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Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, mo
Business •
22 Apr '26
Parliament of Uganda has approved a raft of tax measures expected to raise Shs1.8 trillion for the 2026/27 budget, including a controversial fuel levy increase, despite concerns about inflation and economic pressure on citizens.Parliament of Uganda has passed a series of tax bills aimed at
Business •
22 Apr '26
The court has charged Mohammad Ali, a 32-year-old businessman from Kampala, with stealing 30 kilograms of gold worth $2.4 million. The charge, which was filed in April 2026, follows an investigation into an incident that took place between September 22nd and October 2nd, 2025, in the Bukasa-Muyen
Business •
22 Apr '26
Albertine police PRO, APS Julius Allan Hakiza, told tndNews, Uganda, that it has become a growing trend where thieves have resorted to vandalising vehicles.This, he said, is a growing trend that aims to replace motor vehicle theft in the region.According to him, the transition follo
Business •
22 Apr '26
A growing fuel crisis has gripped Tororo, with many petrol stations running dry, long queues forming at the few operational pumps, and prices rising sharply from Shs5,000 to Shs5,800 per litre.Across the district, several filling stations have gone completely dry, while others remain barel
Business •
22 Apr '26
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die
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 •
22 Apr '26
Eleven members of a Nansana mechanics SACCO have been arrested over allegations of mismanaging more than Shs 200 million intended to support mechanics’ livelihoods, as police widen investigations into suspected embezzlement and abuse of office.Police in Nansana Municipality have arrested