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Worry as Unpaid NRM Mobilizers Demand Shs 2.4 Billion from Peace Rugambwa

Worry as Unpaid NRM Mobilizers Demand Shs 2.4 Billion from Peace Rugambwa

Thousands of National Resistance Movement (NRM) mobilizers in Southwestern Uganda have raised concern over unpaid dues, accusing Senior Presidential Advisor on Agriculture and Local People, Peace Rugambwa, of failing to compensate them for campaign work.The mobilizers say they played a key

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6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita

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Government warns Ugandan fuel companies over ‘superficial’ pump price hikes

Government warns Ugandan fuel companies over ‘superficial’ pump price hikes

As of Friday, pump prices exceeded Shs 5,300 at some outlets such as TotalEnergies, yet according to PS Batebe, Uganda has fuel stocks lasting over two monthsUganda’s government has cautioned oil marketing companies against unjustified increases in fuel pump prices, even as global market

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SHELL SHAKE-UP! With 600 Stations On Sale in S. Africa — Uganda Not Spared as Two Prime City Petrol Sites Hit Market

SHELL SHAKE-UP! With 600 Stations On Sale in S. Africa — Uganda Not Spared as Two Prime City Petrol Sites Hit Market

A quiet but significant ripple from the global oil industry is now being felt in Uganda after Vivo Energy Uganda announced plans to sell two of the most strategically located Shell-branded petrol stations in the heart of Kampala.The move comes as the multinational energy giant Shell plc co

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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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