Uganda Revenue Authority (URA) has collected Shs9.2trn in the last three quarters (9 months) of 2016/17 Financial Year (FY), a contribution of 70.11℅ to the annual target of 13.1trn. However, the tax body registered a shortfall of Shs240bn in the same period, thanks to the bad economy. Addressing the press
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South Africa's Vodacom is set to a 35 percent stake in Safaricom from its parent company Vodafone for US$2.59 billion (Shs9.39 trillion), expanding its reach into Kenya. Safaricom, which is 40 percent owned by Britain's Vodafone and 35 percent by Kenya's government, has the largest subscriber base in its home
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The National Drug Authority has urged the public against buying medicines that aren’t translated in English. This comes follows the findings that some imported medicines on the Ugandan market aren’t labelled or translated in English yet it is mandatory. For example, NDA recently found TobraDex that is produced by Alcon
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Uganda’s President, Yoweri K. Museveni has strongly condemned the use of torture by police against suspected criminals, noting that it is ‘unnecessary.’ Below is Museveni’s guide to security agencies on the allegations of torture of suspects: PO/2 15th May, 2017 The Chief of Defence Forces UPDF Headquarters
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The International Monetary Fund (IMF) projects Uganda's economic growth to slow down to 3.5 to 4 percent in 2016/17 financial year, down from the earlier anticipated 5 percent due to drought and slow credit growth. "The drought held back activity in the first part of the year. Private sector credit
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The Chinese Ambassador to Uganda Zheng Zhugiang has said his country will do whatever it takes to help Uganda’s efforts of attainment of the middle income status. Speaking during a function to hand over two pickups to Operation Wealth (OWC) Creation on Monday, Zhugiang said they will always be available
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Uganda Peoples Defence Forces (UPDF) soldiers in the Central African Republic (CAR) have been accused of sexually abusing women in the war affected country. Human Rights Watch said on Monday that at least 13 women and girls have been sexually exploited or abused since 2015. The human rights body adds
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A computer malware that has spread across 150 countries appears to be slowing down, with few reports of fresh attacks in Asia and Europe on Monday. However staff beginning the working week have been told to be careful. The WannaCry ransomware started taking over users' files on Friday, demanding $300
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Some Kenya Defence Forces soldiers have claimed to be immune to HIV. According to a study conducted at the Forces Memorial Hospital in Nairobi, another small but significant number of soldiers who participated in the study claimed to enjoy divine protection against the virus. “About three per cent believed that
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Stanbic Bank shareholders have approved a Shs60bn payout as dividends at their Annual General Meeting held on 10th May in Kampala. This represents a 50% increment from the Shs40bn paid in 2015 and is equivalent to Shs 1.17 dividend per share, up from Shs0.78 the previous year. Opening the AGM
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