Business •
23 Apr '26
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea
Business •
22 Apr '26
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of
Business •
22 Apr '26
The Budget Committee has summoned officials from the Ministry of Science, Technology and Innovation (STI) to explain why Shs 46 billion meant for innovation remains unutilised for two consecutive financial years, raising concerns over accountability and stalled research interventions.The m
Business •
22 Apr '26
Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration, and attracting investment, following a report presented by Mbale Industrial Division MP Karim Masaba.The House approve
Business •
21 Apr '26
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest
Business •
20 Apr '26
The chief police publicist Kituma Rusoke has corroborated the Energy Ministry’s Geology & Mining Commissioner Agnes Alaba’s information indicating that a total of not less than 20 private companies involved in gold deals in Uganda are currently being investigated.That the companies
Business •
19 Apr '26
Kevin Danso was subjected to racist abuse after Tottenham's result on SaturdayTottenham have come out and defended Kevin Danso after the centre-half was subjected to racial abuse in the aftermath of his side's draw with Brighton - which further harmed their survival hopes.The north
Business •
19 Apr '26
As Manchester United took a big step towards UEFA Champions League qualification after win over Chelsea, former midfileder Owen Hargreaves has hailed Bruno Fernandes as the architect of the victory and labelled him the "best player in the Premier League".The Reds won at Stamford Bridge for
Business •
19 Apr '26
By the time Alejandro Garnacho made his acrimonious exit from Old Trafford last summer, Manchester United had already signed the man who would take his place on the left side of their attack.At £62.5million, Matheus Cunha only cost a modest amount more than the £40m United banked from Ga
Business •
19 Apr '26
The just-ended NRM MPs Kyankwanzi retreat was infiltrated by more than 50 undercover political operatives and IOs whose duty it was to help gather intrusive personal information about the targeted new MPs’ suitability for inclusion in Cabinet.The information gathered is meant to guide th