Business

Latest business reporting and analysis for Uganda.

MTN Gets Relief in Shs169.9 Bn Tax Case

MTN Gets Relief in Shs169.9 Bn Tax Case

MTN Uganda has secured a major reprieve in its tax dispute with the Uganda Revenue Authority (URA), after the Tax Appeals Tribunal ruled that the company may not be required to immediately pay part of a contested Shs169...

Ultimate Uganda

Ultimate Uganda

Uganda to earn over Shs2.2t from first oil exploration in 2026/27

Uganda to earn over Shs2.2t from first oil exploration in 2026/27

State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the...

Ultimate Uganda

Ultimate Uganda

NGOs and taxes: The truth behind ‘Non-profit’ myth

NGOs and taxes: The truth behind ‘Non-profit’ myth

When most people hear the term NGO (Non-Governmental Organisation), they tend to think of impact—community projects, humanitarian efforts, and driving social change.Taxes, however, are rarely part of that picture.One o...

Ultimate Uganda

Ultimate Uganda

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the coun...

Ultimate Uganda

Ultimate Uganda

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