Business •
25 Apr '26
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is accelerating towards a low-carbon future, with growing consensus on the need to scale up renewable energy.On the other h
Business •
24 Apr '26
Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.
Business •
24 Apr '26
Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an annual revenue increase of Shs24 billion from the reform.The Bill was first read on Wednesday, April 1, 2026 by the State
Business •
24 Apr '26
Kampala, Uganda: President Yoweri Kaguta Museveni has directed the Ministry of Finance to expedite the signing of a commercial contract with DOTT Services as part of a renewed push to fix the long-delayed roads to Bwindi Impenetrable National Park.In a February 17, 2026, letter seen by thi
Business •
24 Apr '26
KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and working abroad.In a sitting Thursday presided over by Speaker Anita Among, lawmakers also rejected a government proposa
Business •
24 Apr '26
The High Court in Kampala has temporarily stopped the Uganda Music Promoters Savings and Credit Cooperative Society Limited (SACCO) from operating, following a dispute over alleged fraud, illegal takeover, and misuse of billions of Shillings in government funds.In an interim order issued o
Business •
24 Apr '26
Ms Regina Nampiima, a resident of Wamala Mukataba village in Nansana Municipality, Wakiso District whose rental buildings were razed down during the enforcement of the new trade order and road expansion project has cried foul in the demolition exercise.While Nansana authorities claim that
Business •
23 Apr '26
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen
Business •
23 Apr '26
Retired former police director and spokesperson Asan Kasingye narrowly escaped a suspected robbery attempt in Ntinda shortly after midnight.Kasingye says he was forced to pull out his firearm and scare off a group of men he believes were targeting his vehicle Kasingye said the incid
Business •
23 Apr '26
Vision Group is demanding the World Bank Shs 2.7 million in unpaid advertisements and promotions across its platforms, we can reveal.According to the list of Vision Group debtors seen by Bbeg Media, the World Bank, a multilateral lender, is one of several reputable international organisati