Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
The Deputy Speaker of Parliament, Thomas Tayebwa, has described the late Mzee Nathan Okori Adiyo, the late father of former Speaker of Parliament Jacob Oulanyah, as a man whose life was a model of integrity, discipline, humility, and service to others.Representing President Museveni at the
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
Bruno Fernandes grabbed two assists and Joao Felix got on the scoresheet as Portugal saw off the USMNT, 2-0. The Selecao grabbed goals either side of half time, and were disciplined in between to ease to a win in Atlanta. Manager Roberto Martinez would have liked to have Cristiano Ronaldo at his
Mumbai, March 30: A significant fire broke out at the Bazan oil refinery in Haifa's industrial zone in Israel today, Monday, March 30, following a coordinated missile and drone attack launched from Iran and Lebanon. Local emergency services responded to reports of multiple impacts near the facili
In a picture verified by AFP, the mangled airframe of the US air force jet stands on the runway of Prince Sultan air base in Saudi ArabiaThe mangled airframe of the four-engined US air force jet stands on the runway of Prince Sultan air base in Saudi Arabia.Amid the twisted metal,
Government’s plan to double taxes on used clothes signals renewed industrial ambition but risks squeezing low-income consumers and destabilising a fragile garments sector. With local production still insufficient, the policy revives old debates: can protection drive growth without first fixing
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit
WAKISO: POMP and excitement filled Budo Hill in Wakiso district as alumni, students, teachers and government officials gathered to celebrate the remarkable 120-years of King’s College Budo.The celebrations, characterized by music, dance and drama performances, begun with prayers led by t
A political storm has erupted in Uganda on social media after Justice Minister and Democratic Party President Norbert Mao was invited by the ruling party to address its parliamentary caucus ahead of the Speakership race, a move that has triggered a fierce and controversial clash between retired G
