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 •
04 Apr '25
The Katikkiro of Buganda, Charles Peter Mayiga, has called on Ugandans, including politicians, to denounce violence and embrace dialogue as a means of resolving conflicts.His remarks came as Members of Parliament from the National Unity Platform (NUP) visited Bulange, Mengo, to purchase ki
Business •
31 Mar '25
Umeme insists that the government’s audit undervalues the company’s investment and has formally notified authorities of a dispute under Section 9.1 of the Support AgreementInside and outside the Ntinda substation in Kampala, where Umeme r
Business •
31 Mar '25
FILE PHOTO: A Umeme worker sorts a problem. March 31st is a turning point for Uganda in the electricity distribution sectorHow this well-structured and managed organization may turn into a political battlefield, leaving Ugandans in th
Business •
30 Mar '25
Kampala, Uganda – The Court of Appeal has directed the appointed receiver to audit and sell Emerald Hotel in Kampala within six months under court supervision.This decision overturns a prior High Court judgment
Business •
28 Mar '25
The Uganda People's Defense Force (UPDF) has formally requested an additional Shs 39.1 billion to support its recently launched peacekeeping operation in South Sudan.The request, presented to the Parliamentary Com
Business •
12 Mar '25
City businessman and billionaire, Hassan Basajjabalaba could lose a significant part of his Kampala International University over UGX 57 billion loan dispute after the High Court in Kampala ruled in favor of Housing Finance Company Limited in a high-stakes financial dispute.The ruling, whi
Business •
11 Mar '25
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Business •
11 Mar '25
Police Detectives attached to Marine Unit in Katosi detach are looking for one of their colleagues over allegations stealing money from a colleague before dumping his gun inside his house and going into hiding.The
Business •
07 Mar '25
Absa Bank Uganda, in partnership with Visa, has launched three new premium card solutions—Infinite, Signature, and Business Credit Cards—designed to cater to the unique needs of affluent and business customers.The Infinite Card, a globally recognized ultra-premium debit or credit card,