The Uganda Revenue Authority (URA) has paid UGX 2.4 billion to Canaan Sites Limited after, admitting that it erroneously collected Value Added Tax (VAT) from the real estate company following the sale of unimproved land, which is exempted from tax. According to a consent settlement order dated March 30th seen by the publication, URA agreed […]
The Nakawa Court Chief Magistrate Christine Nantege, has directed businessman Mukesh Shukla, the proprietor of Shumuk Aluminium Industries, to conclude his long-running criminal trial without further delays. Her Worship Nantege, issued the directive during court proceedings in which Shukla allegedly defrauded Shahid Mahmood Alvi of UGX 220 million, after a prolonged absence that had raised […]
The Minerals Protection Unit, led by the Zonal Commander, on Tuesday closed an illegal gold mining site located in Mabuka Village, Bukana Sub-county, Namayingo District, following a partial cave in of the mine over the weekend. According to a statement released by the force on Wednesday, the operation which started at 2:12 pm, was aimed […]
The Buganda Road Chief Magistrates Court, has charged and remanded four more suspects over the robbery of seven laptops from the Bank of Uganda (BoU), headquarters along Kampala Road on May 3rd this year. Buganda Road Chief Magistrate Ritah Neumbe Kidasa, on Wednesday charged the four suspects with the theft of seven laptops from the […]
The State Minister for Transport, Fred Byamukama, has suspended the operations of Nile Star Bus Limited for 30 days, following an accident in the wee hours of Monday that claimed at least seven lives and left 13 others injured at Purongo Town Council in Nwoya district, along the Pakwach-Olwiyo- Karuma Highway. “We have made statistics […]
The National Resistance Movement (NRM) parliamentary caucus, has resolved to support the Protection of Sovereignty Bill, 2026 in a move expected to clear the way for its debate in parliament. In a statement shared on Tuesday, the government chief whip and chairperson of the caucus Hon Obua Denis Hamson, said the decision was reached after […]
Yet to be identified thugs have broken into the Bank of Uganda Head Office premises at Plot 45, Kampala Road, and stolen seven laptops. According to sources, the theft at the offices located near the City Square, occured in the wee hours of Monday. Following the raid, joint security forces visited the bank, picked evidence and […]
KAMPALA BUSINESS WEEKLY — Success often comes from unexpected places, and for Okello Rogers, the journey began on athletic tracks thousands of miles away from home. Born in Kanungu District in 1990, Rogers spent his childhood facing economic hardship. Despite these challenges, he developed a passion for athletics and dreamed of competing on larger stages. […]
The Chairperson of the Presidential Advisory Committee on Export and Industrial Development (PACEID) Odrek Rwabwogo, has urged for a measured stand to be taken by all stakeholders on the proposed Sovereignty Bill 2026. While addressing journalists on the side lines of the second phase of a four-day PACEID Hospitality Impression Training in Entebbe on Wednesday, […]
As consultations continue on the proposed controversial Sovereignty Bill 2026, the Ministry of Finance has backed the bill, hours after the Bank of Uganda Governor warned that the bill will disrupt the country’s financial stability. While appearing before the Joint Committee on Defence and Internal Affairs and Legal and Parliamentary Affairs on Tuesday, the Governor […]
Welcome, Login to your account.
Welcome, Create your new account
A password will be e-mailed to you.