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Parliament passes UGX 84.3 trillion budget for next financial year

Parliament passes UGX 84.3 trillion budget for next financial year

Parliament today approved and passed the 84.3 trillion shilling budget for the 2026/27 financial year, aimed at consolidating the NRM government’s achievements and promoting innovation. This comes at a time when national debt has risen, though it remains sustainable. However, the minority repor

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ARSENAL LEGENDS VISIT: Advance team arrives in Kampala with fans TV crew

ARSENAL LEGENDS VISIT: Advance team arrives in Kampala with fans TV crew

Members of the Global Fan Network and Arsenal Fan TV, based in the United Kingdom, have arrived in Uganda to train local football fans on monetising digital content and focusing on fan-driven platforms to grow financially. The delegation will also host two watch parties as Arsenal take on Newcast

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Teachers stuck in debt trap

Teachers stuck in debt trap

Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.

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Museveni Wants to Control All Money,” Ssemujju Nganda Raises Alarm Over Sovereignty Bill, Says Law Targets Political Funding Control

Museveni Wants to Control All Money,” Ssemujju Nganda Raises Alarm Over Sovereignty Bill, Says Law Targets Political Funding Control

Kira Municipality MP Ibrahim Ssemujju Nganda ahas sharply criticised Uganda’s proposed Protection of Sovereignty Bill, arguing that its true intent goes beyond what is written in the draft legislation and may be aimed at tightening political control through financial regulation.Speaking

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Parliament passes Lotteries and Gaming Bill introducing 30% tax, targets Shs24b annual revenue

Parliament passes Lotteries and Gaming Bill introducing 30% tax, targets Shs24b annual revenue

Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State

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Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales

KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa

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Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Housing Finance Bank’s Michael Opira crosses to Centenary Bank as Executive Director, Operations

Michael Opira, Executive Director, Operations at Centenary Bank, brings over 27 years of banking experience as he returns to the institution where his career began.Centenary Bank has appointed seasoned banking executive Michael Opira as its new Executive Director, Operations, marking a sig

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Parliament Passes National Teachers Bill Without Degree Requirement — But Teachers Who Violate Standards Now Face Five Years In Jail

Parliament Passes National Teachers Bill Without Degree Requirement — But Teachers Who Violate Standards Now Face Five Years In Jail

Parliament has passed the National Teachers Bill after removing one of its most contentious provisions — a clause that would have made a bachelor’s degree in education a mandatory requirement for registration as a teacher in Uganda.The decision, reached after heated debate in the House

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2,000 Congolese pilgrims to attend Uganda Martyrs Day celebrations

2,000 Congolese pilgrims to attend Uganda Martyrs Day celebrations

Kampala, Uganda | URN | More than 2,000 pilgrims from the Diocese of Butembo in the Democratic Republic of Congo have confirmed their participation in this year’s Uganda Martyrs Day celebrations, scheduled for June 3 at the Namugongo Catholic Shrine in Kampala.Rt. Rev. Aquirinus Kibira K

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Budget Revised to Shs84.39tn After Last-Minute Corrections

Budget Revised to Shs84.39tn After Last-Minute Corrections

A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen

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