Browsing: Business

Uganda’s taxation body, the Uganda Revenue Authority (URA) has spoken out on reports that it was planning to tax the money earned by Joshua Cheptegei and Jacob Kiplimo for winning medals in the men’s world 10,000m in Oregon on July 17. 

Ugandan President Yoweri Kaguta Tibuhaburwa Museveni is convinced the country he has led since 1986 has already attained the middle income status and not even the World Bank’s contrary opinion will stop him from making all and sundry join him in celebrating this milestone. 

Ugandans have been reacting to a proposal by American actor Terrence Howard to develop a new Hydrogen technology to secure and defend the sovereignty of Uganda.

Uganda has placed an order for at least eight million liters of fuel as her eastern neighbor Kenya counts down to the August 09, 2022 presidential election, the Ministry of Energy and Mineral Development has announced. 

Plans for government to buy shares in ROKO Construction limited are not the best option to save the financially constrained company from sinking, a Committee of Parliament has advised. 

MTN Group has announced the appointment of new CEOs for operations in Cameroon, Rwanda and Uganda effective September 01, 2022, with Sylivia Mulinge expected to replace Wim Vanhelleputte as MTN Uganda CEO. 

All is not well at the National Water and Sewerage Corporation (NWSC) after staff wrote an open letter to Managing Director Eng Dr Silver Mugisha, complaining about ‘unfair salary scales.’

All Ugandan districts, municipal councils (municipalities) and cities will share Shs5.1tn of the country’s national budget for the 2022-2023 Financial Year which starts next month.

Details have emerged on the manner in which most Ugandan MPs received Shs40m each at two venues: Parliament and at the home of Speaker Anita Annet Among, both located in the capital Kampala.