Search Results

Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses: Parliament’s rejection of the proposed 13-year vehicle import limit underscores the difficult balance between environmental reform and economic reality

Bill Seeking to Ban Importation of Cars Older than 13 Years Collapses: Parliament’s rejection of the proposed 13-year vehicle import limit underscores the difficult balance between environmental reform and economic reality

Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, mo

Ultimate Uganda

Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living

Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living

Parliament of Uganda has approved a raft of tax measures expected to raise Shs1.8 trillion for the 2026/27 budget, including a controversial fuel levy increase, despite concerns about inflation and economic pressure on citizens.Parliament of Uganda has passed a series of tax bills aimed at

Ultimate Uganda

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration, and attracting investment, following a report presented by Mbale Industrial Division MP Karim Masaba.The House approve

Ultimate Uganda

URA’s 10 million dollar recovery raises many questions

URA’s 10 million dollar recovery raises many questions

A public disclosure by Uganda’s tax authority that it recovered in excess of $10m (Shs37b) smuggled through Entebbe International Airport has raised more questions than answers. The revelation has come under scrutiny after sources at the aviation security, which combines civilian and military i

Ultimate Uganda

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

Bank of Uganda launches three-year pilot to buy domestic gold for reserves

The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year pilot Domest

Ultimate Uganda

AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

AFCON 2027 countdown begins as CAF Taskforce lands in Kampala

Kampala, Uganda | URN | The race to deliver the TotalEnergies Africa Cup of Nations (AFCON) 2027 has entered a decisive phase, with the Confederation of African Football (CAF) convening in Kampala to align East Africa’s co-hosting strategy. The high-level two-day technical meeting, running from

Ultimate Uganda

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

Uganda Alcohol Policy Alliance backs proposed tax rise on spirits

The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic content, welcoming a move that would see the rate rise from Shs1,700 to Shs3,500 per litre.Juliet Namukasa, the chairperson

Ultimate Uganda

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

Ultimate Uganda

Buchaman claims he was the intended target in Bebe Cool shooting

Buchaman claims he was the intended target in Bebe Cool shooting

Former Firebase Crew singer Buchaman, born Mark Bugembe, has revealed a previously untold story about surviving a shooting incident earlier in his life.Now serving as the Presidential Envoy on Ghetto Affairs, Buchaman disclosed that the gunfire which once targeted Bebe Cool, and left him h

Ultimate Uganda

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

From Banking To Farming: Dr. Richard Wemesa Is Operating A Multi-Enterprise Agribusiness With dfcu Support

Agriculture employs more than 70% of Uganda’s population, but for many households it remains subsistence, low input, low output, and highly exposed to weather and price shocks. Access to financing is still limited, and value addition across most value chains remains underdeveloped.That s

Ultimate Uganda