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Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years.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
Taxi operators in Kampala have asked government to extend a planned crackdown on unroadworthy vehicles, warning that the directive risks disrupting livelihoods and was issued without adequate consultation.The operators say the move requires more time to allow for repairs and ensure orderly
Business •
22 Apr '26
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
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
Known for not mincing words whenever he is handed the microphone, Laroo-Pece MP-elect Norbert Mao on Tuesday warned that MPs in the 12th parliament risk facing voter backlash in 2031 if they ignore him and instead vote for incumbent Speaker Anita Annet Among (AAA), whom according to him is unfit
Business •
21 Apr '26
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest
Business •
21 Apr '26
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