URA recovers Shs1 billion in fines from smuggled electronics
MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern r...
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60 Traders Seek Govt Support After Kavule Inferno
Nelson Kabanda, who is spearheading the registration of the affected traders, said they had been surviving on their own, but that is now impossible since the fire did not...
HUGE SCANDAL! Investigation Lays Bare Rot at World Bank Funded CEDP Project, Finance Ministry, PSFU on the Spot
After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development...
Gaming stakes to hit Shs14.1 trillion as regulator revenue rises from Shs17.4 billion to Shs391 billion in 10 years
Finance Minister, Matia Kasaija congralating Mr Kenneth Kitariho (right) upon his inauguration as Chairperson of the NLGRB. Looking on is outgoing board chairperson Aloys...
Leaders Must Not Impose Themselves on the People; Opposition Behaves Like Idi Amin – Museveni
MuseveniPresident Yoweri Museveni has said that leaders must never impose themselves on the people, arguing that former dictator Idi Amin ruled Uganda without the consent...
Government, Stanchart sign Shs 2.747tn infrastructure financing deal
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure p...
Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers begi...
UEDCL announces planned power shutdown in several areas
UEDCL also advised all affected customers to switch off their electrical appliances until power supply is fully restored.The Uganda Electricity Distribution Company Limit...
Yusuf Nsibambi Reverses Cancellation of Students’ Bursaries After Wife’s Advice
Former Mawokota South Member of Parliament Yusuf Nsibambi has reversed his earlier decision to cancel bursary support for dozens of students following public backlash and...
STANBIC BANK FRAUD! Suspects in Enid Kukunda’s Sh725M Theft Eye Plea, Linked to Another Sh400M ABSA Heist!
One of the suspects charged over an attempted Shs 725 million fraud targeting Stanbic Bank has opened negotiations with the State to resolve the case through a plea barga...