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 report stated that individuals aged 12 and above are eligible to enlist in the scheme.Authorities in Iran have come under scrutiny after reportedly launching a controversial volunteer mobilization campaign that allows children as young as 12 to participate in activities tied to nationa
Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult
As Uganda edges closer to a new political phase, all eyes are on President Yoweri Museveni, who is considering a sweeping cabinet reshuffle that could redefine the country’s leadership landscape.What began as quiet speculation has now evolved into intense political debate. Insider report
Government has revealed that the first batch of people that received money through the Parish Development Model (PDM) have started repaying back the loans.So far, UGX1.4Bn has been paid through the Wendi App, with Maracha district, Kampala Capital City Authority (KCCA), Masaka City, Mubend
State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Committee on Finance.Uganda is set to make history in the 2026/27 financial year with expected oil revenues surpassing Shs2.2 t
KAMPALA, Uganda — First Deputy Prime Minister and Minister for East African Community Affairs, Rebecca Kadaga, has called for a ban on Kenyan traders purchasing food directly from farms, accusing them of exploiting Ugandan farmers and perpetuating poverty.Speaking Tuesday during a meetin
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita
President Yoweri Museveni is reportedly considering appointing defeated Moyo District Woman Member of Parliament and State Minister for Primary Education, Joyce Moriku Kaducu, to a presidential advisory role in the forthcoming government.Highly placed sources indicate that the President is
Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay
