Kampala, Uganda | GODFREY SSALI | Hearing of defence evidence in the Sh24.7 billion Katosi case against former works minister Eng.Abraham Byandala flopped on Monday after one of the lawyers failed to turn up. The Anti-Corruption Court last week ordered Byandala to defend himself saying that prosecution presented with sufficient evidence …

Maize prices drop by 70% as exports to Kenya reduce due to political uncertainties Kampala, Uganda | JULIUS BUSINGE | Uganda’s farmers could battle to sell some of their surplus maize as major customers who mainly export to Kenya cut back on their purchases citing political uncertainties in the latter …

  UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet  Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five  years ago. …

Savers suggests Fund’s flexibility to allow them access part the saving to meet their needs Kampala, Uganda | JULIUS BUSINGE | The National Social Security Fund (NSSF) members are expected to earner higher returns on their savings for the 2017/18 financial year, according to its Managing Director, Richard Byarugaba. Byarugaba …

  Government drafting guidelines to deal with defaulting retail chains    Kampala, Uganda | JULIUS BUSINGE | Supermarkets in Uganda have made it a habit not to pay or delay payments to suppliers of goods and services in time but that will soon come to an end once the government’s proposed …

What is the country losing by focusing on it? Kampala, Uganda | JULIUS BUSINGE | Is the ongoing debate on Article 102 (b) of the Constitution to lift the Presidential age limit the most important issue MPs and the government should be focusing on? Are there no other biting socio-economic …

Kampala, Uganda | JULIUS BUSINGE | Two government ministers, Matia Kasaija – Finance and Mary Karooro Okurut – General Duties, have called on taxpayers to willfully meet their tax obligations to enable government offer services without hurdles. The ministers were speaking at the opening of the three day Taxpayers Appreciation Week …

Kampala, Uganda | JULIUS BUSINGE | On Sept. 26, the National Social Security Fund (NSSF) broke the ground to construct 2, 740 housing units in Lubowo – about 16 kilometers away from Kampala city. The new project is being constructed on the 565 acres of land and it is a build …

MP Abigaba roots for investment in the manufacturing of eco-friendly paper bags to replace ‘Kaveera’ Kampala, Uganda | GODFREY SSALI | Government has been urged to invest in the manufacturing of eco-friendly paper bags made from banana stems. The eco-friendly paper bags will help waste disposal by households as Uganda moves to implement the …

Experts blame it on bad economy, call for quick fixes Kampala, Uganda | JULIUS BUSINGE | On Sept. 07 Bank of Uganda (BoU) released a delayed annual supervision report for the financial sector for the year ended December 2016. The reasons that delayed the report that normally comes out in …