Finance

The Lotteries and Gaming Act, 2016 is amended by substituting Schedule 4 which provides for a rate of twenty percent (20%) of the total amount of money staked less the …

The first quarter of the year ended with a largely positive outlook as strengthening customer demand continued to drive improvements in business conditions in the Ugandan private sector, according to …

PostBank Uganda has today announced its financial results with a 19% increase in net profit for the year ended December 31st, 2022. The state-owned bank reported a net profit of …

Non-Governmental Organisations(NGO) play a critical role in the socioeconomic development of a country, whether that be the creation of citizen agency or creating employment for thousands of citizens. In the …

With effect from July 1, 2023, all vehicle registration functions will be handled by the Ministry of Works and Transport (MoWT). This move is the final stage in the transition …

dfcu Bank has appointed Mr. Charles M. Mudiwa as Managing Director and Chief Executive Officer, effective 11th April 2023. Charles brings on board over 26 years of experience in Banking, …

The Income Tax bill that was published on 30th March 2023 is spectacular in as far as it attempts to make dramatic reforms in tax. Apart from doing away with …

Stanbic Holdings Uganda Limited (SHUL) has reported that profit after tax went up 33% to UGX357.4 billion from UGX269.3 billion in 2021. Assets surged 3.9% from UGX8.7 trillion to UGX9.1 …

The National Social Security Fund (NSSF)has given all employers in Uganda a 30-day deadline to register and remit social security contributions for their employees. Acting Managing Director Patrick M. Ayota …