Business - Page 13

URA To Clamp Down On Container Agents Exploiting Small Traders

The Uganda Revenue Authority (URA) has announced a firm stance against exploitative practices by intermediaries commonly known as container leaders, who are accused of manipulating small and medium-sized traders through inflated fees, delayed shipments, and deceptive customs processes. This declaration came during

May 9, 2025

Business

After Sponsoring Summit On Fighting Illicit Trade, BAT Now On Spot For Smuggling Cigarettes Into Ugandan Market And Evading Billions In Tax

British American Tobacco (BAT) Uganda and BAT Kenya are on the spot following an investigation which reveals that the companies may have taken advantage of the loopholes in tobacco control governance systems and control the illicit trade of Tobacco products to dump

April 6, 2023

Business·National News

Gov’t, Sudhir Convention Centre To Be Ready By January Next Year

The government of Uganda and real estate muloodi Sudhir Ruparelia are set to construct a joint venture Convention Centre at Commonwealth Speke Resort Hotel Munyonyo at a cost of USh 147 billion. There is great urgency around the Convention Centre project, which

April 4, 2023

Business

BANKS: We Have Failed To Identify SMEs For COVID-19 Relief Fund

Leaders in the banking industry say that they have failed to identify people who qualify for the government’s COVID-19 relief fund meant for small and medium enterprises. It comes a few days after the Bank of Uganda revealed that only Shillings 6 billion

March 28, 2023

Business·East Africa

Sudhir tells World investors: Why You Should Invest In Uganda Under Museveni’s Governance

Uganda’s richest man Dr Sudhir Ruparelia has spilt secrets about why Uganda is a land of opportunities which propel businesses to thrive. The money magnet further revealed how accommodative Ugandans are, a reason some foreign families have been able to live in

March 25, 2023

Business·National News

From Vending Garments to Uganda’s Finest Business Mogul: How Hamis Kiggundu’s Story Inspires Young Entrepreneurs

When you ask most Ugandans about famous names of successful businessmen in Kampala, one name will fetch you many mentions. The name and the man himself is Hamis Kiggundu, one of Uganda’s youngest billionaires. Born in February 1984 to Mr. Haruna Segawa

March 10, 2023

Business·National News

President Museveni Intervenes To Resolve Convention Centre Raw

Businessman Sudhir Ruparelia and the government of Uganda agreed to build a modern Convention Centre at Commonwealth Speke Resort Munonyo. The centre will host 3,000 delegates and its first conference will be the Non-Aligned Movement (NAM) scheduled for this year. The signing

February 14, 2023

Business

OP-ED: President Museveni Made a Perfect Decision To Travel With Mogul Hamis Kiggundu To UAE

On Sunday 15th January 2023, H.E President Yoweri Kaguta Museveni departed Entebbe to the United Arab Emirates (UAE) for a three-day working visit. The President met different groups of investors interested in doing business in Uganda in the field of Oil and

February 1, 2023

Business

Tycoon Sudhir’s New Kabira Country Club 350 Apartments Redefines Bukoto Skylines

The extension of Kabira Country owned by city tycoon Sudhir Rupaleria has redefined the skylines around Bukoto-Ntinda areas with the new leisure facility imposing a magnificent image in the area. The leisure facility, once complete, will be East Africa’s biggest leisure hotel

January 1, 2023

Business·Crime·National News·Uganda

DAYLIGHT ROBBERY: Frustrated Customer Exposes Airtel Uganda In UGX 750,000 Data Fraud, Asks GoU To Force a Forensic Audit, Sweeping Reforms At Telco

Kampala: A top Kampala software engineer has come out to share with Ugandans his ‘frustrating and exploiting’ experience with Airtel Uganda Data bundles alleged ‘fraud’. Mr Tito [not real name, prefers anonymity] who was once Airtel Uganda’s proud customer is now spitting

December 29, 2022

Business·National News

But Why Has BoU Delayed To Pay Sudhir Billions Wasted In Bogus Case? Full Torch Into Court’s Decree Directing BoU To Stop Zigzagging

In the Supreme Court ruling delivered by Hon. Chief Justice Prof. Lillian Tibatemwa-Ekirikubinza JSC (as a single judge), on 1st July 2022, re-emphasized that once a company is placed under receivership, it doesn’t lose its legal existence-another loss for Bank of Uganda (BoU).

December 26, 2022

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