Business •
22 Apr '26
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
Business •
22 Apr '26
Taxi operators in Kampala have asked government to extend a planned crackdown on unroadworthy vehicles, warning that the directive risks disrupting livelihoods and was issued without adequate consultation.The operators say the move requires more time to allow for repairs and ensure orderly
Business •
22 Apr '26
A growing fuel crisis has gripped Tororo, with many petrol stations running dry, long queues forming at the few operational pumps, and prices rising sharply from Shs5,000 to Shs5,800 per litre.Across the district, several filling stations have gone completely dry, while others remain barel
Business •
22 Apr '26
Uganda has 70.5 million litres of petrol, enough to last 19 days, according to a government update released on April 21, 2026.In a press statement, the Ministry of Energy and Mineral Development and the Uganda National Oil Company (UNOC) said the country also has 43.2 million litres of die
Business •
22 Apr '26
Uganda has secured incoming fuel shipments totaling more than 450 million litres, with authorities saying the deliveries will reinforce national reserves and sustain one of the most competitive pump price regimes globally.In a statement released Tuesday, the Ministry of Energy and Mineral
Business •
21 Apr '26
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
Business •
21 Apr '26
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
Business •
21 Apr '26
young man identified as Emmanuel Eshun, a former fuel station worker, has disclosed tactics allegedly used by fuel pump attendants to cheat customers and management.In an interview with KayB Media, Emmanuel said he got the opportunity to work at the station shortly after completing Senior
Business •
19 Apr '26
KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina
Business •
19 Apr '26
President Museveni is set to commission an over $300 million cement plant launch, a move that signals a new era for Karamoja and Uganda’s industrial growth.Yaobai Cement Uganda will officially launch its state-of-the-art cement plant in Moroto, in a landmark investment set to reshape Uga