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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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FABIO Uganda Engages Stake Holders on The Controversial Protection of Sovereignty Bill 2026

FABIO Uganda Engages Stake Holders on The Controversial Protection of Sovereignty Bill 2026

The First African Bicycle Information Organization (FABIO) a non-government organization involved in social transformation activities has engaged stake holders on the Controversial Sovereignty Bill 2026 which was tabled in parliament for the first reading last week and is currently at the committ

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Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic

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Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses: Parliament’s rejection of the proposed 13-year vehicle import limit underscores the difficult balance between environmental reform and economic reality

Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses: Parliament’s rejection of the proposed 13-year vehicle import limit underscores the difficult balance between environmental reform and economic reality

Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, mo

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Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living

Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living

Parliament of Uganda has approved a raft of tax measures expected to raise Shs1.8 trillion for the 2026/27 budget, including a controversial fuel levy increase, despite concerns about inflation and economic pressure on citizens.Parliament of Uganda has passed a series of tax bills aimed at

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Man Utd launch £52m swap deal offer for Real Madrid star with Ratcliffe behind ‘incredible proposal

Man Utd launch £52m swap deal offer for Real Madrid star with Ratcliffe behind ‘incredible proposal

Man Utd have made an offer to swap some of their players for Real Madrid midfielder Federico Valverde ahead of the summer, according to reports.The Red Devils spent over £200m on new signings last summer as they made their attack the priority with Matheus Cunha, Bryan Mbeumo and Benjamin

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Bugiri fisheries officer killed in highway crash as taxi driver flees

Bugiri fisheries officer killed in highway crash as taxi driver flees

Bugiri District Fisheries Officer Immaculate Wereh died in a road crash that occurred on Monday at Papoli Trading Centre, about 10 miles along the Tororo–Jinja Highway, authorities have confirmed.The crash involved a passenger taxi, registration number UBR 018F, which reportedly lost con

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Mystery as couple found dead in locked Mubende house

Mystery as couple found dead in locked Mubende house

Police in the Wamala Region are investigating the circumstances under which a young couple was found dead inside their locked house in Mubende District, in an incident that has left residents grappling with more questions than answers.The deceased have been identified as Ronald Tumusiime,

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Call data places Okello at Ggaba crime scene

Call data places Okello at Ggaba crime scene

Fresh evidence in the ongoing High Court mobile trial in Ggaba, Kampala, has placed the prime suspect, Christopher Okello Onyum, at the scene of the brutal daycare killings through analysis of his phone call data records.Detective Inspector of Police Aggrey Mpamiizo told the High Court tha

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Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

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