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Middle East War: Uganda Fuel Prices Stay Below Europe

Middle East War: Uganda Fuel Prices Stay Below Europe

Kampala — Uganda’s fuel prices remain significantly lower than those in Europe despite rising geopolitical tensions affecting global oil markets, with officials attributing the stability to diversified supply arrangements through the Uganda National Oil Company (UNOC) and its international su

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Vivo Energy puts Shell service stations up for sale

Vivo Energy puts Shell service stations up for sale

Vivo Energy Uganda is inviting sealed bids for the purchase of the Shell Clock Tower and Shell South Street service stations. This rare sale offers prime commercial real estate and redevelopment potential in the heart of the Kampala central business district.KAMPALA, Uganda — Vivo Energy

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Tecno Mobile launches Camon 50 smartphone series in Uganda

Tecno Mobile launches Camon 50 smartphone series in Uganda

KAMPALA, Uganda — Tecno Mobile introduced its latest smartphone lineup, the Camon 50 Series, to the Ugandan market on Tuesday, featuring a suite of camera upgrades and a durable glass design intended to capture a larger share of the country’s mid-range mobile sector.The new series, whi

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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

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Bank of Uganda Warns Against Using Shilling Notes in Bouquets and Decorative Gifts

Bank of Uganda Warns Against Using Shilling Notes in Bouquets and Decorative Gifts

The Bank of Uganda has issued a strong warning to the public regarding the misuse of Uganda Shilling currency, urging everyone to preserve the integrity of banknotes and coins. The central bank specifically cautioned florists, designers, gifting stylists, and clients against using brand-new bankn

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Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the lender shifts its strategy to meet revised capital requirements while maintaining core credit and deposit services.KAMPALA

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Gaming Board, police dismantle illegal machine factory in Soroti, arrest Chinese national

Gaming Board, police dismantle illegal machine factory in Soroti, arrest Chinese national

Arrested China national known as Lin Haiyun and the illegal equipment he has been operating.Authorities have dismantled an illegal gaming machine manufacturing facility in Soroti Town, arresting a Chinese national in an intensified crackdown on unlawful gambling activities.The opera

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Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya

The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its top executives are heading for the exit and its once-proud retail empire in Uganda has collapsed into a fire sale.In the

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UEDCL Announces Stable Electricity Tariffs for Q1 2026

UEDCL Announces Stable Electricity Tariffs for Q1 2026

The Uganda Electricity Distribution Company Limited – UEDCL has released the approved retail electricity tariffs for the first quarter of 2026 (January-March), as sanctioned by the Electricity Regulatory Authority (ERA).These rates apply to all consumer categories, including domestic, co

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Government moves to regulate Uganda flag over ‘misuse’

Government moves to regulate Uganda flag over ‘misuse’

Commissioner Seku reminded the public of the legal requirements, specifically citing the regulations that prohibit the hoisting of the national flag on private buildings without express government permission. Government has issued a warning regarding the management and display of the natio

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