Vietnamese Energy Mogul Slams Africa’s Development Paralysis
A Vietnamese energy mogul has delivered a sobering critique of Africa’s chronic development paralysis, warning that failure to prioritize basics like energy in countrie...
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Kenyan woman arrested for drug trafficking in Vietnam to be executed tomorrow
Margaret Nduta Macharia, a 37-year-old Kenyan national, is scheduled to be executed in Vietnam tomorrow, Monday, March 17, 2025, following her conviction for drug traffic...
Charles Mbire pays Shs 5 million in Taxes per Day to URA
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in tax...
Why MTN is at loggerheads with URA in Shs 1.5 trillion tax stalemate
For the past five months or so, Uganda Revenue Authority (URA) has been at loggerheads with Uganda’s biggest telecommunications company, MTN.This follows an audit carri...
Coffee shake-up: Uganda’s biggest gamble
Uganda's coffee industry faces a pivotal moment as Parliament deliberates on the National Coffee (Amendment) Bill 2024, which proposes to dissolve the Uganda Coffee Devel...
MTN Foundation enhances Digital Access at St. Joseph’s Seminary Nyenga
MTN Uganda, through its corporate social responsibility arm, MTN Foundation, is excited to announce its latest initiative to boost digital access and education at St. Jos...
Sheebah Karungi: The singer turned entrepreneur – A look at her impressive investments
Today marks ‘Sheebah Karungi’s Day’ as she prepares to host her Nenyanzi Concert at Lugogo Cricket Oval to celebrate 15 years in the music industry.In a recent inte...
BREAKING NEWS: MTN Writes to Kalemera over Shs 260bn Tax Dispute; Accuses URA of Coercion, Corruption
MTN Uganda has accused Uganda Revenue Authority (URA) of deploying ‘coercive tactics’ to extract Shs 260bn from the telecom in an ‘unfounded’ tax assessment.MTN...
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...
Uganda Shilling Gains While Stanbic Rises, MTN Slips
The Ugandan shilling and stock market experienced slight improvements on Wednesday, with modest gains recorded in both sectors. The shilling closed the day stronger at 36...