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Home » Business & Economy

Browsing: Business & Economy

Uganda deregisters over 37,700 companies over non-compliance

By Michael WandatiJune 23, 20263 Mins Read0

KAMPALA, Uganda — The Uganda Registration Services Bureau (URSB) has deregistered 37,702 companies for failing to comply with statutory filing obligations, in one of the largest…

Why Anti-Counterfeit Authority raided Shiquo Hii Style’s shop

By Michael WandatiJune 11, 20263 Mins Read0

NAIROBI, Kenya — The Anti-Counterfeit Authority (ACA) has responded to reports surrounding the confiscation of suspected counterfeit goods from a shop in Nairobi’s Central Business District,…

Uganda projects 10.2% growth as oil production set to transform economy

By Michael WandatiJune 11, 20264 Mins Read0

KAMPALA, Uganda — Uganda’s economy continues to show “remarkable resilience and dynamism” and is set for a major growth acceleration as the country prepares to begin…

Ugandans brace for higher costs as new tax measures take effect

By Michael WandatiJune 4, 20265 Mins Read0

KAMPALA, Uganda — Ugandans are set to feel the impact of a raft of new tax measures approved for the 2026/27 financial year, with economists…

KALRO, KEBS warns of high aflatoxin levels in Kenyan cereals

By Michael WandatiJune 3, 20264 Mins Read0

NAIROBI, Kenya — Kenyans have been warned about the presence of cereals contaminated with dangerously high levels of aflatoxins in local markets, raising fresh concerns over…

PayPal freezes funds, restricts Kenyan accounts amid money-laundering crackdown

By Michael WandatiJune 3, 20265 Mins Read0

NAIROBI, Kenya — Thousands of Kenyan freelancers, online traders, startups, and digital entrepreneurs are facing uncertainty after PayPal intensified account verification and anti-money laundering compliance…

Ride-hailing firm Bolt dismisses claims of Kenya market exit

By Michael WandatiJune 2, 20263 Mins Read0

NAIROBI, Kenya — Ride-hailing company Bolt has dismissed claims suggesting it is exiting the Kenyan market, confirming that a widely circulated document alleging its closure is…

Tomato prices soar in US as tariffs, inflation drive food costs higher

By Michael WandatiMay 29, 20264 Mins Read0

NEW YORK, United States — Tomatoes, a staple ingredient found everywhere from fast-food burgers to fine dining kitchens, are rapidly becoming one of the clearest…

Taxed to the limit: Inside East Africa’s invisible debt squeeze

By Michael WandatiMay 15, 20264 Mins Read0

NAIROBI, Kenya — Across East Africa, governments are tightening tax regimes and cutting spending as public debt levels climb, placing growing pressure on households already…

Uganda gold refiner Thaba Investments under scrutiny over $51m export gap

By Michael WandatiMay 13, 20264 Mins Read0

KAMPALA, Uganda — Uganda’s rapidly expanding gold export industry is facing fresh scrutiny after allegations emerged that one of its leading refining companies significantly underreported…

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