Business •
09 Feb '26
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
Business •
08 Feb '26
The Minister of Information and Communication Technology and National Guidance, Dr Chris Baryomunsi, has called on banks in Uganda to embrace modern technology to enhance efficiency and improve service delivery to customers.Dr Baryomunsi made the remarks while speaking at the National Lead
Business •
07 Feb '26
President Yoweri Kaguta Museveni has praised the Uganda People’s Defence Forces (UPDF) and other security agencies for maintaining peace and stability during the recently concluded general elections.While presiding over the 45th Tarehe Sita Anniversary celebrations at NTC grounds in Kaba
Business •
05 Feb '26
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Business •
05 Feb '26
The 2026 Stanbic Economic Forum is set to return under the theme, “Uganda’s Inflection Point: Competing in a Rewired Global Economy”, with a live stream on Stanbic Bank Uganda’s YouTube channel on February 12, starting at 8:30 a.m.The Forum comes at a pivotal moment f
Business •
05 Feb '26
As debate intensifies over the size, cost, and performance of Uganda’s incoming 12th Parliament, NRM parliamentary caucus spokesperson Alex Brandon Kintu has defended the constitutional role of legislators, while acknowledging political pressures and public expectations that often undermine eff
Business •
05 Feb '26
Events promoter Abbey Musigunzi, popularly known as Abitex, has revealed that he recently asked President Yoweri Kaguta Museveni for a government position.Abitex says he is seeking to be appointed as a Presidential Envoy for Events and Entertainment, a role he believes would give promoters
Business •
04 Feb '26
KYANKWANZI, Uganda — The government has allocated an additional 1 trillion shillings to the Uganda Development Bank this financial year, a move intended to lower the cost of credit and bolster the bank’s ability to fund large-scale private sector projects.Prime Minister Robinah Nabbanj
Business •
04 Feb '26
KAMPALA, Uganda — The government has unveiled an ambitious five-year strategic plan for the Ministry of Local Government, earmarking 2.2 trillion shillings to bolster decentralization and drive more citizens into the formal economy.The plan, which runs from the 2025-26 through the 2029-3
Business •
30 Jan '26
Inspire Africa Group CEO Nelson Tugume says Uganda is positioning itself to become a global coffee destination through the development of the Smart Coffee City, building on the progress already made at the Africa Coffee Park in Ntungamo District.Speaking on NBS Morning Breeze, Tugume said