Business •
18 Apr '26
PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P
Business •
17 Apr '26
The URA customs officer who rejected the bribe has been identified as Enid Priscilla KatusiimeA female customs officer at the Uganda Revenue Authority (URA), identified as Enid Priscilla Katusiime, is at the center of intense public debate after she rejected a Shs 300 million bribe and unc
Business •
17 Apr '26
A female customs officer at the Uganda Revenue Authority (URA) has been recognized for exceptional integrity after rejecting a bribe of Shs 300 million and uncovering a concealed shipment of cash amounting to $10 million (about Shs 37 billion). The officer, whose identity has not been disc
Business •
16 Apr '26
There was heavy deployment of police, soldiers, and municipal enforcement officers in Busia Town as authorities began demolishing illegal structures.The operation, which started on Wednesday afternoon, is aimed at implementing directives issued by the Permanent Secretary of the Ministry of
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14 Apr '26
She was accused of laundering money for her son serving a prison sentence in Cambodia on drug trafficking chargesA court in South Korea sentenced a 90-year-old grandmother to a year in prison for aiding her jailed son in laundering profits from drug trafficking.The Incheon District
Business •
14 Apr '26
A bold vision to transform Uganda into a $500 billion economy has been laid out, with a strong warning that the country risks missing out unless it urgently empowers its private sector.Presenting before National Resistance Movement Members of Parliament at the National Leadership Institute
Business •
14 Apr '26
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Business •
14 Apr '26
Activist Agather Atuhaire says Centenary Bank has frozen her account after her organization AGORA’s accounts were blocked.AGORA Discourse is a digital public square promoting human rights, public accountability and social justice.The freezing of bank accounts belonging to non-gove
Business •
13 Apr '26
President Donald Trump speaks with reporters at Joint Base Andrews, Md., Sunday, April 12, 2026, after he returned from Miami. (AP Photo)US President Donald Trump is considering limited military strikes on Iran alongside a naval blockade of the Strait of Hormuz, as his administration looks
Business •
13 Apr '26
Lafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northern SyriaLafarge is accused of paying millions of dollars in 2013 and 2014 to jihadist groups and intermediaries to keep its plant operating in northe