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How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the country’s push toward a digital economy.Mobile money has revolutionized

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Businessman paid Be Forward Shs 31 million for a car. 12 years later, he’s still waiting for it

Businessman paid Be Forward Shs 31 million for a car. 12 years later, he’s still waiting for it

In October 2014, Arben Pajaziti, a Kampala businessman, agreed with Be Forward Ltd, a vehicle importation firm, to buy a car worth Shs 31 million.The vehicle was to be shipped to Kampala under cost, insurance, and freight (CIF) terms.Under the arrangement, Pajaziti paid the full pur

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Uganda’s First Oil: A Defining Countdown to Economic Transformation and Energy Sovereignty

Uganda’s First Oil: A Defining Countdown to Economic Transformation and Energy Sovereignty

KAMPALA – As every second, minute, hour, day, and month winds down, Uganda edges closer to its promise—the dawn of oil production.From drilling and completing wells to laying thousands of kilometres of pipeline, Uganda’s progress is unmistakable. Supporting infrastructure, central pr

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 Tayebwa takes deputy speaker battle to West Nile to stem Alenyo’s rise

Tayebwa takes deputy speaker battle to West Nile to stem Alenyo’s rise

Thomas Tayebwa (C) in AruaThe deputy speaker of parliament Thomas Tayebwa spent the weekend in West Nile in what insiders describe as a calculated move to consolidate support as the race for the next deputy speaker intensifies.Publicly, Tayebwa travelled to Arua City to celebrate th

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Former Vision Group CEO Kabushenga says Bukedde TV started with Shs700m, reveals the stars behind its rise

Former Vision Group CEO Kabushenga says Bukedde TV started with Shs700m, reveals the stars behind its rise

Former Vision Group CEO Robert Kabushenga has shared how Bukedde TV grew from a small, bold idea into one of Uganda’s most popular television stations—starting with just about Shs700 million (roughly $185,000).In an interview with YouTuber Kasuku, Kabushenga said the station’s breakt

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Supercomputer predicts Carabao Cup final between Arsenal and Man City

Supercomputer predicts Carabao Cup final between Arsenal and Man City

Arsenal and Manchester City meet at Wembley Stadium with both silverware and momentum at stakeArsenal arrive in strong form and chasing multiple trophies, while City head into the final after a run of inconsistent resultsThe outcome could have a major impact on the title race, with

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BIG INTERVIEW: Boda-bodas will be reduced in the city under new transport plan - Gen Katumba

BIG INTERVIEW: Boda-bodas will be reduced in the city under new transport plan - Gen Katumba

'Boda-bodas have provided employment. If tomorrow we decided to remove them, what would happen to the young men who depend on them? Each rider supports several people. So, they have benefits, but they also present challenges. They need to be better organised, and we had already started that proce

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Fatal Trailer Detachment Crash Kills Mother, Child in Luweero Home

Fatal Trailer Detachment Crash Kills Mother, Child in Luweero Home

A trailer that broke loose from a moving truck veered off the Gulu–Kampala Highway and rammed into a building in Luweero, killing a mother and her three-year-old daughter and leaving two others injured, as police launch investigations into possible mechanical failure.A devastating road a

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Surveyor ordered to pay Centenary Bank Shs 520m for ‘over-valuing’ land offered as security

Surveyor ordered to pay Centenary Bank Shs 520m for ‘over-valuing’ land offered as security

Katuramu & Company, a surveying firm, has been ordered to pay Centenary Bank Shs 521 million for misleading the bank into extending a loan to a client without conducting proper due diligence on the land offered as security.The case started in December 2021 when Hasifa Namulondo applied

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Iran fires missiles at joint US-UK base Diego Garcia in Indian Ocean, signaling longer missile reach: Report

Iran fires missiles at joint US-UK base Diego Garcia in Indian Ocean, signaling longer missile reach: Report

If confirmed, this would mark Iran’s first operational use of IRBMs and a significant attempt to target areas far beyond Middle East and threaten US interests.Iran reportedly fired two intermediate-range ballistic missiles at Diego Garcia, a joint US-UK military base in the middle of the

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