tax dispute that began more than a decade ago over Value Added Tax (VAT) on land transactions has cost the Ugandan government at least UGX 2.48 billion in refunds, interest and legal costs, but fresh documents now indicate that an additional UGX 533 million remains unresolved despite being previo
Students at Bukedea Comprehensive School used their prom celebration to express appreciation for former Speaker Anita Among, cheering and asking Bukedea County MP David Okwere to invite her back as they prepared for their final examinations.BUKEDEA — Excitement and celebration marked the
High Court’s Commercial Division has dismissed a bid by businessman and former property developer, Sendyona Mukasa Edward to be declared bankrupt, paving the way for Equity Bank Uganda to sell his remaining home to recover an outstanding loan.In a case filed as Bankruptcy Cause No. 3 of
Nationwide, which has more than 16 million customers, has urged caution for anyone considering applying for a credit card. The message also urges people who have a credit card to be careful, as some may not think about the risks.The building society advises "before you increase your credit
Sheila Orikiriza, a Kabale-based businesswoman who sued Mandela Millers, demanding Shs 50.8 million for goods she says were never delivered, has suffered a setback after filing the case in the wrong court.Orikiriza claimed she paid Mandela Millers Shs 37 million for goods that were never d
Kenyan court has delivered a stinging blow to Mogo Auto Limited, ruling that the lender charged a customer “exorbitant” and “exploitative” interest on a Ksh400,000 loan — a decision likely to resonate with many Ugandans who have repeatedly complained about the company’s lending practi
Masindi District leadership has been thrown into early-term controversy after the removal of its vice chairperson, following revelations he did not meet the minimum academic qualifications required by law.The development has triggered debate among residents, political leaders, and civil se
Speaker Jacob Oboth-Oboth has slashed the budget under the Office of the Speaker from more than Shs24 billion to Shs3.9 billion and redirected the balance to parliamentary committees, saying lawmakers must be adequately funded to prevent them from seeking favours from the government agencies they
Minister of Trade, Industry and Cooperatives Sanjay Tanna has pledged to engage manufacturers and review concerns over proposed tax measures, assuring investors that government remains open to dialogue ahead of the new financial year.Tanna made the remarks during a meeting hosted by the St
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
