BUSINESS

This week, Uganda's president Yoweri Museveni announced that his country had struck 31million tonnes of gold ore deposits, with extractable pure gold estimated to gross 320,000 tonnes. President Museveni broke...

State Minister for Investment and Privatization, Hon. Evelyne Anite said the upcoming Uganda-DRC Investiment Summit and Market Access Expo is about serious business to promote investiment, as well as the...

From Uganda Revenue Authority Despite the slow economic recovery due to the impact of COVID 19, URA has continued to collect a significant amount of revenue, and this performance puts...

From URA Website The URA Enforcement team tailed, tracked and intercepted at Kakira, Jinja District, a Toyota Ipsum that has been notoriously used to smuggle goods from Kenya. On the...

The Minister of State of Finance in charge of Privatisation and Investment Evelyn Anite has unveiled Uganda’s modern fuel efficient car-making unit at the Automobile Group Uganda Company Limited. Speaking...

By Sarah Achen Kibisi Tax consultants have cautioned Parliament on the negative implications on the proposed rental income tax amendments for the Financial Year 2022/23. The advisory was given by...

Standard Chartered Group today announced full exit of operations from Africa and Middle East (AME) region including Five African countries; Angola, Cameroon, Gambia, Seirra Leone and Zimbabwe. According to a...

Tanzania, Burundi and DRC have signed an MoU on the implementation of the 939KM Standard Guage Railway project from Uvinza in Northern Tanzania through Mosangati to Gitega in Burundi up...

The government of Uganda has finally terminated the contract of the Chief Executive Officer-CEO of Uganda Airlines Cornwell Muleya and other top managers who have been on suspension for several...

Kenya Airways is set for a $176 million cash injection from the Kenyan government as the carrier struggles to stay afloat amid years of financial losses. Reports indicate that the...