Business

Archbishop of the Church of Uganda[center] and members of Post Bank

PARLIAMENT – Legislators have rejected the Alcohol Control Bill, 2023 that sought to regulate the purchase, sell and consumption of alcohol.The private members Bill that was introduced for the first time by Tororo District Woman Representative, Hon. Sarah Opendi in November 2023 also aimed to regulate the time and premises where alcohol would be sold […]

BUIKWE – West International Holding (WIH) has embarked on construction of a  $200M cement factory in Njeru, Buikwe that is expected to bring down the price of Ugandan cement when it is completed in September 2025. The factory is the 2nd project after President Yoweri Museveni commissioned another plant in Moroto by the West International Holding […]

PARLIAMENT – The Uganda National Roads Authority will have to renegotiate a contract with Chongqing International Construction Corporation (CICO) for the reconstruction of Masaka-Mutukula Road and rehabilitation of several roads in Masaka District, Parliament has guided.The legislators want the China Export & Credit Insurance Corporation (Sinosure) insurance component worth Shs 38.86 billion embedded in an […]

By our reporterPARLIAMENT – The Ministry of Finance, Planning, and Economic Development is in the final stages of drafting a National Tax Policy to address some of the current economic challenges.The policy expected to become public in December, will provide a set of guidelines for the taxation of goods, services, and income as a vital […]

By our reporter PARLIAMENT – The Deputy Speaker, Thomas Tayebwa, has asked the Minister of Foreign Affairs, Jeje Odongo, to respond to allegations of the use of Uganda’s consulate in Dubai, United Arab Emirates (UAE) as a casino.  This follows media reports indicating that Uganda’s consulate building in Dubai, is being used as a covert […]

KAMPALA – The Ministry of Works and Transport has reduced the riding permit fees for cyclists. Boda Boda riders have in the past expressed concern about the exorbitant charges for acquiring the permits.The Police have on several times impounded motorcycles and arrested the riders for lack of a riding permit, and third pay insurance among […]

By Our reporterENTEBBE – President Yoweri Kaguta Museveni has met the leaders of the ghetto SACCOs in Kampala Metropolitan Area at State House Entebbe.The group included 100 ghetto youth leaders who are also the heads of the 12 ghetto SACCOs in Kampala, Wakiso and Mukono. The beneficiaries of the SACCOs are from; Rubaga Kakeeka Zone […]

Police warns striking Kampala traders By Our reporterKAMPALA Police has told striking traders to refrain from as authorities find solutions to their grievances.Traders against a proposed tax collection system have resumed their protests by shutting down their Kampala businesses from Wednesday July 31, 2024, unless President Museveni re-schedules a twice deferred meeting with the group […]