Search Results

All Cash Withdrawals Now to be Taxed:

All Cash Withdrawals Now to be Taxed:

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

Ultimate Uganda

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

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

Ultimate Uganda

LANDS OFFICE SCANDAL! 277,000 Land Files Stuck, Fraud Rampant & Titles Forged as Fresh Probe Reveals Shocking Rot

LANDS OFFICE SCANDAL! 277,000 Land Files Stuck, Fraud Rampant & Titles Forged as Fresh Probe Reveals Shocking Rot

A Value for Money audit has detonated a political and administrative bombshell at the Ministry of Lands, Housing and Urban Development, exposing deep cracks in Uganda’s land administration system despite years of digitalisation and decentralisation reforms.At the centre of the storm is t

Ultimate Uganda

Relief as PDM funds finally reach Apac after months of waiting

Relief as PDM funds finally reach Apac after months of waiting

PDM funds for Apac District and Apac Municipality have finally been cleared, with security approving January 2026 disbursement dates to prevent misuse and ensure accountability.Apac, Uganda: After months of silence, suspicion and growing anger at grassroots level, the Parish Development Mo

Ultimate Uganda

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults

Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s

Ultimate Uganda

Works Ministry Launches Probe into Illegal Number Plates

Works Ministry Launches Probe into Illegal Number Plates

The Ministry of Works and Transport has initiated investigations into allegations of illegal fees and delays in the issuance of digital number plates, following a surge in public complaints over the new registration system.Permanent Secretary Bageya Waiswa, in a statement issued Friday, ap

Ultimate Uganda

Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Local manufacturers cry out to Museveni over imports influx undermining BUBU policy

Hajjat Hadijah Namyalo, Head of the Office of the National Chairman, in a group photo with Mr Kaka Kasim, Executive Director at Ahmed Raza Foods Industries Ltd and his staff at the factory headquarters in Matugga, Wakiso District on Wednesday, November 05, 2025Wakiso, Uganda: Ugandan local

Ultimate Uganda

Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal

Auditor General’s Report Exposes Loopholes in The Umeme Buyout, Slashes it by Billions as Shocking Audit Uncovers Hidden Debt Scandal

A storm is brewing over the true cost of buying out Umeme Limited, Uganda’s electricity distributor, as discrepancies in the numbers come to light.The Auditor Genera, Edward Akol has advised the government to pa

Ultimate Uganda

How East Africans are lured into Myanmar bondage

How East Africans are lured into Myanmar bondage

This past week, panic has gripped East Africans in the Middle East as Lebanon came under a hail of fire from Israel and tensions between Tel Aviv and Iran reached a crescendo. The Kenyan government has been struggling to get its nationals to register for evacuation, as someÂ

Ultimate Uganda

External Budget financing on the decline, says Kasaija

External Budget financing on the decline, says Kasaija

The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do

Ultimate Uganda