Business •
22 Apr '26
No man is an island, Entire of itself; Every man is a piece of the continent, A part of the main.”The European poet who wrote those words 400 years ago has become relevant in today’s discussions.No nation is an isolated island, entire of itself.Every country faces foreign
Business •
22 Apr '26
Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g
Business •
22 Apr '26
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
Business •
22 Apr '26
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of
Business •
22 Apr '26
Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, mo
Business •
22 Apr '26
Parliament of Uganda has approved a raft of tax measures expected to raise Shs1.8 trillion for the 2026/27 budget, including a controversial fuel levy increase, despite concerns about inflation and economic pressure on citizens.Parliament of Uganda has passed a series of tax bills aimed at
Business •
22 Apr '26
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
Business •
22 Apr '26
Students sit for their Biology exam, part of the UACE 2024 exams. This year’s results show a significant improvement in student performance in Biology, with several schools excelling in the subject.KAMPALA, Uganda — The government is planning a major overhaul of the A-level curriculum
Business •
22 Apr '26
Man Utd have made an offer to swap some of their players for Real Madrid midfielder Federico Valverde ahead of the summer, according to reports.The Red Devils spent over £200m on new signings last summer as they made their attack the priority with Matheus Cunha, Bryan Mbeumo and Benjamin
Business •
22 Apr '26
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