Business

Uganda Revenue Authority (URA) has proposed a tax on internet bundles (data) instead of collecting OTT. This was revealed by...

Uganda’s economy is expected to create an additional 200,000 jobs once the impending redevelopment of Kampala Industrial and Business Park...

Uganda Development Bank The finance committee also revealed that in the next financial year (2020/2021), Uganda Development Bank (UDB) will...

MPs on Parliament’s finance committee have questioned another planned recapitalization of Bank of Uganda (BOU) with sh480b. The MPs raised...

The government yesterday presented before Parliament for approval a euros 600 million (about sh2.4 trillion) loan request, to finance the...

Over 100 people, including senior army officers, have filed complaints with the Police accusing a local company dealing in cryptocurrency...

Businessman and events organizer Balaam Barugahara has accused South Sudan military officer Gen. Apollo Richard Kashif of frustrating his sh18.7b...

What started as a students’ idea at Makerere University is finally set to become a national pride. As we celebrate...

Ugandans are moving closer to the middle income status, the rebased Gross Domestic Product (GDP) figures by the Uganda Bureau...

The embattled DFCU Bank has conceded and has decided to vacate all the branches owned by Meera Investments Limited, which...

Police in Kampala have revealed that the Makerere University student, who was found dead in his hostel room, committed suicide...

President Yoweri Museveni has implored the youth to acquire entrepreneurial skills for job opportunities in commercial agriculture, industries, services, and...

Uganda’s earnings from oil and gas will be used strictly for the establishment of critical infrastructure to drive the economy,...

President Yoweri Museveni and his Tanzanian counterpart, John Pombe Magufuli, disagreed Friday on the East African Crude Oil Pipeline (EACOP)...

Bank of Uganda (BOU) has issued new tough rules after an internal investigation revealed a theft of old currency at...

Research by the Uganda National Bureau of Standards (UNBS) has revealed that 35% of the electricity meters used by industrialists...

Police are holding managers of labour exporting company – Middle East Consultancy – over allegations of fleecing people of large...

To resolve the mystery shrouding ownership of the controversial National Social Security Fund (NSSF) Temangalo land in Wakiso district, MPs...

The government has tabled to Parliament amendments to the law governing the National Social Security Fund (NSSF), seeking, among others,...

Cabinet has approved changes to ease access to Youth Livelihood Programme (YLP) funds, lawmakers sitting on Public Accounts Committee of...

President Yoweri Museveni has said the journey to develop and transform Uganda has taken longer than it should due to...

In a bid to streamline public transport, the Government has introduced laws that will ban individuals from directly owning and...

The Government is counting losses to a tune of about sh62b ($16.95m) in royalties from gold exports from Uganda, according...

The act of the Government borrowing to finance infrastructure development is aimed at economic development, the Minister of State for...

President Yoweri Museveni has said any decision involving the process of identifying a suitable investor in the effort to revamp...

The state minister for finance in charge of general duties, Gabriel Ajedra, has distanced himself from the saga surrounding the...

Many residents of Kampala who have farms upcountry often worry about the health and safety of their herds. Such worries...

High-level talks to resolve the row between Uganda and Rwanda are going on with the key principals President Yoweri Museveni...

The government has confirmed the existence of 300 million tonnes of iron ore, a strategic mineral needed for the development...

Government Spokesperson Ofwono Opondo has dismissed a report that the ongoing investigation into a procurement scam involving the Central Bank...

Members of parliament have advised the government to embark on the printing of a new currency in order to save...

When talking about this budget, it is important not to underlook certain things that are fundamental to the performance of...

President Museveni has urges Ugandans to disregard opposition members pleas that Ugandan economy is collapsing and revealed that actually its...

After a long budgeting process, Parliament yesterday passed the 2019/2020 national budget totaling sh40.4 trillion, up from sh32.7 trillion for...

Security in Mbarara district has closed the operations of Alliance Global which is said to be a Ponzi scheme, for...

President Yoweri Museveni has said the strength of the country to grow does not lie with either politicians, religious or...

Three Ugandan cargo trailers that have been held up in Rwanda since early last month have been sent back to...

Two officials of the Ministry of Finance, Planning and Economic Development have been convicted of corruption offences and sentenced to...

The Government will increase the operational funds for youth and women groups, the Minister of Gender, Labour and Social Development,...

Two years after the launch of the Electronic Cargo Tracking System (ECTS), which cost tax payers billions of shillings, the...