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Budget Revised to Shs84.39tn After Last-Minute Corrections

Budget Revised to Shs84.39tn After Last-Minute Corrections

A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.The National Budget for the 2026/27 financial year has been revised to Shs84.39 trillion following a last-minute adjustmen

Ultimate Uganda

Why MPs approved 30% tax on second-hand clothes: How you'll be affected

Why MPs approved 30% tax on second-hand clothes: How you'll be affected

Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industries.The tax was passed under the External Trade (Amendment) Bill, 2026 during a parliamentary sitting chaired by Speaker A

Ultimate Uganda

Government pumps Shs101 billion into Mbale industrial park roads

Government pumps Shs101 billion into Mbale industrial park roads

The Ministry of Finance, Planning and Economic Development has released Shs101 billion to build 11 kilometres of roads inside the Sino-Uganda Mbale Industrial Park, as government moves to improve infrastructure and attract more investors.The funds are part of the 2025/2026 financial year b

Ultimate Uganda

Nebbi produce dealers left in tatters out as fuel crisis bites

Nebbi produce dealers left in tatters out as fuel crisis bites

Produce dealers in Nebbi are counting losses as rising fuel prices have forced them to hike the cost of food.Since rising fuel prices have a significant impact on food prices, customers are being forced to move long distances in search for cheaper prices.Some of the traders who ar

Ultimate Uganda

Medics sue govt over withdrawn allowances

Medics sue govt over withdrawn allowances

Lawyer Jane Namaganda Kibira, UMA leaders and some of the disgruntled interns shortly after filing their petition at the High Court on Wednesday. Photo | Ibrahim Kavuma.Medical workers under their representative bodies on Wednesday petitioned court over what they described as widespread hu

Ultimate Uganda

Winners, losers as MPs pass new taxes

Winners, losers as MPs pass new taxes

Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g

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Police Arrest Hoima District Boss in Shs16m Job Sale Expose

Police Arrest Hoima District Boss in Shs16m Job Sale Expose

Hoima District Vice Chairperson Hellen Mulumba is in police custody over allegations of extorting Shs 16.5 million from a job seeker, as authorities probe a growing pattern of recruitment-related fraud involving local government officials.Police in Hoima City are holding Hoima District Vic

Ultimate Uganda

Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

Withholding Tax Exemption Returns to Six Months: What It Means for Businesses

withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic

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Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living

Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living

Parliament of Uganda has approved a raft of tax measures expected to raise Shs1.8 trillion for the 2026/27 budget, including a controversial fuel levy increase, despite concerns about inflation and economic pressure on citizens.Parliament of Uganda has passed a series of tax bills aimed at

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Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors

Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration, and attracting investment, following a report presented by Mbale Industrial Division MP Karim Masaba.The House approve

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