Month: November 2024

The Archbishop of the Church of Uganda His Grace Stephen KazIimba Mugalu has challenged oil companies operating in the Albertine Graben to provide timely information about the existing opportunities in the oil and gas sector to local communities. Dr Kaziimba says many people have the capacity and would love to

Members of Parliament under the Muslim Parliamentary Caucus have dispelled fears that the operationalization of Islamic Banking services in the country is intended to convert Ugandans to Islam. Their response follows the passing of the Income Tax Amendment Bill 2023 by the House during a plenary sitting chaired by Speaker

Ranked 5th in Africa: Makerere University Concerns have been raised by experts regarding the rankings that have placed Makerere University and four other universities in Uganda among the top higher education institutions in Sub-Saharan Africa. The list, consisting of 88 universities (both public and private), highlights Nigeria as the country

The Foreign Exchange (Amendment) Bill, 2023 passed by Parliament will now require investors in the foreign exchange sector to have a minimum paid-up share capital of 200 million Shillings to transact the business. While passing the Bill during plenary chaired by Speaker Anita Among on Thursday, Muhammad Muwanga Kivumbi, the

Parish Development Model-PDM beneficiaries in Kasese district have been discouraged from investing money into cotton growing. Kasese district is one of the leading producers of cotton in the entire country but the State Minister of ICT and National Guidance, Godfrey Kabyanga says that cotton growing should be left to people

An ATC Tower Smile Communications Uganda Limited, has apologised to its customers for what it says, was a prolonged outage, saying that the reasons for the outage were “beyond its control”. Smile, which launched in Uganda in the 4th quarter of 2009, pioneering 4G LTE services in Uganda and East

President Museveni has refused to sign into law the Income Tax Amendment Bill 2023 into law, asking Parliament to review its earlier proposal not to impose tax on digital companies, arguing that the tax will be borne by owners of these companies, not resident Ugandans as alleged by the minority

L-R: Infobip’s Banking and Financial Services Key Account Executive Loren Lubanga, Telco Account Manager Jeff Oduor and Infobip Industry Lead for Retail E-commerce and Telcos in Africa James Gachie. Global cloud communications company Infobip has announced deepening collaboration with Ugandan businesses to help them meet their customers on their preferred channels and boost return on investment and

Animal feed and nutrition producer, De Heus has started construction of a fish feed plant in Uganda, with the hope that it will bring down the cost of aquaculture in the country. The plant to be located in Njeru town, Bwikwe District is expected to be completed in a year,