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Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Opposition Unveils Alternative Budget, Warns of 'Illusion' of Economic Growth

Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac

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Uganda Bans Several Imported Farm Chemicals over Health Risks

Uganda Bans Several Imported Farm Chemicals over Health Risks

Uganda has ordered the phase-out and restriction of several widely used agricultural chemicals, citing risks to human health, the environment and the country’s export competitiveness, the agriculture ministry said in a notice to CropLife Uganda and licensed dealers.The Ministry of Agricu

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Uganda set for showdown talks with Vitol as global oil disruptions bite

Uganda set for showdown talks with Vitol as global oil disruptions bite

The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan

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Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debt

Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debt

Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debtNew Delhi/Islamabad, April 4 Facing mounting pressure, Pakistan has agreed to fully repay approximately “USD 3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of A

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Over Shs 900bn Robbed On Gun Point As Robbery Cases Increase shoot Up

Over Shs 900bn Robbed On Gun Point As Robbery Cases Increase shoot Up

Security chiefs and business groups across the Country are living on total fear and panic after police annual crime report indicates that gun robberies have increased and billions of money were lost , Spyreports has learnt.According to the released police report, a total of 786 cash robber

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Alupo, Nabbanja, Babalanda, Magyezi: The 2021 Fishermen Cabinet Under The Microscope! Who Has Thrived, Who Has Faltered?

Alupo, Nabbanja, Babalanda, Magyezi: The 2021 Fishermen Cabinet Under The Microscope! Who Has Thrived, Who Has Faltered?

President Museveni’s “fishermen cabinet” of June 2021 was a gamble that stunned Ugandans. He elevated figures who were not widely expected to hold such prominent roles, describing them as fishermen pulled from the grassroots to serve at the highest level. Five years later, the record of the

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Govt Abandons Plan to Tax all Cash Withdrawal

Govt Abandons Plan to Tax all Cash Withdrawal

Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and

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UEDCL records Shs1.71t revenue in first year of power distribution takeover

UEDCL records Shs1.71t revenue in first year of power distribution takeover

Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo

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Iran's war against the US and Israel is being fueled by North Korean weapons, expert warns

Iran's war against the US and Israel is being fueled by North Korean weapons, expert warns

The Islamic Republic of Iran’s vast missile system is the brainchild of the U.S.-designated state-sponsor of terrorism, the communist North Korea regime, which works hand in glove with Iran, according to one of the world’s leading experts on the Iran-North Korea strategic alliance."The

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Court Rules in Favor of URA Against ATC Uganda

Court Rules in Favor of URA Against ATC Uganda

URA's Commissioner for Legal Services and Board Affairs, Mrs. Catherine Donovan KyokundaThe Court of Appeal has upheld URA’s withholding tax assessment of UGX 24,232,558,369 against ATC Uganda Limited in Court of Appeal, Civil Appeal No. 220 of 2022.ATC Uganda Limited obtained a s

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