Business •
02 Feb '26
Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor
Business •
02 Feb '26
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Business •
31 Jan '26
Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In
Business •
31 Jan '26
From women’s banking dream to Tier II downgrade, today, RedPepper reveals the slow, painful unravelling of Finance Trust Bank.When the Bank of Uganda (BoU)quietly approved FTB’s transition from a Tier I commercial bank to a Tier II credit institution effective April 1, 2026, and went o
Business •
30 Jan '26
Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet
Business •
29 Jan '26
The Uganda People's Defence Forces (UPDF) has dismissed allegations that the army is hunting for National Unity Platform (NUP) president and former presidential candidate Robert Kyagulanyi Ssentamu.The denial was issued by the Acting Spokesperson of the Chief of Defence Forces, Col. Chris
Business •
29 Jan '26
Kampala — Uganda’s communications regulator has ordered television broadcasters to immediately stop running split-screen advertisements during news and current affairs programmes, ruling that the practice violates national advertising and broadcasting standards.The directive follows a
Business •
26 Jan '26
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120
Business •
26 Jan '26
It’s been decades since I read a book as compelling as Prof Mahmood Mamdani’s extraordinary tour de force on Uganda. For most open-minded readers, this book will shake some deeply-entrenched mainstream myths and fallacies that have been inculcated and nurtured by powerful national and global
Business •
26 Jan '26
Ugandans are cautiously welcoming the return of a smart road enforcement initiative that will be reintroduced on a pilot basis in high-risk locations before a phased national rollout begins in 2026. This all as pressure mounts to curb persistent road carnage.The Electronic Penalty System (