In a recent development, Parliament has passed the Income Tax Amendment Bill, 2024, granting Bujagali Energy Limited an additional year of tax waiver. This decision has been made despite the Auditor-General, John Muwanga, sounding the alarm about the significant loss of Shs1.417 trillion in tax exemptions that Uganda suffered in the fiscal year 2022/23. In his December 2023 audit report, ...

In the ever-evolving tapestry of our planet’s climate, April emerged as yet another chapter of unprecedented heat, defying expectations and cementing its place in the annals of weather anomalies. The EU’s climate monitor, in a recent report, unveiled a troubling reality: the world basks in record-breaking air and sea surface temperatures, even as the El Nino weather phenomenon weakens, leaving ...

The organisers of the Fortebet Real Stars Sports Monthly awards have announced the winners for the month of April. The winners came from Football, boxing and Rugby and were rewarded on Tuesday at Jude Color Solutions offices in Kampala. KCCA FC striker and currently Uganda Premier league top scorer Shaban Muhammad was named as the best football player of April. ...

Residents of Masaka, Nyendo, Kayabwe, Lukaya and Buwama were treated to an exciting weekend after unexpectedly getting lots of ForteBet gifts. All the punters that were found at the branches never walked away alone! They received at least a gift, which included phones, wrist bands, pens, caps, T-shirts and team jerseys for their favorite European clubs. The gifts were given ...

In a remarkable partnership that holds great promise for Uganda’s education sector, Benton Technologies Company, a renowned manufacturer of laptops, tablets, and educational software in Shenzhen, China, has committed a staggering investment of $30 million (equivalent to Shs113 billion) to establish a state-of-the-art assembly and production plant. This facility will have the capacity to manufacture one million laptops and tablets ...