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02 Apr '26
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
Business •
01 Apr '26
Uganda Electricity Distribution Company Limited has registered a strong operational and financial rebound in its first year of managing the country’s electricity distribution network, posting Shs1.71 trillion in revenue as it stabilised a system inherited from private operators.The perfo
Business •
31 Mar '26
A bombshell Auditor General’s 2025 report has torn through the Uganda Industrial Research Institute (UIRI), exposing a deeply troubling mix of financial mismanagement, weak oversight, stalled innovation programs and outright administrative lapses under the leadership of Executive Director Profe
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30 Mar '26
Drivers and motorists have called on government traffic enforcement teams to consider the condition of roads before imposing fines under the Express Penalty System (EPS).Speaking at a three-day consultative meeting in Jinja City, aimed at validating newly proposed EPS provisions, drivers a
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30 Mar '26
Government’s plan to double taxes on used clothes signals renewed industrial ambition but risks squeezing low-income consumers and destabilising a fragile garments sector. With local production still insufficient, the policy revives old debates: can protection drive growth without first fixing
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30 Mar '26
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit
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29 Mar '26
Iran's largest steelmaker appeals to global industry bodies after strike kills workersintellinews.com3hIran's largest steelmaker appeals to global industry bodies after strike kills workersMobarakeh Steel Group, the largest steel producer in the Middle East and North A
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29 Mar '26
A team from the Uganda Media Centre has commended the steady progress of the Karamoja Museum and Cultural Centre in Moroto District, which is now nearing completion at approximately 85–87%.Strategically located at the foot of Mount Moroto, the facility is being developed under the Minist
Business •
29 Mar '26
Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult
Business •
29 Mar '26
The estimated net worth and earnings of Ugandan musician Alien Skin, real name Ali Mulwana, have sparked public interest, with new projections placing his wealth in the range of hundreds of millions to billions of Uganda Shillings.According to publicly accessible data, Alien Skin has built