The Ministry of Finance, Planning and Economic Development has revealed that in April 2026, the Supervised Financial Institutions approved loans worth UGX2.053Trn out of the requested UGX4.074Trn, translating into an approval rate of 50.4 percent.The details are contained in the Performanc
Stanbic Bank Uganda is suffering a devastating reputational loss after the Uganda Revenue Authority (URA), recently moved to withdraw all its accounts from the bank, effectively stripping it of a lucrative tax collections business worth more than UGX 11 trillion a year.The decision means t
UCC Executive Director Nyombi Thembo announced the return of web services Jan. 18, while keeping a temporary ban on social media and messaging apps.Uganda’s communications regulator has clarified the findings of a report on telecommunications taxation, after social media commentary used
The National Lotteries and Gaming Regulatory Board (NLGRB) has destroyed 8,714 illegal gaming machines confiscated from various parts of the country as part of its ongoing efforts to eliminate unlawful gambling operations and protect the public from unregulated gaming activities.The destro
The Uganda Revenue Authority (URA) has announced a temporary waiver of penalties and fines for undeclared and falsely declared goods, provided they are cleared by Customs by the end of June 30, 2026.The scheme is intended to encourage taxpayers to regularize their tax affairs and facilitat
Ernst & Young Uganda, one of the leading audit firms, has been ordered to pay the Uganda Revenue Authority (URA) Shs 3.48 billion as VAT from services it received from foreign companies within its global network.The dispute began after URA audited Ernst & Young Uganda for the perio
he High Court has awarded a URA officer Shs 100 million after finding that a colleague defamed him in a senior management WhatsApp group by spreading unverified allegations linking him to a shooting and a love triangle.The High Court in Kampala has ordered a Uganda Revenue Authority (URA)
The Church of Uganda Mothers Union has welcomed a High Court arbitration ruling that resolves a long-standing dispute with a contractor, clearing the way for the resumption of construction of its multi-billion-shilling Mothers’ Union House project in Kampala.Jubilation has swept through
Delays in Uganda's digital number plate system are leaving thousands of vehicles idle, costing businesses millions and disrupting transport operations across the country.Many vehicles remain grounded due to delays in issuing ITMS digital number plates.Shortages of tracking component
sensational fraud case involving billions of shillings, allegations of counterfeit currency and a prominent Ugandan businessman has exploded in court after consultancy firm Newplan boss Omulen Levy Lawrence was cited in a purported fake money racket during proceedings that saw eleven suspects rem
