Ugandan members of Parliament are divided over the new 84.3 trillion shilling national budget for the 2026-2027 financial year, with ruling party lawmakers praising its infrastructure funding and the opposition warning of a heavy tax burden.KAMPALA, Uganda — Lawmakers are divided over th
David Greenhalgh, the British businessman who shot to fame in Uganda through his turbulent, high-spending romance with city socialite Shanita Namuyimbwa, popularly known as "Bad Black," faces a long prison sentence in the United Kingdom after being convicted of running a massive international ill
Authorities in Ibanda Municipality have prioritized the redevelopment of Ssaza Daily Market as the first project to be implemented under the Uganda Support to Municipal Infrastructure Development (USMID) Program, shelving earlier plans to simultaneously undertake three major infrastructure projec
tax dispute that began more than a decade ago over Value Added Tax (VAT) on land transactions has cost the Ugandan government at least UGX 2.48 billion in refunds, interest and legal costs, but fresh documents now indicate that an additional UGX 533 million remains unresolved despite being previo
Revenue officials say taxpayers are increasingly questioning how their money is used, warning that public trust and accountability are becoming critical to Uganda's efforts to raise Shs40 trillion in taxes and finance its record Shs84.39 trillion budget.KAMPALA — The Uganda Revenue Autho
Ibrahim Ssemujju Nganda has warned that Uganda’s Shs84.3 trillion budget, driven by heavy borrowing and domestic financing, could strain taxpayers and the private sector, as government defends its spending priorities in health, education and infrastructureFormer Kira Municipality Member
Strong capital ratios and a Shs591 billion profit anchor Stanbic Uganda as Chief Executive Francis Karuhanga transitions to Standard Bank Group regional leadership.KAMPALA, Uganda — Outgoing Stanbic Uganda Holdings Limited Chief Executive Francis Karuhanga is handing over a robust balanc
As construction of the East African Crude Oil Pipeline (EACOP) nears completion, the project company has initiated mass layoffs in Uganda and Tanzania, triggering anxiety among section of staff. The move has also stoked claims of discrimination amid claims of retention of majorly expatriat
Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20
Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g
