IGG recovers Shs2.3b in confiscated assets of thieving public officials
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b mark...
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High staff exits undermining banking sector stability, says BoU
Bank of Uganda (BoU) has said high staff turnover in some supervised financial institutions remained a key challenge in the year ended June 2024. The details, which are c...
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-ea...
NSSF savers to get 11.5% interest
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As...
Clearing Agents Convicted Over Fake Government Vehicle Registration
Two employees of Easthood Logistics Limited have been convicted of making a false declaration to the Uganda Revenue Authority (URA) after pleading guilty to charges invol...
Richmond Finance Manager Instructs Staff to Withhold Tax Credit Information, Leaving Business Owners Unaware of Overpayments
In a recent revelation, an email obtained by The Times-Dispatch shows that a manager in Richmond's Department of Finance directed an employee not to include information o...
More doctors enrolling for traditional medicine training – institute
Officials at the Kampala-based Natural Chemotherapeutics Research Institute (NCRI) have said they are seeing more qualified medical professionals enrolling for the course...
Government urged to put breaks on tax incentives to companies
Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury strugg...
EU deforestation regulation a game changer for global trade, environment
Addressing deforestation has become critical in a world grappling with climate change, biodiversity loss, and ecosystem collapse. The European Union (EU) has responded to...
Kyambogo University to Operate Without Lecturers Over UGX 6.7 Billion Debt
(Kampala) – Uganda’s academic powerhouse, Kyambogo University, is making headlines for all the wrong reasons. The venerable institution, home to countless ambitious m...