Business - Page 74

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

Ugandan Gov’t Finally Okays Licenced External Labour Companies To Resume Work

The government of Uganda through the Ministry of Gender, Labour and Social Development has relaxed restrictions on externalization of labor to enable companies involved in the sourcing of external employment for migrant workers abroad are to resume business. “This is to inform

November 10, 2020

Business

Banking Group I&M Set To Pay USD 33.6m For Orient Bank Uganda Take Over

Banking group I&M Holdings PLC which is part of the I&M Group will pay USD 33.6m (Shs112 billion) to acquire a 90 per cent stake in Uganda’s Orient Bank, according to disclosures in a circular to shareholders. This website has learnt that

November 9, 2020

Business

Disgruntled Ugandans Petition Labour Ministry Over Continued Closure of Labour Externalization Sector

A group of youth led by Joan Namale, who calls herself Charmin of Concerned Citizens, has petitioned the Minister of Gender, Labour and Social Development, Frank Tumwebaze over continued closure of labour external externalization sector even when the airport and other sectors

November 9, 2020

Business

UNBS Boss Dr. Ben Manyindo Quits Agency After 22 Years Of Service

The Uganda National Bureau of Standards (UNBS) has confirmed that its long serving Executive Director, Eng. Dr. Ben Manyindo has retired from the standards agency with effect from 1st November, 2020. “Accordingly, Mr. David Livingstone Ebiru, the Deputy Executive Director in charge

November 9, 2020

Business

Exposed! Disgruntled Journalist Drags BoU To Court Over Twinemanzi’s Alleged Backdoor Appointment As Supervision Executive Director

Ugandan disgruntled journalist Arnold Mukose has dragged Bank of Uganda and the Attorney General to court over the fishy appointment and confirmation of Dr. Tumubweine Twinemanzi as the Executive Director in charge of supervision at the Central Bank. In February 2018, Twinemazi

November 7, 2020

Business·News

City Businessman Hamis Kiggundu Petitions Judicial Service Commission, Wants Principal Judge Zeija Out Of His Case Over Alleged Misconduct

Business man Hamis Kiggundu of Ham Enterprises Limited has petitioned the Judicial Services Commission (JSC) calling for thorough investigation of Principal Judge, Dr. Flavian Zeija. Ham further wants the commission to investigate Zeija’s interests in the Ham Vs Diamond Trust Bank (DTB)

November 6, 2020

Business

Court Trashes Nzeyi’s Case Involving Sale Of NBC To Crane Bank

The Constitutional Court has dismissed an application filed by city businessman Amos Nzeyi in which he challenged the winding up and sale of former Minister Amama Mbabazi’s National Bank of Commerce (NBC) by Bank of Uganda, which later sold it to tycoon

November 6, 2020

Business

DTB Vs Ham Case: Controversial Principal Judge Delays Compensation Of Businessman Ham, Reveals One Of The Parties Tried To Bribe Him

The Principal Judge, Dr. Flavian Zeija has revealed that one of the parties in the Diamond Trust Bank vs Hamis Kiggundu Shs120bn case tried to bribe him to influence his decision. “I was flabbergasted by one of the parties sending emissaries to

November 2, 2020

Business

Uproar, Mixed Reactions As Only One Company Is Approved By Labour Ministry To Export Workers

The labour externalization sector is unsettled after the commissioner of labour at the Ministry of Gender, Labour and Social Development (MGLSD) Lawrence Egulu on behalf of the permanent secretary issued a job order to Saliwa Recruitment Agency Uganda Limited allowing them to

November 2, 2020

Business

Double Loss: Court Trashes Simbamanyo Estates Loan Case Appeal With Costs

The Court of Appeal in Kampala has dismissed with costs, an application in which the proprietors of Simbamanyo Estates Ltd had sought to halt the auctioning of its prime properties in Kampala which was meant for Equity Bank Ltd to recover outstanding

October 29, 2020

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