Only 17% paid OTT as URA registers Shs 284bn shortfall
Ugandans have continued to avoid paying the over the top services (OTT) daily taxes, with Uganda Revenue Authority (URA) collecting a mere Shs 49.5bn...
URA registers biggest surplus in history
Uganda Revenue Authority collected 16.6 trillion Shillings, much more than it had estimated in the just-ended financial year. Against a target of 16.4 trillion...
High Court blocks Standard Chartered Bank from auctioning Senana Investments’ properties
The High Court in Kampala has issued a temporary injunction blocking Standard Chartered Bank from auctioning property belonging to Senana Investment.
Commercial Division Registrar Festo...
ICT Stakeholders Partner To Promote Competitive ICT Sector In Uganda
The information communication technology association of Uganda (ICTAU), in partnership with the international trade centre (ITC), has held the first ICT stakeholders Round table...
The quiet life of ‘Mukwano’ that inspired a multi billion empire
By URN
It was a somber mood at the head offices of Rwenzori Commodities Limited on plot 11 Old PortBell Road in Kampala on Thursday...
Rwanda Trade Fair To Attract $40 Billion In Trade Deals
Organisers of the 2nd Intra-African Trade Fair (IATF2020), said they are expecting to surpass the volume of deals recorded at the inaugural trade fair held...
Kenya diaspora remittances top in East Africa
Kenyans living abroad sent home more money last year than the rest of the East Africa Diaspora combined, World Bank data shows, revealing the...
Another Bombshell for Anite? Bemanya’s contract renewed nine months in advance
State Minister for Investment and Privatisation Evelyn Anite is soon swallowing her words about sacking Bemanya Twebaze as the administrator of Uganda Telecom Limited.
This...
Airtel Africa to list on Nigerian stock exchange
The Nigerian Stock Exchange on Friday said the secondary listing of Airtel Africa shares planned for July 5 had been postponed to ensure the...
Chinese firm sets up Uganda’s first phone manufacturing plant
ENGO Holdings Limited, a subsidiary of Chinese tech firm SIMI Group on Thursday broke ground to construct a facility that will host Uganda’s first phone and...