Business

The National Unity Platform (NUP) party spokesperson and Leader of Opposition (LOP) in parliament Joel Ssenyonyi has expressed satisfaction with the progress of works at the Africa coffee park in Ntungamo. While speaking to the media on December 12, 2024 Ssenyonyi noted that their visit to Ntungamo showed progress of the coffee park project and unlike other projects, the progress was visible. “Unlike other projects where the government has injected billions of tax payer’s money, the coffee project in Ntungamo shows...

In a significant breakthrough for Uganda Revenue Authority (URA) enforcement alert team a notorious Nile Perch smuggler has been apprehended with a staggering haul of over 3,800 unaccustomed mobile phones valued at UGX 1.9 billion in tax. The operation led by Team One of URA took place in a warehouse in Old Kampala following a tip-off from a newly recruited confidential informant. According to the URA enforcement alert team in a statement on December 12,2024, this seizure highlights the ongoing challenges...

The Deputy Director General of the Internal Security Organization (ISO), Colonel Emmy Katabazi, has implored the Mbale ghetto youth to involve themselves in income-generating activities that will help them eradicate poverty and improve their economic well-being. Col Katabazi was meeting the ghetto youth of Mbale city at Mbale Secondary School in Mbale city on Wednesday, December 11, 2024. He assured the ghetto youth that Uganda is their country, where they should serve with dignity and that peace and security will continue...

The Commissioner of the Internal Audit Management Department in the Office of the Internal Auditor General at the Ministry of Finance (MOFED), Hussein Kabyanga Isingoma, has been appointed as the head of the International Monetary Fund (IMF) external auditor committee. IMF announced Isingoma's appointment on Friday, December 6, 2024, on their website. The fund added that Isingoma assumed the chairmanship of the Committee (East African Community) on November 1, 2024, for a period of one year ending in October 2025. According...

The Permanent Secretary of the Ministry of Lands, Housing, and Urban Development, Dorcas Okalany, has urged all stakeholders, including real estate agents, buyers, sellers, and investors, to contribute their input toward shaping the Real Estate Bill, 2024 draft, which is aimed at fostering a transparent, ethical, and sustainable real estate market. Okalany made the remarks on November 27, 2024, while giving an address at the opening of the two-day consultative workshop on the draft Real Estate Bill, 2024, at Kampala...

The government of Uganda has officially launched new driving license fees for motorcycle riders following a directive from President Yoweri Kaguta Museveni aimed at making licensing more affordable. During the launch on Tuesday, November 26, 2024, in Kampala, the Ministry of Works and Transport announced that the revised fee is now set at UGX 100,000 for a one-year license, significantly reducing the previous costs that ranged from over UGX 300,000 and had drawn widespread criticism from boda boda operators. According to...