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Only 20% of Uganda’s 5.25 Million Registered Taxpayers Are Active – Audit

Only 20% of Uganda’s 5.25 Million Registered Taxpayers Are Active – Audit

Kampala — Uganda’s Auditor General has raised concerns over the effectiveness of the country’s tax register, revealing that only about 20% of registered taxpayers are active, despite a sharp expansion in registrations in the financial year ended June 30, 2025.According to the Auditor

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Museveni halts Central Bank directive on Sacco licensing

Museveni halts Central Bank directive on Sacco licensing

President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc

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Hon Babirye Kityo, NRM’s Bulegeya tips President Museveni on factors that could increase NRM support in Central Region

Hon Babirye Kityo, NRM’s Bulegeya tips President Museveni on factors that could increase NRM support in Central Region

Masaka– Newly elected Bukoto East Member of Parliament Hon. Sarah Babirye Kityo has advised President Yoweri Kaguta Museveni to strengthen the National Resistance Movement’s (NRM) foothold in the Central Region by fostering closer ties with communities through regular consultations and engage

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Muturi Warns Ruto: Any Attack on Opposition Will Trigger Widespread Protests

Muturi Warns Ruto: Any Attack on Opposition Will Trigger Widespread Protests

Former Attorney General Justin Muturi has issued a stern warning to President William Ruto, saying the opposition will pursue legal action and mass protests if the Head of State targets opposition leaders or supporters.Muturi spoke on Sunday, February 1, 2026, during a political rally held

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Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Shs 5.3tn Karuma Dam Delivers Only 30% of Installed Power Capacity, Threatens Loan Repayments

Kampala — Uganda’s flagship hydropower projects are operating far below their available generation capacity, raising concerns over revenue shortfalls and the country’s ability to service billions of dollars in Chinese loans used to build the plants, the Auditor General has warned.In

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Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

Finance Secures UGX 2.75 Trillion Financing Deals for Power, Water, and Roads

The Government of Uganda has signed financing agreements worth UGX 2.747 trillion to fund three major infrastructure projects aimed at strengthening power transmission, expanding water and sanitation services, and upgrading a key road corridor. The projects will be financed through externa

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New Govt Payroll System to “Shake Public Service” by April 2026

New Govt Payroll System to “Shake Public Service” by April 2026

Human Resource managers across government ministries have been ordered to take strict action against officers who arrive late or skip work, as concerns grow over absenteeism and poor service delivery in public offices.Public Service Cabinet Secretary Geoffrey Ruku expressed frustration ove

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Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete Appropriation

Parliament Approves Budget Framework Paper as MPs Return to Complete AppropriationParliament on Thursday approved the National Budget Framework Paper (NBFP) for FY 2026/27–2030/31, clearing the way for preparation of detailed budget estimates.The framework sets the fiscal andmonet

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Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

Uganda: Ssemakadde's Bid for Presidential Pardon Rejected

The Advisory Committee on the Prerogative of Mercy has declined to advise the President on granting clemency to exiled president of the Uganda Law Society, Isaac Ssemakadde.The decision, conveyed in a letter signed on behalf of the Solicitor General by John Bosco Rujagaata Suuza, director

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Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank to surrender commercial license for Tier II status

Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the lender shifts its strategy to meet revised capital requirements while maintaining core credit and deposit services.KAMPALA

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