Gov’t deficit lowered in April despite revenue shortfalls
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collectio...
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Election period didn’t destabilise economy, says Finance ministry
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy...
From Prado to Boda Boda: The Untold Story of Government Suppliers
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes...
He sold his school to Dr Lawrence Mulindwa for Shs 11.2bn. URA wanted him to pay Shs 4bn as tax
Uganda Revenue Authority acted unfairly and highhandedly when it impounded an armoured land cruiser belonging to Dr Jaala Higenyi, the former owner of Ntinda View College...
How Fearless Agather Atuhaire and Spire Ssentongo Caught Museveni’s Eye and Complicated Things for Anita Among
The directive, issued by President Yoweri Kaguta Museveni, places the investigation into alleged corruption, unexplained wealth, and procurement irregularities at the cen...
Over 20 Mobile Money Agents Left in Debt Crisis After Alleged UGX 200 Million Fraud Linked to Flow Uganda Employee in Kampala and Wakiso
KAMPALA, Uganda — More than 20 mobile money agents in Kampala and surrounding areas have been left in financial distress after allegedly falling victim to a suspected l...
Molly Katanga depleted Shs40 billion account after husband’s death, says state
The murder trial of businesswoman Molly Katanga took a dramatic turn of events Monday after the State accused her of withdrawing more than Shs40 billion from a Euro accou...
Commercial Court targets 320 banking cases in two-week mediation drive
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aim...
How a mix-up in court file numbers cost Hill Water Shs 45.8 million
An application by Hill Water Uganda seeking to overturn a default judgment in a debt dispute with General Moulding Uganda has been dismissed, bringing to an end a lengthy...
Court orders KK Fresh Produce to pay Shs191.8m to supplier
KK Fresh Produce Exporters, one of the leading local exporters of fresh fruits and chilli to the international market, has been ordered to pay Shs 191.8 million to East A...