Only 20% of Uganda’s 5.25 Million Registered Taxpayers Are Active – Audit
Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers a...
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Museveni halts Central Bank directive on Sacco licensing
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to a...
Man Utd transfer news: Cole Palmer details emerge as double swoop prepared
Transfer deadline day has arrived and Manchester United have just hours remaining to complete any deals. The Red Devils must finalise any last-minute business by 7pm this...
Umeme Issues Profit Warning, Cites Losses from Concession Exit
KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its b...
Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country�...
“There is no opposition in Uganda,” Museveni says
Ugandan President Yoweri Museveni has alleged that the National Unity Platform (NUP), led by his two-time challenger Robert Kyagulanyi, popularly known as Bobi Wine, mani...
Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads
The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, e...
Story behind Bobi Wine’s Kanyanya video location
It is now established that the building is the abandoned IK Musaazi International Medical Research Centre, a project whose construction stalled over 20 years agoFresh inf...
Abitex, Bajjo Face Jail Over Misused SACCO Funds
Abitex and Bajjo face possible jail after being accused of misusing over UGX 3 billion in government SACCO funds meant to support Ugandan promoters.Abitex, Bajjo Face Jai...
IT’S FAKE! State House disowns circulating Museveni letter approving Shs2.5 bn grant to “investor”
The State House of Uganda has said the letter making rounds on social media purportedly authored by President Yoweri Kaguta Museveni approving a Shs2.5 billion grant to a...