KAMPALA — Spiro, an electric mobility company with operations in Uganda, has secured $50 million in debt funding to expand its battery-swapping infrastructure and electric vehicle fleet across Africa.The funding round, announced Tuesday, included participation from Afreximbank and two ne
UEDCL has announced a planned power shutdown in Entebbe City on February 25, 2026, from 8:00am to 5:00pm to allow critical maintenance and system improvement works.Uganda Electricity Distribution Company Limited (UEDCL) has announced a planned power shutdown in Entebbe City to allow mainte
Johannesburg, South Africa – Bellarmine Chatunga Mugabe, the youngest son of the late Zimbabwean President Robert Mugabe, finds himself embroiled in a serious legal battle following his arrest on Thursday, 19 February 2026, for attempted murder. The incident, a shooting at his opulent Hyde Park
The debate over Uganda Wildlife Authority’s (UWA) UGX10 billion request to purchase a helicopter recently intensified, with Members of Parliament questioning the cost and sustainability of the proposal.But according to UWA Executive Director James Musinguzi, the helicopter is not a luxur
MBALE: The Uganda Revenue Authority (URA) has recovered over Shs1 billion in fines from traders involved in the smuggling of phones and other electronics in the eastern region.The operation codenamed “You cannot smuggle a phone without paying taxes,” that started three weeks ago, was r
Nelson Kabanda, who is spearheading the registration of the affected traders, said they had been surviving on their own, but that is now impossible since the fire did not spare any businesses. Kabanda explained that furniture traders even lost the equipment used for processing timber.More
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
MuseveniPresident Yoweri Museveni has said that leaders must never impose themselves on the people, arguing that former dictator Idi Amin ruled Uganda without the consent of citizens.Museveni made the remarks on Monday while addressing mourners at the commemoration of former Archbis
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
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
