The High Court in Kampala has awarded ten million Shillings to each of the eight men who were arrested in 2011 on charges of treason, which were dropped eight years later. The eight include Warrant Officer II Atunga Bantu, Boniface Mumbere Kinyambila, Abel Kacwano Kazoora, Simon Matte Mwesigye, Esau Tugumisirize
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The Executive Board of the International Monetary Fund (IMF) completed yesterday the first reviews of the 38-month Extended Arrangement under the Extended Fund Facility (EFF) and 38-month arrangement under Extended Credit Facility (ECF) for Kenya. The Board’s decision allows for an aggregate immediate disbursement of US$ 407 million (about SDR 285
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Stanbic Bank says it will give capital for oil and gas developments in Uganda. The Bank’s stand comes amidst growing opposition against fossil fuels including oil and gas in favor of renewable energy. Stanbic, part of Standard Bank Group says it can offer up $70 million to a single company
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The High Court in Kampala has ordered the government to compensate one Moses Besimira with 225 million Shillings for illegally impounding his vehicle ten years ago. Besimira reported a case of a missing vehicle registration number UAK 588G, Mitsubishi Fuso at Central Police Station Kampala on September 8, 2011. The
Read MoreThe United States Agency for International Development (USAID) has today announced more than USD 97 million in additional assistance to respond to the impacts of the COVID-19 pandemic in Africa. Nearly USD 83 million of this is dedicated to addressing growing COVID related food insecurity. This new funding will provide
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South Sudan’s Ministry of Petroleum (MoP) officially launched the country’s first-ever oil and gas licensing round in Juba on Wednesday; Hosted by the MoP and attended by industry executives and international stakeholders, the event signifies an historic moment in the country’s budding oil and gas sector; The launch precedes the country’s
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Nearly 9 million Internally Displaced Persons (IDPs), 4.7 million refugees and asylum-seekers are suffering some of the worst impacts of the COVID-19 pandemic. This is according to a study conducted by the International Organization for Migration (IOM) and World Food Programme (WFP). The study, “Life amidst a pandemic: Hunger, migration
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Frank Tumwebaze, the new Minister of Agriculture, Animal Industry and Fisheries (MAAIF), has promised to apply a proactive approach through directly engaging farmers on ministry policies. He said this on June 22 after taking office at the ministry headquarters in Entebbe. “In this term, we will spend more time with
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Five years ago, the Government of Uganda passed the “Buy Uganda Build Uganda policy” in response to the Private Sector’s plea to promote practices that encourage the consumption of locally produced products. The success of this policy was hinged on the concept of giving preference to goods which are produced
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Filing and payment of final Income Tax, filing of provisional income tax returns, payment of provisional income tax and payment of any outstanding amounts that could be overdue to avoid further accumulation of interest are some of the tax obligations due by Wednesday June 30, 2021. In a reminder to
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