Business •
28 Apr '25
A section of traders at Nyumanzi Market in Ajugopi Parish, Dzaipi Sub-county comprising both nationals and refugees are counting heavy losses following a devastating fire outbreak on Sunday evening.James Ondoga Okido, the Dzaipi Sub-county Local Council III Chairperson, said the
Business •
26 Apr '25
Residents of Kigombya village in Mukono Municipality on Friday blocked the Kampala–Jinja highway, setting fires in the middle of the road to protest its deteriorating condition.They say the thick dust from stalled road works has disrupted their businesses and posed serious health risks.
Business •
25 Apr '25
The Parish Development Model (PDM) is a promising initiative, but it risks becoming just another cash distribution scheme unless the government rethinks its broader development strategy, renowned economist Dr Fred Muhumuza has cautioned.Appearing on NBS Morning Breeze, Muhumuza argued that
Business •
25 Apr '25
Tensions within Uganda’s oldest political party, the Democratic Party (DP), have escalated as Julius Dumba, the current Uganda Youth Democratic (UYD) Chair for Kampala District and an aspiring candidate for the position of President General, has raised grave concerns over the transparency and f
Business •
23 Apr '25
The British American Tobacco-Uganda (BAT) has urged Parliament to reconsider the Excise Duty Amendment Bill 2025, which proposes increasing taxes on cigarettes.BAT officials argued that the tax hike would not only reduce their sales but also lead to a decline in government revenue."
Business •
22 Apr '25
The National Social Security Fund (NSSF) has posted record-breaking operational efficiency, outshining regional peers and challenging stereotypes about Ugandan managerial competence.Speaking during the Eastern Regional Employer Engagement in Mbale, NSSF Executive Director Patrick Ayota ann
Business •
04 Apr '25
There’s nothing worse than looking back at your life and realising you misused money that could have changed your future.Last week, we talked about giving your money a job. I hope your wallet had a productive week. But now, let’s talk about something even mor
Business •
04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
Business •
30 Mar '25
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Business •
18 Mar '25
Uganda is one of the top 26 countries that face significant risks due to the reductions in U.S. foreign aid, particularly impacting health sector financing.According to an analysis from the Washington, D.C.-based