The government expects to save about Shs24 billion annually after suspending funding for national public holiday celebrations beginning Financial Year (FY)2026/2027, the Ministry of Finance has said.The move is part of the government’s Rationalisation of Government Agencies and Public Ex
Former Kira Municipality MP Ibrahim Ssemujju Nganda backs former State Minister for Finance Henry Musasizi for being promoted to the top job.While speakibg on NBS Television's prime political talk-show, Frontline, on Thursday, Ssemujju argued that former Finance Minister Matia Kasaija had
The death of Xavier Kitaka, the founder of MTK Uganda, has put the firm on the brink of collapseMTK Uganda, once regarded as one of Uganda’s biggest agro and animal health companies, has suffered another major legal setback after the High Court ordered it to pay more than Shs 640m to Fre
Newly reelected Deputy Speaker of Parliament Thomas Tayebwa has warned newly-elected Members of Parliament against treating the offices of the Speaker and Deputy Speaker as personal financial rescue centres, saying the culture of endless bailouts places enormous pressure on parliamentary leadersh
The Constitutional Court has outlawed the practice of Resident District Commissioners (RDCs), security agencies and local government officials interfering with the execution of court orders by court bailiffs, declaring such actions illegal.In a landmark judgment, the court ruled that requi
Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes. Friends become more attentive, relatives resurface, banks suddenly extend courtesy, and suppliers are willing to offer goods on
Uganda Revenue Authority acted unfairly and highhandedly when it impounded an armoured land cruiser belonging to Dr Jaala Higenyi, the former owner of Ntinda View College, following a tax assessment dispute, the High Court has ruled.In a strongly worded judgment delivered on April 30, Just
The directive, issued by President Yoweri Kaguta Museveni, places the investigation into alleged corruption, unexplained wealth, and procurement irregularities at the center of what has now evolved into a high-stakes political and institutional inquiry affecting Parliament and its leadership circ
