Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
WAKISO, Uganda — A major milestone has been achieved in the transformation of trade infrastructure in Wakiso District following the official signing of multi-billion shilling contracts for the construction of selected modern markets.In a ceremony marked by optimism and commitment to serv
Bukono County Member of Parliament Persis Namuganza has formally declared her interest in contesting for the position of Speaker of Parliament for the 2026–2031 term.In a statement issued on Tuesday, Namuganza said she is seeking the speakership to promote unity, transparency, and inclus
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
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
MTN Uganda shares have staged a strong rally on the Uganda Securities Exchange (USE), delivering massive gains to its largest local investors in just eight weeks as the stock surged by Shs116 per share.By November 25, 2025, MTN Uganda shares were trading at Shs312. By February 6, 2026, the
LIRA CITY – Police in Lira City West Division are investigating a brutal case of attempted murder following a violent attack on Wednesday evening allegedly carried out by a jilted former lover.The incident, which occurred at about 7:50 PM on February 4, 2026, in the Akii- Pe Cell of Bara
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
Business tycoon Emmanuel Lwasa has once again set social media on fire after making shocking claims about his ex-lover Nash Glo, describing their past relationship as a total mistake.Following their messy breakup, Lwasa has now decided to spill what he calls the “dark side” of their ro
