Business - Page 37

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

UNBS Does Not Have Capacity To Protect Ugandans Against Fake Products On Market: MPs

The Tourism, Trade and Industries Committee of parliament has slammed the Uganda National Bureau of Standards-UNBS for failing to protect consumers against the proliferation of fake goods on the market. UNBS is mandated to enforce standards in the protection of public health,

March 16, 2022

Business

Stanbic’s Anne Juuko Scoops ‘Best Woman CEO’ Accolade From Global Brands Magazine

The London based Global Brands Magazine (GBM) has named Anne Juuko, the Chief Executive for Stanbic Bank Uganda as the ‘Best Woman CEO’ in Uganda’s Banking sector for the year 2021. Uganda has 27 commercial banks, four of which, including a development

March 15, 2022

Business

MTN Uganda Breaks Silence On Saturday System Breakdown

MTN Uganda has spoken out on the Saturday system breakdown— denying that no funds were lost on its clients’ accounts. MTN Uganda last week experienced a huge system breakdown—with industry experts describing the incident as major hack on the company’s mobile money

March 14, 2022

Business·Crime

High Court Upholds Dismissal Of Corrupt Civil Aviation Official

The High Court in Kampala has upheld the decision to dismiss Muzamil Siiku the Senior Administration and Estates Officer at Uganda Civil Aviation Authority for causing loss of more than sh20 million while purchasing COVID-19 Personal Protective Equipment. According to the Judgment

March 13, 2022

Business

BIG STORY: Clients, Agents Lose ‘Cash’ As MTN Mobile Money System Go Down In Saturday Major Hack

MTN Uganda has on Saturday March 12 experienced a huge system breakdown, in what industry experts have described as a likely ‘major hack’ on its mobile money system again. During the system breakdown, all digital enabled transfer services including buying internet or

March 13, 2022

Business

Speke Resort Didn’t Dump Soil in Lake Victoria – Nema Clarifies on False Media Allegations After Site Inspection

The National Environmental Management Authority (NEMA) has clarified that the developer (Speke Resort) did not dump soil into Lake Victoria as allegedly purported by some media platforms. NEMA officials made remarks after a thorough assessment on Wednesday March 09, 2022. Officials clarified

March 10, 2022

Business

Gov’t Urged To Scrutinize External Recruitment Agencies Amid Rising Cases Of Rights Violation

Ambassador Abbey Walusimbi, the Senior Presidential Advisor on Diaspora Affairs, has said government is fully concerned over the increasing cases of human rights violations against Ugandan migrant workers. Amb. Walusimbi made the call while speaking to over 100 recruitment companies that attended

March 10, 2022

Business

Speke Resort & Convention Developer Finally Agrees With NEMA On How The Project Can continue without Compromising The Integrity Of Lake Victoria

The National Environmental Management Authority (NEMA) has finally agreed with Speke Resort and the Convention Developer on how the project can continue without compromising the integrity of Lake Victoria. This website has learnt that NEMA Management Team and Board members visited the

March 10, 2022

Business

Museveni’s Cow Sold At UGX491m

A cow traced back to President Museveni’s Kisozi Ranch herd sold for R2.1m (Shs491.5m) in an auction on Saturday on South Africa President Cyril Ramphosa’s ranch. According to the state-run New Vision, the three-year-old Ankole cow is called Fafa. Ramaphosa used artificial insemination

March 10, 2022

Business

Kairos Consult’s Priscilla Serukka To Lead New Uganda Airlines Board

The Ministry of Works, Transport and Communication has announced a new Board of Directors for Uganda Airlines to replace the one that was suspended in May last year on the orders of President Museveni. Reports quoting a source from the

March 10, 2022

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