Increased advertising by companies during September played a role in sustaining strong business output and attracting new clients as the headline Stanbic Bank Purchasing Index (Stanbic PMI) dropped slightly to 54.2 compared to the 56.3 posted in August. The threshold for a positive business outlook is 50.0. “Strong business output and new order growth were…
During a panel discussion held on Tuesday in Pakwach District, URA officials, alongside other key stakeholders, called for urgent action to strengthen anti-smuggling measures and protect legitimate businesses. The Uganda Revenue Authority (URA) has condemned smuggling as a serious economic crime, labelling it “economic terrorism” that threatens Uganda’s market stability. During a panel discussion held…
The Cops secured a 1-0 victory over Kitara at Royals Park in Hoima to hand last season’s revelation their third consecutive loss. Kitara’s wait for a win at their new home in Hoima City continues after another defeat to StarTimes Uganda Premier League returnees Police. The Cops secured a 1-0 victory over Kitara at Royals…
FRI 07 JUN, 2024 08:37By Edward Kafufu Baliddawa It is reported that the farmers in Kumi and Bukedea are stuck with cassava. We even see an overflow of dried cassava at the weekly flea Bukedea market. This shows the growing predicaments that our village farmers face on account of lack of agro-processing to add value to…
he Marburg vaccine has only been tested in adults aged 18 and older, with no current plans to conduct trials in children. BBC | Rwanda has said it will begin vaccine trials for the fatal Marburg virus, which has already killed at least 12 people in the country – most of them health workers. Rwanda…
By Macklean Kukundakwe Counterfeits in the construction industry pose a significant threat to consumers, local manufacturers, and the economy at large. These substandard products compromise the safety and integrity of structures, lead to financial losses, and undermine the credibility of genuine manufacturers. st our consumers have accorded us. To combat counterfeits, Uganda Baati has implemented…
The theme for Uganda’s 62nd Independence Anniversary, “A Recommitment to Secure and Fortify Our Destiny,” signifies more than just celebrating past achievements. By Mike Segawa It calls for a renewed focus on empowering the youth and building a sustainable future. As Uganda stands at a critical juncture with 75% of its population under the age…
Misclassification has allowed companies like Koudijs Uganda, Agrivetis Uganda Ltd, and Impact Sales Uganda Ltd to evade paying taxes, while local producers who use organic materials such as soya, sunflower, and cotton are left grappling with unfair competition. NATIONAL | The Uganda Revenue Authority (URA) is at the centre of a brewing scandal, accused of…
Two Ugandan engineers who were kidnapped by South Sudanese soldiers a few months ago have been released following discussions involving the Chief of Defence Forces, Gen Muhoozi Kainerugaba. The engineers, identified as Mr. Joachim Musinguzi and Mr. Julius Kitende, were freed after a meeting between Gen Muhoozi, and Gen Santino Deng Wol, his South Sudanese…
While the government is set to celebrate this milestone, critics argue that Uganda remains stagnant, with little to show for its long journey of self-rule. As Uganda prepares to mark 62 years of independence from British colonial rule, opposition voices are raising concerns about the country’s progress since 1962. While the government is set to…
