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
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die
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
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
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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
Business •
21 Apr '26
Andrew Mwenda argues that President Museveni’s age and fatigue are weakening his judgement, leading to risky decisions on major government investments.Journalist and political analyst Andrew Mwenda is amping up his critique of President Yoweri Museveni, arguing that age and fatigue have
Business •
21 Apr '26
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
Business •
20 Apr '26
In his latest weekend column, older persons’ MP-elect Ofwono Opondo characteristically took no prisoners. And those who suffered his veiled wrath included Speakership contender Norbert Mao and the NRM historicals who fought with Museveni, have lately embraced Mao and also happen to be part of t
Business •
20 Apr '26
A doctor, who works as a police surgeon, told the High Court sitting in Ggaba, Kampala that Christopher Okello Onyum, the prime suspect in the killing of four toddlers at a daycare, at one time contemplated suicide. He also said he confided in him how he allegedly killed his stepbrother in a bid
Business •
19 Apr '26
KAMPALA – Uganda Railways Corporation has taken a significant step toward reviving passenger rail transport with the launch of a pilot train service transporting students from Mukono to Kampala, in a move aimed at reducing road congestion and improving commuter safety.The inaugural trip,