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Tax Push Sparks Backlash as Experts Warn Shs4.8tn Drive Could Stifle Growth

Tax Push Sparks Backlash as Experts Warn Shs4.8tn Drive Could Stifle Growth

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

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There is no justification for price increases as supply remains stable,” Energy Minister Nankabirwa warns fuel companies against hikes

There is no justification for price increases as supply remains stable,” Energy Minister Nankabirwa warns fuel companies against hikes

Minister of Energy and Mineral Development Ruth Nankabirwa.Minister of Energy and Mineral Development Ruth Nankabirwa has assured Ugandans that there is no immediate reason for increase in fuel prices this month.Her remarks come at a time when motorists are already feeling the pinch

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NGOs and taxes: The truth behind ‘Non-profit’ myth

NGOs and taxes: The truth behind ‘Non-profit’ myth

When most people hear the term NGO (Non-Governmental Organisation), they tend to think of impact—community projects, humanitarian efforts, and driving social change.Taxes, however, are rarely part of that picture.One of the biggest misconceptions about NGOs is that, because they a

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 Tayebwa takes deputy speaker battle to West Nile to stem Alenyo’s rise

Tayebwa takes deputy speaker battle to West Nile to stem Alenyo’s rise

Thomas Tayebwa (C) in AruaThe deputy speaker of parliament Thomas Tayebwa spent the weekend in West Nile in what insiders describe as a calculated move to consolidate support as the race for the next deputy speaker intensifies.Publicly, Tayebwa travelled to Arua City to celebrate th

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Heavy container trucks, fuel tankers must get off Ugandan roads - Museveni declares in Kenya

Heavy container trucks, fuel tankers must get off Ugandan roads - Museveni declares in Kenya

Museveni explained that Uganda’s roads currently carry passengers, light cargo, heavy goods and petroleum products at the same time, creating congestion and inefficiency.President Yoweri Museveni has said Uganda is moving toward a shift in its transport system, where heavy cargo and fuel

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Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Tears, anger and desperation have engulfed the streets of Mbarara after a sweeping city council operation to restore “order” turned into a full-blown eviction storm, leaving thousands of street vendors, kiosk owners and small traders counting heavy losses and staring at an uncertain future.

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Seven Dead in Separate Road Accidents in Ntungamo Over the Weekend

Seven Dead in Separate Road Accidents in Ntungamo Over the Weekend

At least seven people were killed over the weekend in separate accidents along Ntungamo roads, with a single accident claiming five lives alone.Three people were killed on the spot when a track they were traveling on overturned along the Kakukuru-Kayenje road in Rweikiniro Sub-county, Ntun

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Iran fires missiles at joint US-UK base Diego Garcia in Indian Ocean, signaling longer missile reach: Report

Iran fires missiles at joint US-UK base Diego Garcia in Indian Ocean, signaling longer missile reach: Report

If confirmed, this would mark Iran’s first operational use of IRBMs and a significant attempt to target areas far beyond Middle East and threaten US interests.Iran reportedly fired two intermediate-range ballistic missiles at Diego Garcia, a joint US-UK military base in the middle of the

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PANIC! Insiders warn billions threshold could lock out hundreds of agents

PANIC! Insiders warn billions threshold could lock out hundreds of agents

KAMPALA: A storm is brewing inside the Uganda Revenue Authority (URA) after a controversial proposal to overhaul licensing requirements for clearing and forwarding agents sparked fears of a massive industry shake-up that could push smaller players out of business.According to an internal c

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MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears

MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears

Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca

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