News

Passengers boarding Uganda Airlines Airbus A330-800 Neo aircraft Plans by the Uganda national carrier to launch direct flights to London, United Kingdom have been hindered by changes in aviation procedures that came after Great Britain exited the European Union bloc. Before the exit, also known as Brexit, airlines operating flights to

Muwanga Kivumbi, the Butambala County MP led the probing MPs on Parliament’s Finance Committee have questioned officials from Uganda Revenue Authority (URA) on the Shs7 trillion  Tax Exemptions, with demands to have the list of Ugandan individuals and companies that are benefiting from the tax bonanza. Muwanga Kivumbi, the Butambala County MP, led the probing

Julius Mukunda, Executive Director Civil Society Budget Advocacy Group (CSBAG) A section of Civil Society Organizations have asked Government to halt the full implementation of the famed Parish Development Model (PDM) and rather have it tried in two districts before it is rolled out to other parts of the country. The

The Bank of Uganda mobilized 12 trillion shillings through the Primary Dealer Market Makers in the treasury bills and bonds over the year ended December 2021. Another 1.4 trillion shillings was transacted during the same period through private placements, (as opposed to the open market auction) compared to UGX 10.9

Members of the Budget Committee of Parliament have asked their counterparts in the Trade commitee to examine the viability of investing 269 billion Shillings through Uganda Development Corporation (UDC) to multiple private enterprises. This followed a presentation of the report of the Trade committee on the National Budget Framework Paper

The Education Service Commission has uncovered ‘huge’ sums of money inserted in one of the application documents submitted for one of the recently advertised job lots. Available information indicates that the panel headed by Rev Prof Dr Samuel Abimerech Luboga, was reviewing applications for the posts of headteachers to shortlist

Persons who are not vaccinated against COVID-19, will not be allowed to attend musical shows and concerts when the entertainment industry reopens next week. The entertainment industry will reopen on January 24, 2022, exactly 14 days after the reopening of schools, in line with guidelines issued by President Museveni at

Tirupati Development (U) Limited has sued Bank of Uganda (1st defendant), KCB Bank Uganda (2nd defendant), KCB Bank  Kenya ((3rd defendant) and Financial Intelligence Authority (FIA) – 4th defendant-over a number of grievances including negligence, money laundering, fraud and conspiracy to defraud, conversion, detinue, deceit, breach of fiduciary duty, breach