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03 Apr '26
Mrs Alice Karugaba, the founder, Nina Interiors. She received the CEO of the Year Award in 2016.Nina Interiors founder, Alice Karugaba, did not set out to build a furniture empire. She was a mother trying to make ends meet, learning to bake, selling buns to colleagues, and slowly finding h
Business •
02 Apr '26
Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on imported spirits and building materials.Minister of State for Finance, Henry Musasizi, presented the bill in Parliament
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02 Apr '26
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
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01 Apr '26
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
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01 Apr '26
DR Congo have ended a 52-year wait to return to the FIFA World Cup after they defeated Jamaica 1-0 in the final of Pathway 1 of the Inter Confederation Playoffs, held at Estadio Akron in Zapopan on Tuesday 31 March.The Leopards last played at the World Cup in 1974, making their debut at th
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30 Mar '26
URA's Commissioner for Legal Services and Board Affairs, Mrs. Catherine Donovan KyokundaThe Court of Appeal has upheld URA’s withholding tax assessment of UGX 24,232,558,369 against ATC Uganda Limited in Court of Appeal, Civil Appeal No. 220 of 2022.ATC Uganda Limited obtained a s
Business •
30 Mar '26
Government’s plan to double taxes on used clothes signals renewed industrial ambition but risks squeezing low-income consumers and destabilising a fragile garments sector. With local production still insufficient, the policy revives old debates: can protection drive growth without first fixing
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29 Mar '26
Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult
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29 Mar '26
Traders affected by the late 2025 floods in Kampala are scrambling to confirm their eligibility for compensation as verification begins, amid confusion over the status and release of government funds.Flood-affected traders in Kampala have flocked to FUTA offices to verify whether their nam
Business •
29 Mar '26
The Minister of State for Finance, Planning and Economic Development, Henry Musasizi, has revealed that the Uganda Revenue Authority (URA) is expected to collect Shs 44.5 billion in taxes to support a proposed Shs 84.209 trillion national budget for the 2026/27 financial year.Musasizi also