Journal Entries Explained Full Information With Examples

Your basic ledger is the spine of your financial reporting. It’s used to organize financial statements like your income assertion, balance sheet, and (depending on what kind of accounting you use) money move statement. Each transaction your corporation makes requires journal entries. They take transactions and translate them into the information you, your bookkeeper, or…

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VIDEO: A Rwandese Queen For a Busoga King! Unpacking The Real Cultural Identity of New Busoga Queen Mutesi Joviah

The news of the announcement of Joviah Mutesi as the new Inhebantu (Queen) of Busoga Kingdom has continued drawing unending debate in the public debate, stretching to the very inner details of her personal lifestyle and cultural origins. One of the most contentious debate raging is whether the new mother of the Busoga nation is…

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From ‘Eating Teargas’ With Besigye to The Palace! Meet The Man God Has Lifted to Become Kyabazinga’s Father In-law

As jubilations continue in Busoga following the announcement of the Inhebantu(Queen) yesterday, information regarding the lucky woman has remained exclusively scanty. SML news, however, has managed to dig deepest where no one else has managed to, to bring out to our anxious readers who really are the parents of the lucky mother of the Busoga…

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Confusion as Parliament Approves $500m Loan to Develop Kampala Amid Museveni’s “We Can Do Without Loans” Talk

Parliament has accepted the government’s request to secure a loan of approximately $518 million (equivalent to around Shs 1.923 trillion) from the World Bank to fund the Greater Kampala Metropolitan Area Urban Development program. This decision follows the examination of a report submitted by John Bosco Ikojo, the head of the national economy committee, during…

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PRESIDENT MUSEVENI RECEIVES CREDENTIALS FROM 9 NEW ENVOYS TO UGANDA 

President Yoweri Kaguta Museveni has received credentials from nine (9) envoys, newly accredited to Uganda. The envoys who included Ambassadors and High Commissioners from the Republic of Ethiopia, India, Belgium, Namibia, Malawi, Philippines, Mozambique, Brazil and Canada presented their credentials on Tuesday 22nd August 2023 at State House, Entebbe. The new Ambassador of Ethiopia to…

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Netherlands Hospital Orders MP Ssegirinya to Wash Bedsheets to Cover Piling Medical Bill

Ailing Kawempe South Member of Parliament,  Muhammad Ssegirinya will have to offer laundry services in the hospital where he continues to receive specialised treatment for poison related complications. Ssegirinya was first flown out to Nairobi and then to Germany as his condition kept worsening. He has since been moved to Amsterdam Universitair Medische Centra (umc)…

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Museveni Courts Kenya’s Stabex to Invest in Agricultural Value Addition in Uganda

President Yoweri Kaguta Museveni yesterday August 17, 2023 met a delegation from Stabex International led by their Executive Director, Mr. Jack Chebet at State House-Entebbe. Stabex International is one of the dynamic and progressive entities redefining the landscape of fuel and gas industry in Uganda and the larger Africa with an unwavering commitment to innovation…

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