Uganda’s women lead in doing business worldwide

Uganda’s women lead in doing business worldwide

Despite an ailing economy, Uganda has the most entrepreneurial women in the world according to a new study. The Mastercard Index of Women’s Entrepreneurship (MIWE) report released recently, revealed that 34.8 percent of businesses in Uganda are owned by women, making it the top performing country in the world. The MIWE is a weighted index […]

Denis Sabiti’s Standard Gauge Railway report rubbished by fellow MPs

Denis Sabiti’s Standard Gauge Railway report rubbished by fellow MPs

Parliament has Tuesday declined discussing a damning report of the Committee on Physical Infrastructure on Uganda’s ambitious $12.8b (Shs46trillion) Standard Gauge Railway (SGR) and Light Railway Transit project. The report compiled by the committee of parliament chaired by Hon Dennis Sabiti  (Rubanda County) had questioned the class of railway designed by Uganda, cost and capacity […]

Uganda shutting down border with Tanzania

Uganda shutting down border with Tanzania

The government of Uganda has ordered a closure of its southern border closing with the Republic of Tanzania at  Kikagati border post in a bid to fight “mafias” involved smuggling. Tax body Uganda Revenue Authority – URA said the closure of  Kikagati border followed a reported increase in cases of smuggling. Kikagati is a very popular […]

‘Gen. Muhoozi Kainerugaba behind Nakivubo Parkyard saga’

‘Gen. Muhoozi Kainerugaba behind Nakivubo Parkyard saga’

The resistance movement against city tycoon, Mr Hamis Kiggundu of Ham Enterprises (U) Ltd is getting a new member: MP  Muwanga Kivumbi. In an appearance on Radio Simba’s ‘Gasimbagane ne banawulire’ political show, the shadow internal affairs minister Muwanga Kivumbi said that Kampala Capital City Authority (KCCA) did not have any involvement in the demolition of […]

Dfcu finally fires 300 former Crane Bank workers

Dfcu finally fires 300 former Crane Bank workers

The top bosses of dfcu Bank have finally done what was expected. At least 300 employees formerly working with Crane Bank Limited have been showed the exit door. According to available information, Crane Bank was employing about 700 people but only 450 managed to keep their jobs. This follows the January takeover of Crane Bank […]

OIL BONUS PAYMENT: URA boss Doris Akol had asked for Shs117 billion

OIL BONUS PAYMENT: URA boss Doris Akol had asked for Shs117 billion

New findings indicate that the Uganda Revenue Authority Commissioner General has submitted a request for additional funds of Shs117 billion before picking Shs6 billion during the course of the year from the tax body’s budget to selected government officials as a reward for winning two major oil cases. This revelation was made by the Auditor General Mr […]

‘All Ugandans to have electricity’

‘All Ugandans to have electricity’

The Ugandan government is working to ensure that all Ugandan residents have access to electricity, including those living in remote areas, an official from the energy ministry has stated. The commissioner for renewable energy resources at the ministry of energy, John Tumuhimbise, said that government has set up a renewable energy policy framework, which sets […]

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