The High Court in Kampala has ordered Haruna Sentongo, a brother to Ham Kiggundu to pay Orient Bank more than 10 billion Shillings accrued from loans advanced to him. In a judgment issued by Commercial Division judge Richard Wejuli Wabwire, the court found that indeed Sentongo had contracted the loans that
Read MoreYear: 2024
President Yoweri Museveni has said that the next financial year's budget should prioritize on irrigation and building fertilizer factory in Tororo. Museveni made the remarks in Ongongoja Sub County, Katakwi district where he officiated as chief guest at a thanksgiving function for Rev. Fr. Lawrence Akepa and Rev. Fr. Paul
Read MoreGerald Karuhanga speaking before walking out There was chaos at Makerere University on Friday as the alumni and staff elected new leaders of their umbrella body; the Convocation. The chaos resulted from a standoff between the current leaders who were organizing the election and some of the candidates. Throughout the
Read MoreEnergy Minister, Ruth Nankbirwa. Can her Ministry connect 10 million households to electric grid? The year 2022 has been that of ups and downs for Uganda’s electricity sector. From the flooding at Isimba leading to a national blackout to the return of load shedding and the enactment of the Electricity
Read MoreBy Sarah Chelangat, URA Commissioner Domestic Taxes For years, tax compliance has eluded the tax man with slightly over 2 million taxpayers out of a population of 20 million working adults contributing to the tax base. Of the 2 million registered taxpayers, 50% are companies doing business in Uganda. This means
Read MoreHousing Finance Bank Offers Exciting Saving & Investment Opportunities For Ugandans Working Abroad
John B. Kaweesi, the Head Mortgages & Consumer Banking at Housing Finance Bank Housing Finance Bank has unveiled options that can help Ugandans make significant strides in saving and investing in Uganda while working abroad. The Bank made the offers on Wednesday 28th December 2022 as it joined business leaders, innovators, and expatriates from
Read MoreThe government has set electricity tariffs for the first quarter of 2023 beginning January to March. The new tariffs announced by the Chairperson of the Electricity Regulatory Authority-ERA, Dr, Sarah Kanaabi Wasagali, show that domestic users shall pay 250 Shillings for the first 15 units purchased in a month known
Read MoreThe Clerk to Parliament has written to the Electoral Commission Chairperson, Simon Byabakama notifying the electoral body about a vacancy in Serere County. This follows the death of the area Member of Parliament, Patrick Osabe on 19th, December, 2022. Section 3 (1) of the Parliamentary Election Act, 2005 provides that
Read MorePresident Museveni meeting Kiruhura leaders President Yoweri Museveni has told the people of Kiruhura and Kazo to stop lamenting about bad roads in the districts as the cause of their poverty but instead focus on doing things that will improve their household incomes. Accompanied by the First Lady, Janet Kataaha
Read MoreMerging UCDA With MAAIF Is Regrettable, Will Negatively Affect Coffee Sector- Former Minister Gerald Ssendaula
Ssendaula in his coffee farm/Daily Monitor photo Gerald Ssendaula, the former Minister of Finance and a prominent coffee farmer has described as “unfortunate” the decision by Government to incorporate Uganda Coffee Development Authority (UCDA) into the Ministry of Agriculture, Ministry of Agriculture, Animal Industry and Fisheries (MAAIF), saying the move
Read More