Business •
23 Apr '25
The British American Tobacco-Uganda (BAT) has urged Parliament to reconsider the Excise Duty Amendment Bill 2025, which proposes increasing taxes on cigarettes.BAT officials argued that the tax hike would not only reduce their sales but also lead to a decline in government revenue."
Business •
23 Apr '25
After years of ominous headlines about the world's shrinking birth rates, there's a bright spot. The US birth rate slightly increased in 2024, according to preliminary data from the CDC.The 1% rise in births was largely driven by moms in their early 40s, who gave birth to 2% more children in 202
Business •
23 Apr '25
Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing the costs of rising carbon emissions by the data centres needed to run AI models, the International Monetary Fund said on Tuesday.An IMF report released at its annual spr
Business •
14 Apr '25
President Donald Trump took to Truth Social to clarify that China - which is embroiled in an escalating trade war with the US - will not be exempt from tariffs on electronics and semiconductorsDonald Trump preparing to watch a UFC bout in Miami, Florida
Business •
14 Apr '25
The Ministry of Public Service has unveiled a plan for a massive salary enhancement strategy targeting all public servants across Uganda—a move projected to cost taxpayers over UGX688.9 billion.This proposal is detailed in the 2025/2026 Ministerial Poli
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06 Apr '25
The Permanent Secretary in the Ministry of Education and Sports, Canon Dr. Kedrace Turyagyenda, has charged graduates of Uganda Christian University Kagando University College to exhibit a high level of professionalism, integrity, and willingness to learn.Dr. Turyagyenda made the remarks t
Business •
05 Apr '25
I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve
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04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
Business •
04 Apr '25
With just eight months until Uganda’s 2026 general election cycle begins, political parties are under growing scrutiny for their slow preparations.While the ruling National Resistance Movement (NRM) and the Democratic Party (DP) have already mapped out their election strategies, key oppo
Business •
04 Apr '25
Aspirants for the NRM Vice Chairperson position for Western Uganda are pushing for new leadership in the ruling party’s Central Executive Committee (CEC) as competition intensifies to unseat the incumbent, ICT Minister Chris Baryomunsi.Among the prominent contenders is Igara East MP and