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Auditor General demands tighter controls as tech giants pay Shs29b in tax

Auditor General demands tighter controls as tech giants pay Shs29b in tax

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

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Museveni, Samia Hold Talks on Energy, Trade and Regional Peace

Museveni, Samia Hold Talks on Energy, Trade and Regional Peace

President Museveni has arrived in Dar es Salaam, Tanzania, for a one-day working visit aimed at strengthening bilateral ties between the two neighbouring countries.During the visit on Saturday, Museveni held bilateral talks with the President of the United Republic of Tanzania, Dr Samia Su

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Museveni in Tanzania to Meet Samia Suluhu

Museveni in Tanzania to Meet Samia Suluhu

President Yoweri Museveni and his Tanzanian counterpart Samia Suluhu Hassan in Dar es Salaam.Ugandan President Yoweri Museveni arrived in Tanzania on Saturday for a working visit amid efforts to bolster ties between the two East African neighbors.The visit, at the invitation of Tanz

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Former NSSF boss Byarugaba lands key State House role

Former NSSF boss Byarugaba lands key State House role

President Yoweri Museveni has appointed former NSSF managing director Richard Patrick Byarugaba as senior presidential advisor on exports and industrial development, alongside Moses Sabiti.President Yoweri Museveni has appointed former National Social Security Fund (NSSF) managing director

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Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

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

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NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes

NARO Courts Agro-Industrialists to Accelerate Value Addition and Boost Farmer Incomes

The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str

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Museveni commissions East Africa’s largest ethanol plant

Museveni commissions East Africa’s largest ethanol plant

President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U

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UIA and Lagan Exhibit Neglect As Floods Disrupt Namanve Park Operations

UIA and Lagan Exhibit Neglect As Floods Disrupt Namanve Park Operations

A massive sinkhole and persistent flooding in Namanve Industrial Park’s South ‘C’ Estate have disrupted transport and business operations, angering investors and triggering renewed criticism of the Uganda Investment Authority (UIA) and its infrastructure developer, Lagan Dott, over what has

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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