Search Results

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration, and attracting investment, following a report presented by Mbale Industrial Division MP Karim Masaba.The House approve

Ultimate Uganda

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

Ultimate Uganda

Don’t Send on This Number”: Ugandans Bypass Mobile Money to Escape Aggressive Loan Deductions

Don’t Send on This Number”: Ugandans Bypass Mobile Money to Escape Aggressive Loan Deductions

KAMPALA — A growing number of Ugandans are increasingly finding ways to bypass mobile money loan repayments, highlighting rising tensions between digital lenders and borrowers struggling with daily financial pressures.Reports indicate that many users are diverting transactions to alterna

Ultimate Uganda

AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

Kampala, Uganda | URN | The race to deliver the TotalEnergies Africa Cup of Nations (AFCON) 2027 has entered a decisive phase, with the Confederation of African Football (CAF) convening in Kampala to align East Africa’s co-hosting strategy. The high-level two-day technical meeting, running from

Ultimate Uganda

Fuel at shs8,000! Adjumani transporters cry out as fuel prices start biting

Fuel at shs8,000! Adjumani transporters cry out as fuel prices start biting

They say the situation is choking their livelihoods and pushing many into financial distress.Drivers operating at major stages say the sharp increase in fuel prices has made daily operations difficult, with some struggling to meet loan obligations and basic expenses.Iceta Denish, ch

Ultimate Uganda

High court dismisses internship case of King Ceasor University medical graduate

High court dismisses internship case of King Ceasor University medical graduate

King Ceasor University medical students at Mulago hospitalThe High court has dismissed an application filed by King Ceasor University medical graduate, Henry Gavin Mukalazi, who had sued the National Council for Higher Education (NCHE) after he was denied internship deployment.Mukal

Ultimate Uganda

Former PS Ssali’s trial in Shs3.8b corruption case goes silent for a year

Former PS Ssali’s trial in Shs3.8b corruption case goes silent for a year

The trial of former Permanent Secretary in the Ministry of Trade, Ssali, and her co accused, Member of Parliament Mawanda, in a corruption case involving Shs3.8 billion has not been heard for a year which raises questions over delays in the administration of justice.Court records show that

Ultimate Uganda

LIST] Shs100m to 2m: Salary gaps of presidential advisors shock netizens

LIST] Shs100m to 2m: Salary gaps of presidential advisors shock netizens

Salary disparities among presidential advisors have shocked netizens.According to the ministerial policy statement for the Office of the President for 2026/27, Dr Ezra Suruma is the highest-paid senior presidential advisor in Uganda, earning a whopping Shs 100 million every month.Dr

Ultimate Uganda

NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

NRM Denies Shs100m Payout Claims, Says MPs Received Shs20m

The ruling National Resistance Movement (NRM) has dismissed claims that its Members of Parliament were each paid Shs100 million following a recent retreat at the National Leadership Institute Kyankwanzi.Reports circulating in the public domain had alleged that NRM-affiliated legislators, a

Ultimate Uganda

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise

Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years of repayments amid rising pressure on the country’s finances.According to the Parliamentary Committee on Finance report

Ultimate Uganda