Jim Sykes Ocaya

Jim Sykes Ocaya is the Business Editor at The Ankole Times, where he spearheads comprehensive coverage of the business landscape in Uganda. With a keen eye for market trends, financial analyses, and corporate developments, Jim ensures that The Ankole Times delivers top-notch business news to its readers. His insightful reporting provides valuable insights into the economic pulse of the region, making him a trusted source for the business community.
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8 Criminal Gang Leaders Surrender to Police in West Nile
Crime

8 Criminal Gang Leaders Surrender to Police in West Nile

(Arua City) - Eight criminal gang leaders in Arua City and surrounding areas have voluntarily turned themselves in to the…

Investigation

Tororo Police Probe Shocking Murder and Baby Theft Case

(Tororo) – Police in Tororo District are investigating the tragic murder of a 28 year old mother, Awori Immaculate, who…

BankingFinanceTanzania

PBZ Bank Opens New Doors for Zanzibar Entrepreneurs

(Unguja) – Zanzibar's Minister of Water, Energy, and Minerals, Shaib Hassan Kaduara, has urged entrepreneurs in Kinyasini Market, North Unguja,…

LocalWeather

Over 790 Families in Oyam to Receive Food Aid After Devastating Floods

(Oyam) - The Office of the Prime Minister (OPM) has stepped in to aid flood victims in Oyam District, delivering…

Uganda Shilling Dips to 3700 Before Closing Slightly Stronger
Markets

Uganda Shilling Briefly Hits 3700 Due to Dollar Demand and Tight Liquidity

(Kampala) - The Uganda shilling fluctuated during Wednesday's trading session, briefly hitting the 3700 mark before closing at 3685/3695, amid strong…

Matia Kasaija New Law Protects Borrowers from High Interest Rates
Finance

Interest Rates for Moneylenders Capped at 2.8% Per Month

(Kampala) - The Ugandan government has set a maximum interest rate for moneylenders to curb exploitative practices targeting individuals in…

Travel and Tourism

Today’s Flight Schedule at Entebbe Airport – Mon, November 18, 2024

Arrivals The following table captures the day’s arrival activities as of 11:01 AM: Airline name Airline Logo Flight No. ORIGIN…

The Uganda shilling remained stable in Thursday’s session at 3665/3675 against the dollar due to low trading activity during the mid-month tax period.
Markets

Mid Month Taxes Keep Uganda Shilling Stable

(Kampala) - The Uganda shilling opened and closed Thursday’s trading session unchanged, holding steady at 3665/3675 against the U.S. dollar.…

The Uganda Revenue Authority (URA) seized expired rice in Namayingo, including smuggled goods, as part of its continued efforts to curb illegal imports.
Crime

Expired Smuggled Rice Seized in Major URA Operation in Namayingo

(Kampala) - Uganda Revenue Authority (URA) enforcement officers in Namayingo recently impounded two vehicles carrying uncustomed rice, some of which…

The proprietor of NFK Investment Ltd, Farouk Nsubuga, has been charged with tax evasion alongside several Uganda Revenue Authority (URA) officials, with allegations of falsifying tax payments totaling UGX 319 million.
Courts

URA Officials Charged in UGX 319 Million Tax Evasion Scheme

(Kampala) – Farouk Nsubuga, the owner of NFK Investment Ltd, has been charged with tax evasion in connection to a…

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