The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around September 13th, 2016, Mukwano Industrial Suppliers Limited based in Uganda ordered 72 metric tonnes of Liquid Glucose Concentrate
Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult
KAMPALA: Uganda is planning sweeping changes to its personal income tax system to ease pressure on low-income earners, even as it rolls out new tax measures to recover at least 49 billion Ugandan shillings in additional revenue, according to official proposals for the 2026/27 financial year seen
Economists and tax experts warn that government’s plan to raise Shs4.8 trillion through new taxes, including a fuel levy, could increase inflation, slow construction activity, and undermine economic recovery if the tax base is not widened.A growing chorus of economists and tax experts is
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita
Fort Portal: It’s sad news but we have no choice but to say it as it is. Tooro Kingdom Crown Prince David Kiijanangoma Araali is critically ill, battling stage three throat cancer, a disease that has reportedly been silently eating him away since last year.Highly placed sources close to
Mercedes Formula 1 boss Toto Wolff held talks with Sir Jim Ratcliffe about potentially taking part in a Manchester United takeover alongside the billionaire back in 2023. Ratcliffe's takeover was confirmed by the club on Christmas Eve that year, but Wolff has since shifted his focus toward anothe
KAMPALA, Uganda — Uganda is hurtling toward a systemic social and economic crisis as a rapidly aging population outpaces a retirement savings framework that currently excludes 16 million workers.While the national pension sector appears robust on paper—with assets surging 21 percent to
Equity Bank has temporarily closed its Oasis branch in Kampala due to flooding in the area and says it will reopen once it is safe to resume operations.Equity Bank has temporarily closed its Oasis branch in Kampala after flooding disrupted operations in the area.The bank informed cu
Eleven years at the helm. Billions borrowed. Mega dams commissioned with pomp and glory. Yet today, hard questions are exploding over the management of Uganda Electricity Generation Company Limited as the December 2025 Auditor General’s report exposes troubling cracks in Uganda’s power genera
