Category: Business

EU to Open Kalangala Consulate, Build Airport to Boost Uganda’s Pineapple Exports

EU to Open Kalangala Consulate, Build Airport to Boost Uganda’s Pineapple Exports

The EU Ambassador to Uganda Jan Sadek at Kalangala Islands.The European Union has announced plans to open a Consulate General in Kalangala District and support the construction of an airport, in a move aimed at boosting Uganda’s pineapple exports to European markets.EU Ambassador

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Coca-Cola drags distributor to court, wins Shs 412 million

Coca-Cola drags distributor to court, wins Shs 412 million

Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract.Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Ma

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Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal

The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate

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Nabbanja Orders Closure of All Roadside Sugarcane Weighbridges

Nabbanja Orders Closure of All Roadside Sugarcane Weighbridges

The Government has directed the removal of all roadside sugarcane weighbridges across Uganda, citing widespread malpractice and significant financial losses in the sugarcane value chain.In a directive dated March 17, 2026, Prime Minister Robinah Nabbanja instructed the Ministry of Trade, I

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Court Rules in Favor of URA Against ATC Uganda

Court Rules in Favor of URA Against ATC Uganda

URA's Commissioner for Legal Services and Board Affairs, Mrs. Catherine Donovan KyokundaThe Court of Appeal has upheld URA’s withholding tax assessment of UGX 24,232,558,369 against ATC Uganda Limited in Court of Appeal, Civil Appeal No. 220 of 2022.ATC Uganda Limited obtained a s

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Uganda’s impeding debt crisis

Uganda’s impeding debt crisis

In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit

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Henry Musasizi Commends Progress at Ntungamo Coffee Park

Henry Musasizi Commends Progress at Ntungamo Coffee Park

The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has appreciated the progress of the Inspire Africa Coffee Park in Ntungamo during a visit he made alongside Amos Kankunda, the Chairman of the Finance, Planning and Economic Development Committee of Parliament,

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All Cash Withdrawals Now to be Taxed:

All Cash Withdrawals Now to be Taxed:

Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult

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Businesswoman Erina Barugahara Wanzala charged in alleged UGX 983 million fraud

Businesswoman Erina Barugahara Wanzala charged in alleged UGX 983 million fraud

Erina Barugahara Wanzala, a director of Basaam General Merchandise and Supplies Ltd., appeared before the court following a joint investigation by the State House Anti-Corruption Unit, the Criminal Investigations Directorate and the Office of the Director of Public Prosecutions.KAMPALA —

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Uganda Secures UGX 422B for 10 New Aircrafts to Expand Uganda Airlines Fleet

Uganda Secures UGX 422B for 10 New Aircrafts to Expand Uganda Airlines Fleet

The Ugandan government has secured UGX 422 billion to acquire 10 new aircraft for the national carrier, Uganda Airlines, as part of efforts to strengthen its operational capacity and expand its international route network.The funding, approved under a supplementary budget, will primarily b

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