KAMPALA — Uganda’s Petroleum Fund declined to Shs131.27 billion as of June 30, 2025, down from Shs145.98 billion the previous financial year, following statutory transfers to the national budget and the state oil company.State Minister for Finance (General Duties) Henry Musasizi made t
After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli
Kampala, Uganda | THE INDEPENDENT | In Arusha, Tanzania, Lubega John Nsamba represented her ailing father, John Mary Nsamba, whose land along the East African Crude Oil Pipeline (EACOP) had been acquired without what the family considered fair compensation.Over a month after his burial nea
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Ugandans woke up to shocking news that Maj. Gen. Deus Sande, the Commander of the Armoured Division based in Kasijjagirwa, Masaka District, has been confirmed dead. The news has spread quickly across the country, drawing mixed reactions from the public. While some remember him as a powerful milit
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
An unknown number of aid workers are missing after air strikes hit a hospital in South Sudan, near the Ethiopian border, a charity group says.The hospital, run by medical charity Doctors Without Borders (MSF) in Jonglei state, "was hit in an air strike by the government of South Sudan forc
Uganda’s Chief of Defence Forces, Gen. Muhoozi Kainerugaba, has said Uganda People’s Defence Forces (UPDF) could withdraw completely from Somalia by the end of 2026 unless urgent and serious discussions address the persistent funding shortfalls for the African Union mission combating Al-Shaba
A massive sinkhole and persistent flooding in Namanve Industrial Park’s South ‘C’ Estate have disrupted transport and business operations, angering investors and triggering renewed criticism of the Uganda Investment Authority (UIA) and its infrastructure developer, Lagan Dott, over what has
The business empire of the late tycoon Apollo Nyegamehe, popularly known as Aponye, has been listed for public auction after failure to clear billions in outstanding loans, barely two years after his death.One of the Properties belonging to the late businessman Apollo Nyegamehe (inset) und
