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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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FABIO Uganda Engages Stake Holders on The Controversial Protection of Sovereignty Bill 2026

FABIO Uganda Engages Stake Holders on The Controversial Protection of Sovereignty Bill 2026

The First African Bicycle Information Organization (FABIO) a non-government organization involved in social transformation activities has engaged stake holders on the Controversial Sovereignty Bill 2026 which was tabled in parliament for the first reading last week and is currently at the committ

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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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Shs46bn Idle Funds for Science Ministry leave MPs furious

Shs46bn Idle Funds for Science Ministry leave MPs furious

The Budget Committee has summoned officials from the Ministry of Science, Technology and Innovation (STI) to explain why Shs 46 billion meant for innovation remains unutilised for two consecutive financial years, raising concerns over accountability and stalled research interventions.The m

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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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Nansana Sacco Leaders Arrested Over Shs200m Mechanics Fund Scandal

Nansana Sacco Leaders Arrested Over Shs200m Mechanics Fund Scandal

Eleven members of a Nansana mechanics SACCO have been arrested over allegations of mismanaging more than Shs 200 million intended to support mechanics’ livelihoods, as police widen investigations into suspected embezzlement and abuse of office.Police in Nansana Municipality have arrested

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Call data places Okello at Ggaba crime scene

Call data places Okello at Ggaba crime scene

Fresh evidence in the ongoing High Court mobile trial in Ggaba, Kampala, has placed the prime suspect, Christopher Okello Onyum, at the scene of the brutal daycare killings through analysis of his phone call data records.Detective Inspector of Police Aggrey Mpamiizo told the High Court tha

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Documents breakdown: Namyalo shares bank statements amidst fire from netizens

Documents breakdown: Namyalo shares bank statements amidst fire from netizens

Hajat Hadijah Namyalo, the head of the Office of the National Chairman (ONC) of the National Resistance Movement (NRM), has shared her bank records in self-defence after netizens questioned her sources of income following two major splurges she made recently.The boisterous NRM bigwig recen

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Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

Directors Face Jail as Uganda Government Investigates 20 Gold Companies: Police & Energy Ministry Inquiring into Alleged Fraud

The chief police publicist Kituma Rusoke has corroborated the Energy Ministry’s Geology & Mining Commissioner Agnes Alaba’s information indicating that a total of not less than 20 private companies involved in gold deals in Uganda are currently being investigated.That the companies

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