Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga
A shocking Auditor General’s report has exposed deep rot, negligence and sheer incompetence at the Ministry of Water and Environment, after billions of shillings meant to save Karamoja from chronic water shortages were blown on valley tanks and dams that are now choked with silt, broken down or
Uganda’s CAA collects an aviation security fee of about $65 (roughly Shs240,000–Shs245,000) from the cost of each departing international passenger’s ticketEntebbe International Airport runwayUgandan aviation police are investigating how an unidentified man ended up dead on th
Celebrations erupted at Masaka High Court today as Catholic faithful, church leaders, family and friends broke into songs and praise following the release on bail of Rev Fr Deusdedit Ssekabira. Celebrations erupted at Masaka High Court today as Catholic faithful, church leaders, family and
One of the suspects charged over an attempted Shs 725 million fraud targeting Stanbic Bank has opened negotiations with the State to resolve the case through a plea bargain. The development was disclosed on Monday before the Buganda Road Chief Magistrate’s Court, where Chief State Attorney Joan
Joshua Cheptegei won the men's race at the Burj2Burj Half Marathon in Dubai on Sunday.Ugandan long distance great Joshua Chepetegei added another win to his glittering resume when he claimed the Burj2Burj Half Marathon in Dubai on Sunday but how much did he make?Ugandan legend Joshu
While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c
The Minister of Information and Communication Technology and National Guidance, Dr Chris Baryomunsi, has called on banks in Uganda to embrace modern technology to enhance efficiency and improve service delivery to customers.Dr Baryomunsi made the remarks while speaking at the National Lead
The State Minister for Works and Transport, Musa Ecweru, has commended contractors for what he described as commendable progress on road works along routes crossing River Katonga, assuring road users that normal travel will soon resume.Residents and motorists who depend on the Gomba–Masa
