BUSINESS

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...

The revenue collections for Uganda in the last six months dropped with a performance report of Uganda Revenue Authority (URA) for the period of July to December 2021 showing a...

The world's 10 richest men doubled their fortune during the pandemic while the income of the 99% of humanity has gone down, according to a recent report by Oxfam. According...

KAMPALA – 19-01-2022: Uganda Communications Commission (UCC) is investigating 23 TV stations following complaints that they have been broadcasting copyrighted content without permission, in contravention of the Copyrights and Neighbouring...

The government of Uganda has attributed the escalating fuel prices in the country to disruptions in supply of petroleum products with fuel trucks stuck at border points of Busia and...

National Environmental Management Authority (NEMA) has suspended activities of Nyanza Textile Industries Limited (NYTIL) in Jinja, over discharge of waste into River Nile. The suspension comes after public outcry on...