Business •
13 Feb '26
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Business •
13 Feb '26
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Business •
11 Feb '26
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
Business •
11 Feb '26
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga
Business •
11 Feb '26
Uganda’s CAA collects an aviation security fee of about $65 (roughly Shs240,000–Shs245,000) from the cost of each departing international passenger’s ticketEntebbe International Airport runwayUgandan aviation police are investigating how an unidentified man ended up dead on th
Business •
08 Feb '26
South Ankole Diocese of the Church of Uganda has marked 14 years since its inception with a grand thanksgiving celebration, highlighted by the commissioning of 80 lay readers and renewed calls for humility, peace and community development.The celebrations were held on Sunday at St Mathews
Business •
08 Feb '26
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
Business •
07 Feb '26
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
Business •
07 Feb '26
President Yoweri Kaguta Museveni has praised the Uganda People’s Defence Forces (UPDF) and other security agencies for maintaining peace and stability during the recently concluded general elections.While presiding over the 45th Tarehe Sita Anniversary celebrations at NTC grounds in Kaba
Business •
05 Feb '26
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