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Uganda to pay Shs800b to acquire UMEME majority shares

Government is set to pay Shs802.17 billion ($215 million) to acquire majority shares in UMEME, the country’s main electricity distribution company. This comes at a...

Works Ministry to start registration of vehicles in July

The Ministry of Works and Transport (MoWT) is set to handle all vehicle registration functions with effect from July 1, 2023. This move is...

Accidents claim over 35 people during Easter Season

At least 37 people died in road accidents during Easter Season. The revelation was made by Assistant Superintendent of Police (ASP) Faridah Nmapiima. According to Nampiima,...

NHCC, UAE investors meet to explore potential in Ugandan market

The Consul General of Uganda's Consulate in Dubai, Ambassador Henry Mayega, the Chief Executive officer of National Housing and Construction Company (NHCC) Eng. Kenneth...

Uganda to impose unit trust contributions in new tax law 

The Uganda government plans to impose a 15% withholding tax rate on Unit Trust contributions or Collective Investment Schemes, according to a new income tax law. The...

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