The United States Government issued Monday a business advisory to its businesses, organisations and individuals alerting them of the potential risks they may face while exercising or planning to conduct …
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Banking & SavingsFinanceLatest NewsNews
Surge in customer complaints trigger high compensation cases at banks
In a remarkable turn of events, banks and other closely monitored financial institutions have witnessed a staggering surge in compensations tied to customer grievances, a clear indicator of elevated risks …
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AviationIndustry & TradeLatest NewsNewsTourism
Uganda Airlines’ direct route to Nigeria to spur trade, tourism
Uganda Airlines made an inaugural direct flight to Lagos, Nigeria on Thursday, October 19, 2023. The Airline will deploy a 250-seater Airbus A330neo to operate the new route. The launch …
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In a watershed moment for African nations, the struggle to adapt to the fast-paced digitalisation of economies has surged to the forefront of global concerns. As the digital age reshapes …
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The annual Plenary meeting of the OECD’s Forum on Tax Administration (FTA) convened in Singapore from October 11 to October 13, 2023, drawing together tax commissioners, delegates, and experts from …
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A recent report released by the National Planning Authority (NPA) has sounded a distressing alarm in Uganda. It reveals that a staggering 4.2 million young Ugandans, categorized as ‘Neither in …
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The audit support missions conducted by ATAF from January to August 2023 resulted in impressive additional tax assessments. A total of USD 39.2 million was assessed, reflecting the effectiveness of …
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According to FPU, only a handful of fishermen and boat owners have been able to pay the mandatory sh150,000 to sh175,000 annual tax and in similar fashion only a few …
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The soaring numbers can be attributed to the full reopening of key tourism source markets, including Europe, North America, Asia, China, Japan and Africa. Africa continued to be the primary …
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