Export Request

Government Terminates Kilembe Mines Contract Following Investor’s Massive Mineral Export Request

The government has terminated its agreement with Tibet-Hima Mining Company for the management and operation of Kilembe Mines, which is a major step forward for Uganda's mining industry.This judgment was taken in r

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Museveni aide woos Czech investors to Uganda

Museveni aide woos Czech investors to Uganda

Senior presidential advisor on trade, Phillip Kakuru, has called upon investors from Czech Republic to consider investing in Uganda’s unexploited potential. Kakuru, who led a delegation of Ugandan business community and diplomats for the first Uganda-Czech business forum in Prague on O

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Naro intensifies banana value addition research

Naro intensifies banana value addition research

The National Banana Research Programme (NBRP) under National Agricultural Research Organisation (Naro) situated at Kawanda is working with private processors of products from banana to discover the most practical banana-based products for mass production in Uganda. Various prototypes of

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Who will rescue Bukedi from the jaws of poverty?

Who will rescue Bukedi from the jaws of poverty?

The 2024 census puts Bukedi Sub-region’s population at 2,376,744, with women (1,206,825) outnumbering men (1,169,919). Tororo (609,117), Busia (412,018), Pallisa (330,961), and Butaleja (312,713) are the most populated districts in the sub-region. Other districts include Budaka (281,106),

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Uganda seeks funds to add 1,600 MW of hydro capacity, official says

Uganda seeks funds to add 1,600 MW of hydro capacity, official says

Uganda is seeking funds to build three hydropower plants that would add over 1,600 megawatts (MW) of capacity to help meet rising power demand, an energy official said on Wednesday. The East African country has identified three potential sites on the Nile river, the biggest of which is t

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