Business

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...

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...

The revamped Uganda Airlines will start regional flights in July, about three months after delivery of two Bombardier CRJ900 jets,...

Oil seeps have been encountered in the Elgon region, indicating the potential existence of commercial quantities of oil and gas...

As part of efforts to revive the national carrier, Uganda Airlines, the company’s two Bombardier CRJ900 jets will touch down...

Ugandan manufacturers and traders dealing in sugar, poultry, beef and dairy products have commended President Uhuru Kenyatta (Kenya) and his...

It is 10 years since the mobile money service was introduced in Uganda by MTN telecom. Following the innovation, other...

President Yoweri Museveni has described the closure of the Uganda-Rwanda border as a temporary issue, which should not stop Uganda...

The former chief executive officer (CEO) of telecommunications company MTN Uganda, Joris Wim Vanhelleputte, has dragged the Government to court,...

A fresh controversy has rocked the finance ministry, with the Permanent Secretary and Secretary to the Treasury, Keith Muhakanizi, clashing...

Six years since the National Bank of Commerce (NBC) was closed, the stakeholders and directors believe the Central Bank acted...

Police in Kampala are investigating a land fraud case in which suspected fraudsters reportedly connived with officials of the land...

The Government is increasingly turning to indirect taxes to increase revenue, but a new report has found that the move...

The National Social Security Fund (NSSF) is set to buy shares in the multi-billion South African MTN telecom franchise. Talks...

MPs on the ICT committee have directed the ministry to furnish Parliament with an assessment report on the impact of...

After travelers complained of few immigration staff and long queues in the wee hours of the morning at Entebbe Airport,...

A top law firm has appeared to contradict the former executive director of supervision for commercial banks at Bank of...

President Yoweri Museveni has commissioned a sh91.4b solar power plant project to benefit rural households, schools and hospitals in the...

Thirty-two universities that have operated for more than three mandated years under a provisional licence face closure if they do...

The Auditor General (AG) has established that over sh835.5b was either misappropriated or misused in the 2017/2018 financial year. The...

The local government permanent secretary, Ben Kumumanya, has interdicted Ismail Ochengel, the Chief Administrative Officer (CAO) of Arua and his...

The Government has finalized the formulation of the draft budget (Budget Framework Paper) for the 2019/2020 financial year, with greater...

President Yoweri Museveni has held bilateral talks with the American deputy secretary for East Africa, James Makila. During the meeting...

Uganda and China’s Hunan province have signed a memorandum of understanding (MOU) expected to facilitate the construction of a power...

City businessman Shukla Mukesh has written to President Yoweri Museveni asking for protection from what he termed as investor frustration...

MPs investigating the closure of seven defunct banks have asked Bank of Uganda (BOU) to account for sh478b that was...

Senior officials from the now defunct Global Trust Bank(GTB) that was closed by the central bank have demanded compensation for...

Parliament’s committee on commissions, statutory authorities and state enterprises (COSASE) has learnt that the defunct National Bank of Commerce (NBC)...

The Government is working out a plan to establish a Medical Credit Fund,

Azuba says the Government has paid a commitment fee of $100,000 on each of the four planes and another $400,000...

The number of Japanese setting up companies in Uganda is on the rise, the Japanese ambassador to Uganda has said.

The ranking cites futuristic cityscapes and modernist architecture to pristine rainforest and rehabilitated wildlife among the major attractions.

However, Lokod clarifies that the proposed policy does not target any church and is not intended to curtail the freedom...

Auditor General John Muwanga revealed that BOU sold the bank to dfcu without internal guidelines, regulations or policies in place...