Month: April 2025

Following a video widely shared on social media by Henry Bukenya, our customer, an Airtel money user alleging fraud and loss of his money, details show that Bukenya lost his phone, and his PIN, known only to him, was used to withdraw money from his Airtel Money account. The matter

President Yoweri Museveni has admitted that he fronted Italian investor Enrica Pinetti to lead investment in the coffee sector despite knowing she was clueless about operations of the sector. The President said those against her and the coffee deal are merchants of slavery in Africa. The President made the revelations during the State

President Yoweri Museveni (pictured) has revealed that despite Uganda’s economy being battered by the Covid-19 pandemic, the country has already achieved the middle income status.   He made the revelation during the State of the Nation Address for 2022 at Kololo Independence Grounds but warned that it will take three years for

Mathias Mpuuga, Leader of Opposition   The Opposition in Parliament has announced plans to stay away from the State of  the Nation Address by President Museveni as a move to protest against Government’s inaction to address the skyrocketing commodity prices in the country. The State of the Nation Address is scheduled for

URA and Uganda Baati officials in a group photo The Uganda Revenue Authority Commissioner -Customs, Mr. Abel Kagumire, and Customs senior management team paid a courtesy call on the Head of Business, Uganda Baati Limited (UBL) Mr. George Arodi, and the UBL management team. The Commissioner appreciated Uganda Baati Limited’s transformational journey over the

Kansai Plascon East Africa chief executive Arvind Shekhawat (left) and an employee during a celebration ISO certification. PHOTO | COURTESY     Dutch paint maker AkzoNobel has agreed to buy Japan’s Kansai Paint’s business in Kenya and the rest of Africa, strengthening its footprint in the region. Kansai Plascon assets and operations

Small scale traders want government to reduce the taxes levied on electronic transactions so as to increase their usability at the grassroots.   Business owners say that cashless transactions quicken trade and are more desirable for both consumers and traders alike, however, the high taxes involved have unanimously slowed their uptake

It’s been a busy few months for the Bank of Uganda as the rising prices of essential commodities and fuel push inflation and the foreign exchange rates to record highs.   The government has so far rejected any proposals that it introduces fuel price subsidies or waive taxes to make