The Inspector General of Police, Kale Kayihura and the Finance Ministry Permanent Secretary, Keith Muhakanizi, are on the spot for evading payment of income and local service taxes for their ranches in Lyantonde district. The issue came to light on Friday morning during an interface between the Local Governments Accounts
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Zimbabwe’s President Robert Mugabe lashed out Friday against factions in his party angling to take over from him, saying they have no backing. The 93-year-old spoke at a rally in Lupane, about 600 kilometers southwest of Harare - as part of his effort to recruit young people to support him
Read MoreThe Uganda Police Force has given opposition Members of Parliament a go ahead to hold consultative meetings across the country on the Constitutional Amendment Bill on condition that they do not speak about removal of age limit. The permission was granted after a meeting between police and representatives of the
Read MoreMore than 20% of the Democratic Republic of Congo's mining revenue is being lost due to corruption and mismanagement, a campaign group says. According to a Global Witness report, the money is being distributed through corrupt networks linked to President Joseph Kabila. At least $750m (£580m) has gone missing over
Read MorePresident Yoweri Kaguta Museveni has called on soldiers to embark on the making of bricks as part of the measures to reduce costs of erecting buildings in barracks. The President made the call at Nsamizi Special Forces Command (SFC) barracks in Entebbe Municipality on Friday where he commissioned the new
Read MoreThe Bank of Uganda (BoU) has cautioned the public against investing in Ponzi schemes. A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. BoU explains that money invested by clients is not invested in any legitimate business but used to pay
Read MoreMakerere University’s Office of the Academic Registrar, has released the Official admission lists for privately sponsored students for the Academic Year 2017/2018. Speaking to URN, Charles Ssentongo, the Deputy Academic Registrar said the academic year begins on August 12. Ssentongo said that all students admitted on private programmes shall begin picking
Read MoreTyre distributor Sameer Africa has raised the bar for disclosure of executive pay with the publication of detailed accounts of what each took home, turning the spotlight on the large number of public listed companies that have been using multiple tactics to hide what the top bosses earn, According to
Read MoreFinance Trust Bank (FTB) has trained over 1,000 women in financial literacy. Speaking to Business Focus on the sidelines of the financial literacy program held at UMA main Hall on Thursday, FTB Managing Director, Annet Nakawunde Mulindwa, said over 1,000 women of all ages were trained and encouraged to open
Read MoreExim Bank Uganda has launched a 3- month bid guarantee campaign for Small and Medium Enterprises (SMEs) to allow them grow and expand their operations. The bid guarantee will not exceeding Shs1bn capital value. The campaign dubbed ‘Chap Chap’ Bids was launched on Thursday at the bank’s offices located at
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