Finance
Finance
Parliament approves Shs48.1 trillion budget for financial year 2022/23
KAMPALA: Parliament has passed the Shs48.1 trillion budget for financial year 2022/23 with post Covid-19 economic recovery high on the...
Read more
Commercial Banks to help URA catch tax evaders
KAMPALA: The government of Uganda is trying to get commercial banks and other financial institutions to help it collect more...
Read more
WorldRemit quits Uganda amid looming sanctions over money laundering
KAMPALA: Effective June 6, 2022, WorldRemit, a digital payments service, will not be accepting any new money transfers or airtime...
Read more
Tayebwa directs Minister Magyezi on local governments’ budgets
KAMPALA: Deputy Speaker Thomas Tayebwa has asked the Minister for Local Government Raphael Magyezi to present on Wednesday next week...
Read more
Desist from Cryptocurrency transactions, Bank of Uganda warns service providers
KAMPALA: Bank of Uganda has warned all licensees under the National Payments Systems Act to desist from facilitating Cryptocurrency transactions...
Read moreRobots help Makkah Grand Mosque’s round-the-clock cleanup
MAKKAH: Saudi Arabia’s General Presidency for the Affairs of the Two Holy Mosques is leaving no stone unturned in its...
Read more
Stanbic bank gets top international credit rating
Fitch, the international credit rating agency, has affirmed Stanbic Bank Uganda Limited's (SBU) Long-Term Issuer Default Rating (IDR) at 'B+',...
Read more
Parliament asks Finance to withhold funding to Export Promotion Board
KAMPALA: The Committee on Tourism, Trade and Industry has recommended that the Uganda Export Promotion Board (UEPB) should not be...
Read more
No new taxes in next financial year budget, says government
KAMPALA: With COVID-19, which swept the economy down to a growth rate of three per cent, government is hoping to...
Read more
Stanbic Bank found negligent in Shs180 million fraud case
KAMPALA: The High Court in Kampala has ruled that Stanbic Bank was negligent when it failed to investigate a customer...
Read moreMOST POPULAR
INVESTIGATION
Statements no longer count! US Senate asks Biden to slap sanctions on Ugandan officials over torture
The United States Senate Committee on Foreign Relations has asked President Joe Biden to slap sanctions against specific Ugandan government...
Read moreUNRA boss bitter over Kuwait firm writing to Museveni on Tirinyi-Pallisa-Kamonkoli road
KAMPALA: The contractual fallout between the Uganda National Roads Authority (UNRA) and Kuwait firm, Abuljebain Engineering Consulting Office (AECO) over...
Read moreSouth African Construction firm Mutoni on the spot for failure to finish Matugga pharmaceutical plant
KAMPALA: South African contractor Mutoni Construction (U) Ltd, which was contracted to build a pharmaceutical plant at Matugga on Bombo...
Read moreCustodian board chief Bizibu on the spot over allocation of Asian properties for 24 families
KAMPALA: Twenty four families of Asian origin have accused the Departed Asians Property Custodian Board (DAPCB) and the commissioner of...
Read more