Business •
13 Jun '25
The government has announced new tax measures on cigarettes, beer, imports, and agricultural by-product exports in the 2025/26 national budget, in a bid to boost domestic revenue and harmonize with regional tax frameworks.Presenting the budget to Parliament on Thursday, Finance Minister Ma
Business •
13 Jun '25
A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim Ssemujju Nganda, has cast a critical spotlight on the government's ambitious, and arguably perilous, pl
Business •
05 Jun '25
For 130 days, tech billionaire Elon Musk was a "special government employee" working inside the Trump administration to slash what he said were wasteful government programmes and bloated departments.Now, after his exit last week, he is back on the outside. And it is the Tr
Business •
28 Apr '25
Adjumani Town Council Savings and Credit Cooperative Organization (Sacco) has recorded impressive growth, celebrating a major milestone during its 16th Annual General Meeting (AGM) held on Saturday.Established in 2007 with just 139 members and a loan portfolio of Shs 7.7 million, the SCco
Business •
04 Apr '25
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Business •
04 Apr '25
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor
Business •
31 Mar '25
Kampala's Lord Mayor, Erias Lukwago, has criticized President Yoweri Museveni's government for neglecting the city's development. This comes aft
Business •
30 Mar '25
KAMPALA, Uganda — Uganda’s construction sector is facing a financial crisis due to the government’s failure to pay UGX 1.351 trillion in arrears to road contractors, according to Francis Mwijukye, Shadow Minister for Works and Transport.
Business •
13 Feb '25
In a remarkable story of resilience and transformation, Joweria Kaweesi, an inmate at Luzira Women’s Prison, has defied the odds to become the only female prisoner to pass the 2024 Uganda Certificate of Education (UCE) examinations.
Business •
22 Jan '25
In a landmark ruling at the Nakasero-based Anti-Corruption Court, Justice Lawrence Gidudu sentenced Ronald Jimmy Ajuk, proprietor of Smart Parking Technology, to two years in prison.Ajuk was convicted of unlawfull