Business •
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
Business •
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
Tarmacking of the section this week reached Najjera Police Station, about half a kilometre from Kiwatule where the works are expected to end Residents and motorists using the Kiwatule–Najjera–Kira road are finally seeing visible progress, bringing long-awaited relief after years of nav
Business •
29 Mar '26
The estimated net worth and earnings of Ugandan musician Alien Skin, real name Ali Mulwana, have sparked public interest, with new projections placing his wealth in the range of hundreds of millions to billions of Uganda Shillings.According to publicly accessible data, Alien Skin has built
Business •
29 Mar '26
Henry Musasizi (left) and Hamson Obua addressing the media at ParliamentThe Minister of State for Finance (General Duties), Henry Musasizi, has defended the proposed increase in the government’s total resource envelope, saying it is aimed at supporting key priorities for the 2026/27 fina
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
Business •
29 Mar '26
The Ugandan government has secured UGX 422 billion to acquire 10 new aircraft for the national carrier, Uganda Airlines, as part of efforts to strengthen its operational capacity and expand its international route network.The funding, approved under a supplementary budget, will primarily b
Business •
28 Mar '26
The government has unveiled a proposed UGX84.2 trillion national budget for the Financial Year 2026/2027, with projected domestic revenue of UGX44.5 trillion, as part of efforts to boost service delivery and economic growth.Speaking to journalists at Parliament on Friday, the State Ministe
Business •
28 Mar '26
The SACCO administrators led by one Hassan Muhoozi are said to have withhold savings from traders before going into hidingPolice have launched a manhunt for leaders of Kamu Kamu Traders SACCO following allegations that they mismanaged and disappeared with more than Shs 3.1 billion belongin
Business •
28 Mar '26
After being despised and dismissed as crude, too local, aloof and unsophisticated, Kyotera-born politician Haruna Kasolo late last year proved sceptics wrong when he unexpectedly prevailed against a strong tide. He moved out to become the ruling NRM party vice chairman for Buganda region.H