Category: Business

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration, and attracting investment, following a report presented by Mbale Industrial Division MP Karim Masaba.The House approve

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Nansana Sacco Leaders Arrested Over Shs200m Mechanics Fund Scandal

Nansana Sacco Leaders Arrested Over Shs200m Mechanics Fund Scandal

Eleven members of a Nansana mechanics SACCO have been arrested over allegations of mismanaging more than Shs 200 million intended to support mechanics’ livelihoods, as police widen investigations into suspected embezzlement and abuse of office.Police in Nansana Municipality have arrested

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Ibanda Traders Protest One-Month Relocation Notice Under USMID Programme

Ibanda Traders Protest One-Month Relocation Notice Under USMID Programme

Traders in Ibanda Municipality have protested a one-month relocation notice issued under the USMID programme, citing inadequate consultation and uncertainty over alternative trading spaces, while authorities insist preparations and support measures are in place.Traders in Ibanda Municipali

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Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Landlocked Uganda Beats Europe, East Africa on Fuel Prices

Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral

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Don’t Send on This Number”: Ugandans Bypass Mobile Money to Escape Aggressive Loan Deductions

Don’t Send on This Number”: Ugandans Bypass Mobile Money to Escape Aggressive Loan Deductions

KAMPALA — A growing number of Ugandans are increasingly finding ways to bypass mobile money loan repayments, highlighting rising tensions between digital lenders and borrowers struggling with daily financial pressures.Reports indicate that many users are diverting transactions to alterna

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MTN Uganda Announces Pulse Undergraduate Internship Program for 2026

MTN Uganda Announces Pulse Undergraduate Internship Program for 2026

Leading telecom giant MTN Uganda has officially opened applications for its MTN Pulse Undergraduate Internship Program 2026, offering university students a chance to gain hands-on experience in a dynamic corporate environment.The internship program, which is open to 2nd and 3rd year underg

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Former fuel attendant exposes alleged tactics used to cheat customers

Former fuel attendant exposes alleged tactics used to cheat customers

young man identified as Emmanuel Eshun, a former fuel station worker, has disclosed tactics allegedly used by fuel pump attendants to cheat customers and management.In an interview with KayB Media, Emmanuel said he got the opportunity to work at the station shortly after completing Senior

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Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

The chief police publicist Kituma Rusoke has corroborated the Energy Ministry’s Geology & Mining Commissioner Agnes Alaba’s information indicating that a total of not less than 20 private companies involved in gold deals in Uganda are currently being investigated.That the companies

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Halt demolitions until alternative spaces are found for traders, urges Walugembe

Halt demolitions until alternative spaces are found for traders, urges Walugembe

Joseph Walugembe, the executive director of the Federation of Small and Medium Enterprises (FSME)The executive director of the Federation of Small and Medium Enterprises (FSME), John Walugembe, has called on local authorities to immediately suspend all demolition operations targeting small

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Uganda Airlines Restores Long-Haul Capacity as Airbus A330-800neo Returns to Service

Uganda Airlines Restores Long-Haul Capacity as Airbus A330-800neo Returns to Service

Uganda Airlines has resumed long-haul operations following the return of a grounded Airbus aircraft that had been out of service since February due to engine-related faults, easing weeks of disruption that strained its international schedule.Uganda Airlines has announced the return to serv

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