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Uganda Shilling rebounds as government eyes oil-era forex inflows

Uganda Shilling rebounds as government eyes oil-era forex inflows

Bank of Uganda data shows the local currency briefly strengthened further to about Shs3,646 per dollar earlier this week before surrendering some gains as demand for foreign currency resurfaced.KAMPALA: Uganda’s shilling has staged

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Digital number plate delays leave vehicles stranded across Uganda

Digital number plate delays leave vehicles stranded across Uganda

Delays in Uganda's digital number plate system are leaving thousands of vehicles idle, costing businesses millions and disrupting transport operations across the country.Many vehicles remain grounded due to delays in issuing ITMS digital number plates.Shortages of tracking component

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Ugandan general (the president's son) says $3.1bn railway project with Turkish contractor "cancelled"

Ugandan general (the president's son) says $3.1bn railway project with Turkish contractor "cancelled"

Uganda's €2.7bn ($3.1bn) Standard Gauge Railway (SGR) project could be under threat, with Chief of Defence Forces Gen Muhoozi Kainerugaba proclaiming on June 16 that the contract awarded to Turkey’s Yapi Merkezi had been “cancelled”.There has been no confirmation or denial from the

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Govt bans nine hazardous agrochemicals to safeguard health, export markets

Govt bans nine hazardous agrochemicals to safeguard health, export markets

Yara fertilizer which farmers are advised to use moderately following the required instruction to avoid challenges caused to the environment. Photo/ Lominda AfedraruIn a sweeping regulatory move aimed at safeguarding public health, environmental integrity, and international trade, the Mini

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Uganda’s betting companies withhold Shs 2.6bn in winning claims

Uganda’s betting companies withhold Shs 2.6bn in winning claims

Lotteries and gaming operators in Uganda withheld at least Shs 2.6 billion in winning claims from 125 players in the current financial year.According to the National Lotteries and Gaming Regulatory Board (NLGRB), the complainants petitioned the regulator after their purported winnings were

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MP Kateshumbwa Cries on Capital Gang When Asked to Criticize David Kabanda, Denies being Among’s Friend

MP Kateshumbwa Cries on Capital Gang When Asked to Criticize David Kabanda, Denies being Among’s Friend

During the Saturday debate on capital radio in Kampala, Shema municipality MP Dickson Kateshumbwa was asked to clarify on the recent social media exchange between him and PLU secretary general Daudi Kabanda.It started with Kabanda declaring that Kateshumbwa was headed for big trouble becau

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URA Moves to Assist Traders Affected by Container Leaders’ Fraud

URA Moves to Assist Traders Affected by Container Leaders’ Fraud

The Uganda Revenue Authority (URA) has announced urgent measures to support traders whose goods have been unfairly withheld by so-called “container leaders,” following a surge in public outcry and complaints of undelivered merchandise.In a public notice published Thursday, URA manageme

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Winners, losers as MPs pass new taxes

Winners, losers as MPs pass new taxes

Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g

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Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

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Gov’t Imposes New Taxes on Cement, Spirits

Gov’t Imposes New Taxes on Cement, Spirits

Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on imported spirits and building materials.Minister of State for Finance, Henry Musasizi, presented the bill in Parliament

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