Business •
11 Feb '26
Former Mawokota South Member of Parliament Yusuf Nsibambi has reversed his earlier decision to cancel bursary support for dozens of students following public backlash and counselling from his wife.Nsibambi recently made headlines after losing his parliamentary seat and taking a series of c
Business •
09 Feb '26
While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c
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
The National Agricultural Research Organisation (NARO) has intensified engagement with agro-industrial investors to fast-track agro-industrialisation, deepen value addition, and raise farmer incomes, positioning research and innovation as central drivers of productivity, inclusive growth, and str
Business •
02 Feb '26
Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor
Business •
02 Feb '26
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Business •
31 Jan '26
From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o
Business •
28 Jan '26
Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility in Soroti Town, arresting a Chinese national in an intensified crackdown on unlawful gambling activities.The opera
Business •
27 Jan '26
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
Business •
26 Jan '26
PDM beneficiary Damali Nakayenga (R) chats with President Museveni as she leads him to her piggery farm at her home in Kikoma, Wobulenzi town on Tuesday (PHOTO/ PPU)KAMPALA – In 2021, the National Resistance Movement faced a political crisis in Buganda. President Yoweri Museveni’s part