Business •
25 Apr '26
Parliament today approved and passed the 84.3 trillion shilling budget for the 2026/27 financial year, aimed at consolidating the NRM government’s achievements and promoting innovation. This comes at a time when national debt has risen, though it remains sustainable. However, the minority repor
Business •
25 Apr '26
Fuel prices in Uganda are reaching record highs, with motorists in Moroto, Karamoja reporting pump prices as steep as Shs 20,000 per litre. The spike has triggered long queues at stations in Mbarara, while some outlets in Kampala are running dry. The situation is even bleaker in upcountry regions
Business •
24 Apr '26
The government of Uganda has suspended the enforcement of trade order operations across the country following complaints from religious leaders, traders and Members of Parliament over the manner in which the exercise was being carried out.State Minister for Industry David Bahati announced
Business •
24 Apr '26
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Business •
23 Apr '26
Residents of Kotido District wait at the bus park for transport to flee to the neighboring districts. Photos/Herbert KamogaA section of Civil Society Organizations operating in Karamoja sub-region have rejected the Protection of Sovereignty Bill, saying when passed, will suffocate developm
Business •
23 Apr '26
Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industries.The tax was passed under the External Trade (Amendment) Bill, 2026 during a parliamentary sitting chaired by Speaker A
Business •
23 Apr '26
The Ministry of Finance, Planning and Economic Development has released Shs101 billion to build 11 kilometres of roads inside the Sino-Uganda Mbale Industrial Park, as government moves to improve infrastructure and attract more investors.The funds are part of the 2025/2026 financial year b
Business •
23 Apr '26
Produce dealers in Nebbi are counting losses as rising fuel prices have forced them to hike the cost of food.Since rising fuel prices have a significant impact on food prices, customers are being forced to move long distances in search for cheaper prices.Some of the traders who ar
Business •
23 Apr '26
A major fire has broken out at Haruna Tower in Kkubbiri, Wandegeya, sending thick smoke into the sky as police secure the scene while firefighters are yet to arrive.A fire has broken out at Haruna Tower in Kkubbiri, Wandegeya, with thick smoke seen billowing from the six-storey building.
Business •
22 Apr '26
withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic