Parliament has once again passed into law the Landlord and Tenant Bill 2021 that gives powers to landlords to enter premises and confiscate property in case the tenant fails to pay rent within 30days. Clause 30 of the revised bill stipulates; Failure to pay rent by tenant and claims for
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John R. Musinguzi, the URA Commissioner General Uganda Revenue Authority (URA) recorded Shs10.163 trillion in net revenue collections for the first 6 months of this FY 2021/22, against a target of Shs11.063 trillion. This represents 45.44% of the annual target. A shortfall of UGX 900.81 billion was incurred with a performance of 91.86%. It
Read MoreAuditor General John Muwanga Government failed to spend and therefore returned back to the consolidated fund Shs3.1Trn in 2021, the Auditor General report dated December 2021 has revealed. This has been attributed to under absorption due to the Covid-19 restrictions. According to the report, Government’s approved budget Shs51.6Trn and of this, Shs46.7Trn was released.
Read MoreA CiplaQCIL staff donating blood To address the growing blood deficit in Uganda, Cipla Quality Chemical Industries Limited (CiplaQCIL), together with the Rotary Mengo Blood Bank, have launched the Hope in Every Drop campaign, targeting all eligible blood donors. Uganda collects an average of 220,000 units of blood annually against the World
Read MoreThe Auditor General John Muwanga (L) handing over the 2021 report to the Deputy Speaker of Parliament Anita Among The Office of the Auditor General has highlighted incidences of rot in the expenditure of covid funds among public agencies. This is contained in the summarized audit report dated December 2021 that the
Read MoreEquity Bank officials unveiling the USSD code to open a bank account Equity Bank Uganda Wednesday morning launched an easier way to open a bank account using a USSD code. This is aimed at tapping into Uganda’s unbanked population. The bank’s Executive Director- Commercial Banking, Michael Matovu Sseguya says the latest addition to
Read MoreThe injured fire victims have been evacuated to IHK hospital. An unspecified number of people have sustained burns following a fuel tank explosion at the Vivo Energy (Shell) Depot on 7th Street in the Industrial area in Kampala. Fire trucks were seen extinguishing the fire that broke out this afternoon. The
Read More20,000 Banknotes The demise of Prof. Emmanuel Mutebile-Tumusiime, the late Government of Bank of Uganda (BoU) doesn’t affect banknotes bearing his signature, the central bank has clarified. "The change of the office bearer or the demise of the person who signed banknotes as Governor does not in any way affect
Read MoreCFAO Uganda officials in a group photo after announcing change of name from Toyota Uganda Toyota Uganda Limited, the market leader in Uganda’s new car industry, announced today that it has changed its name to CFAO Motors Uganda. This transformation goes hand in hand with the progressive expansion of the range
Read MorePresident Yoweri Museveni speaking during the announcement of FID event “D-Day means Day of Departure, and to us, its day of departure to work.” This is what the announcement of the Final Investment Decision on Tuesday means for the oil and gas joint venture companies, according to Total Energies Chairman
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