Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State
KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa
Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea
Vision Group is demanding the World Bank Shs 2.7 million in unpaid advertisements and promotions across its platforms, we can reveal.According to the list of Vision Group debtors seen by Bbeg Media, the World Bank, a multilateral lender, is one of several reputable international organisati
A major fire has broken out at Haruna Tower in Kkubbiri, Wandegeya, sending thick smoke into the sky as police secure the scene while firefighters are yet to arrive.A fire has broken out at Haruna Tower in Kkubbiri, Wandegeya, with thick smoke seen billowing from the six-storey building.
withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic
The court has charged Mohammad Ali, a 32-year-old businessman from Kampala, with stealing 30 kilograms of gold worth $2.4 million. The charge, which was filed in April 2026, follows an investigation into an incident that took place between September 22nd and October 2nd, 2025, in the Bukasa-Muyen
Uganda is approaching what officials describe as a decisive phase in its petroleum journey, with major oil infrastructure projects reporting near-completion ahead of expected production in the second half of 2026.This was announced ahead of the 11th Annual Oil and Gas Convention (OGC 2026)
