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Kampala
Wednesday, November 25, 2020

SHOCK!! Rwanda sends back trucks loaded with Ugandan goods

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

Government loosens requirements for acquiring Youth Livelihood Fund

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

Uganda Airline Planes arriving in 2 weeks

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

Over sh835b misused in 2017-2018

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

Katuntu defends COSASE commercial banks probe report

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In the run-up to last week’s release of the committee on commission’s statutory authorities and state enterprise’s (COSASE) report on the closure of seven...

Museveni tips Youths on how to get rich on his regime

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

“Suffer Alone, Don’t drag me into UTL saga,” Finance Minister Ajedra tells Anite

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

Minimum Wage Bill wins legislators’ hearts on first day of debate

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Parliament yesterday started debate on the Minimum Wage Bill which received overwhelming support of legislators from across the political divide. The private member’s Bill,...

Gold overtakes coffee as Uganda’s leading export earner

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Higher exports of gold in January compared to December were the highlight of a period in which the country’s export earnings declined....

Shumuk boss appeals to President Museveni seeking protection

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

Government to Tax NSSF savings and Retirement benefits

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

The government gives 60 ICT innovators sh6b

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

Global Trust Bank owners want compensation

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

Uganda’s National Economy Grows to shs122.7 Trillion

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

BoU Saga: Gov’t & BoU to print New Ugandan currency

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

Kabaka’s University, St Lawrence & other top 30 Varsities to be closed down

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Thirty-two universities that have operated for more than three mandated years under a provisional licence face closure if they do not expedite the process...

Ofwono Opondo says investigation is not about 90 billion extra money but on who...

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

Government to give Youths & women shs10M, here is how to apply

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

UPDF Senior officers duped billions in Crypto-Currency

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

Business owners more important than politicians, says Museveni

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

More turmoil as MTN chairman Charles Mbire is Interrogated by security

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Fresh details emerging from MTN have revealed that the telecommunications company chairman, Charles Mbire, has been quizzed over alleged espionage by the company staff....

Gen. Katumba -“Borrowing money by govt is healthy”

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

Finance minister, PS clash over sh150b

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

Deported MTN ex-boss sues govt

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

Revamped Namanve industrial park to create 200,000 jobs

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

Hwan Sung boss sold ghost land

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

SMEs must embrace digital technology to survive

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Small and Medium Enterprises (SMEs) constitute the biggest segment of the business sector in Uganda. They employ in excess of three million people and...

Mobile money subscription shoots up, banks stagnate

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

Museveni reveals why Uganda has not yet developed to ‘His Desired Standard’

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

First Glimpse on Uganda Airline, Everything on track

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Azuba says the Government has paid a commitment fee of $100,000 on each of the four planes and another $400,000 for the Airbus A330 series.

National housing opens 80 flats

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The Government has urged the National Housing and Construction Company to find solutions for the urban poor and rural Ugandans. The call was made...

Experts : Uganda’s taxation system only making rich people more richer

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

Govt to assess OTT impact & its failures

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

Magufuli advises Museveni to sack URA officials to continue with Oil pipeline

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

Finance ministry bosses who ate sh1b bribe have been jailed

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

“No stealing Oil money, it’s for all Ugandans”-Museveni assures Ugandans

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

Gov’t to borrow shs2 Trillion to finance deficit budget

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The government yesterday presented before Parliament for approval a euros 600 million (about sh2.4 trillion) loan request, to finance the 2019/2020...

Museveni Launches Uganda’s largest Solar power plant

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

Middle East Boss held by Police over fraud and Human Trafficking

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

Full Details: How Balaam is set to lose shs18 Billion property to South...

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

Latest Stories

DJ Brown Dee of Urban TV brutally murdered, his “Wire” cut-off...

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Sad news has engulfed the entertainment industries and media world when news reached them that their fellow media personality Dj Brown Dee...