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
Salon Owners at the Equity Bank Salon Owners Seminar at Pope Paul Memorial Centre LubagaKAMPALA, Uganda — Two years ago, Jessica Muteteri’s salon was failing. Rent was overdue, utility bills were mounting and staff wages felt like a chokehold on her enterprise.The struggle chang
The Academic Registrar, Prof Mukadasi BuyinzaStudents hoping to join Makerere University for bachelor's degrees and diploma studies effective this year will face stiffer competition after the institution announced a gradual reduction in undergraduate admissions. This is part of a lo
Uganda’s flag carrier has this week made headlines for all the wrong reasons after it was revealed that Jenifer Bamuturaki, the Chief Executive Officer, will not serve in the position beyond July. The departure comes after the national carrier received a bad rap following a string of governance
