City hall, KCAA headquarters Lawmakers on the Committee of Commissions, Statutory Authorities and State Enterprises (COSASE) have criticized officials from Kampala Capital City Authority (KCCA) for failing to remit Shs4.107Bn, deducted from staff salaries to Uganda Revenue Authority (URA) as Pay As You Earn (PAYE) and retirement savings to National
Read MoreMonth: November 2024
Japheth Katto The Board of Directors of East African Breweries PLC (EABL) has announced the retirement of Japheth Katto as a Director of the Company with effect from 28th February 2023. “Japeth steps down after having served the Company for a period of nine (9) years as an independent director,” a
Read MoreMajor Destinations For Uganda’s Exports Revealed As Country Earns Shs1.4 Trillion From December Exports
Uganda exported more maize in December 2022 Uganda exported merchandise worth USD 371.81 million (Shs1.38 trillion) in December 2022 indicating an increase of 10.7% from USD 335.77 million registered the previous month. This is according to the Ministry of Finance’s Performance of the Economy Monthly Report for January 2023. “This
Read MoreYogesh Pattni is the Managing Director of Victoria Commercial Bank. FILE PHOTO | POOL As far back as he can remember, Dr Yogesh Pattni was always interested in banking. His family landed in Kenya from India in the 1930s and were jewellers by tradition – goldsmiths. They got down to
Read MoreAfrica’s Average GDP Growth To Stabilize At 4% In 2023-2204 Despite Recent Headwinds — African Dev’t Bank New Report
African economies remain resilient with a stable outlook in 2023-2024, despite the tightening global financial conditions, the African Development Bank has projected in a new report. The report, Africa’s Macroeconomic Performance and Outlook (MEO) 2023, estimates Africa’s average GDP to stabilize at 4% in the next two years, up from
Read MoreMinister Betty Amongi The parliamentary Adhoc committee that investigated the NSSF mismanagement has tabled its report before Parliament, with several recommendations including asking the minister of Gender, labour and Social Development, Betty Amongi to resign with immediate effect. The report read to Parliament by the Select Committee Chairperson, Mwine Mpaka,
Read MoreHon. Musasizi (L) making his presentation before the Budget Committee Lawmakers have criticised a supplementary expenditure of Shs57.6 billion under the Ministry of Energy and Mineral Development to cater for an out of court settlement to a United States based energy company, Albatross. Members of Parliament on the Budget Committee
Read MoreAfter seven (7) months of heavy preparation, Huawei's Sub Saharan Africa Regional ICT Competition was successfully held on 22nd February, 2023. The competition attracted over 16,000 registered from over 500 institutions. At least 16 countries in the region participated in the competitions whereby Team Uganda was represented by Makerere University,
Read MoreCareer Guidance in Senior Three is critical Nearly a month after the reopening of school for the first term, it has emerged that a section of teachers and learners in senior three are still struggling to select their preferred subjects. In Uganda's education system, learners in senior three and four
Read MoreSome of the confisicated drugs Uganda Revenue Authority has impounded drugs that were being smuggled into the country through Entebbe International Airport. URA’s non-intrusive inspection scanner at the airport identified the hidden drugs in the personal belongings of Kizigo J. Farouk, a regular Ugandan trader. Simon Esunget, the URA Manager
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