OIL CURSE!!! URA Ordered To Pay Shs709Billion To Heritage Oil & Gas Ltd
A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly asses...
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M23 Rebels Edge Closer to Key Town in East DR Congo
Rwanda-backed M23 rebels on Friday moved closer to a key town in eastern Democratic Republic of Congo (DRC), capturing a nearby area, sources told AFP.The March 23 Moveme...
Good News: Gov’t Takes Over Electricity, Cuts Bill for Ugandans – See How Much to Pay Per Unit
Uganda's government has announced a significant shift in its energy sector with the takeover of electricity distribution and sales, a move expected to lower electricity c...
Uganda’s Kinshasa Property Faces Seizure Over Rent Dispute
(Kampala) â Uganda owes $433,582 (UGX 1.679 billion) in ground rent arrears to Kinshasa authorities for a commercial property in the Democratic Republic of Congo (DR...
Govt opens up three new areas for oil exploration
The Ministry of Energy says opening up new areas will, among others, contribute to the sustainability of oil production. The Ministry of Energy and Mineral Development ha...
To cap or not to cap interest rates
The Parliament has passed a law mandating the Minister of Finance to prescribe a maximum interest rate that money lenders may charge their borrowers. Not surprisingly, th...
Nyege Nyege festival kicks off in Jinja
The renowned Nyege Nyege International Cultural Music Festival has commenced in Jinja City, bringing with it a vibrant atmosphere and economic potential. This ninth editi...
When Uganda danced to product adverts
The transition of FM radio in Uganda in the early 90s was met with many opportunities. Musician Ragga Dee real name Daniel Kazibwe mentions that this is when the Deejay j...
Don’t give space to politics of identity, minister tells journalists
Security minister Rtd Maj Gen Jim Muhwezi has asked journalists and media practitioners to shun individuals that promote politics of identity saying âitâs a bac...
UPC’s Akena: What have you got from NRM’s 40 years in power?
Uganda People’s Congress (UPC) president Mr Jimmy Akena has said the party’s doors are wide open to receive new members from other political parties who want more po...