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Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

Petroleum Fund Drops to Shs131.27 Bn After Transfers to Budget, UNOC

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

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Uganda: Museveni Enacts Major Housing and Construction Reforms

Uganda: Museveni Enacts Major Housing and Construction Reforms

President Museveni has signed into law three key pieces of legislation aimed at strengthening regulatory oversight in Uganda's construction, housing finance, and valuation sectors.The reforms are expected to enhance safety standards, expand mortgage financing, and boost investor confidence

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EACOP project sparks ongoing battle over land and justice

EACOP project sparks ongoing battle over land and justice

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

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ROT AT UWA! Probe Exposes Sh18.8bn Fee GAPS, Ghost Concessions & Sh2.9bn Unpaid Wildlife Claims

ROT AT UWA! Probe Exposes Sh18.8bn Fee GAPS, Ghost Concessions & Sh2.9bn Unpaid Wildlife Claims

UWA Executive Director Dr. James MusinguziFresh revelations from the Auditor General’s report as of December 2025 have laid bare deep cracks inside the Uganda Wildlife Authority (UWA), raising tough questions about oversight, accountability and leadership at one of Uganda’s most strate

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SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

SH1.3 TRN INVESTED…1.4BN PROFITS! UDC Bleeds Cash as 8 out of 10 Govt Firms Sink Into Losses

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

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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

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

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Gen Muhoozi Wants UPDF To Take Over All Infrastructure Projects In Kampala

Gen Muhoozi Wants UPDF To Take Over All Infrastructure Projects In Kampala

Gen Muhoozi Kainerugaba has once again sparked national debate with a bold statement about the future of infrastructure development in Kampala. He revealed that in the next High Command meeting, he plans to push for the Uganda People’s Defence Forces (UPDF) to take over all major infrastructure

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Auditor General demands tighter controls as tech giants pay Shs29b in tax

Auditor General demands tighter controls as tech giants pay Shs29b in tax

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

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Ecweru Praises Progress on Katonga Roads, Assures Public of Imminent Reopening

Ecweru Praises Progress on Katonga Roads, Assures Public of Imminent Reopening

The State Minister for Works and Transport, Musa Ecweru, has commended contractors for what he described as commendable progress on road works along routes crossing River Katonga, assuring road users that normal travel will soon resume.Residents and motorists who depend on the Gomba–Masa

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Residents suffocate as Lake Victoria chokes on pollution

Residents suffocate as Lake Victoria chokes on pollution

Research. Science professors conduct research on water pollution in Lake Victorian in October last year. Their findings indicated that the lake contained heavy metals, pesticides and other chemicals. PHOTO/FILEAt dawn, the cool breeze from Lake Victoria should carry freshness, the soft rus

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