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Minister Jim Muhwezi’s Wife Lands New Juicy Job

Minister Jim Muhwezi’s Wife Lands New Juicy Job

Security minister Maj Gen (Rtd) Jim Muhwezi’s wife Susan Muhwezi Kabonero has landed a new juicy job. Susan Muhwezi has been appointed a Board Member of the Private Sector Foundation (PSFU) representing the tourism and hospitality sector.Uganda’s apex body for the private sector, the P

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How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the country’s push toward a digital economy.Mobile money has revolutionized

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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga

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MTN Mobile Money loans on track to reach Shs 2.5 trillion

MTN Mobile Money loans on track to reach Shs 2.5 trillion

2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ

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Ugandan lawyer challenges Tanzania’s new law barring E.Africans from certain businesses

Ugandan lawyer challenges Tanzania’s new law barring E.Africans from certain businesses

Lawyer Steven Kalali addressing the mediaA Ugandan lawyer, Steven Kalali, has petitioned the East African Court of Justice (EACJ) over a new Tanzanian law that restricts non-citizens, including East African Community (EAC) nationals, from engaging in spec

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ACCA and Deloitte Uganda Launch 9th CFO Awards to Celebrate Financial Leadership

ACCA and Deloitte Uganda Launch 9th CFO Awards to Celebrate Financial Leadership

The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda have launched the 9th edition of the Chief Financial Officer (CFO) Awards.Organised under the theme, “CFO Vision: Creating Impact and Legacy,” the 2025 awards will spotlight finance leaders who are not

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New Training Programme Launched to Boost Agribusiness Support Services in Uganda

New Training Programme Launched to Boost Agribusiness Support Services in Uganda

The Agri-Business Development Services Ecosystem Enhancement Project (ABEEP), a multi-stakeholder initiative aimed at transforming Uganda’s agricultural sector, has officially launched its national training programme for Ag-BDS providers.The launch has marked a key milestone in effo

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Uganda is on a Mission to Change Its Destiny

Uganda is on a Mission to Change Its Destiny

The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i

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Equity Group posts Shs 433.2bn profit

Equity Group posts Shs 433.2bn profit

L-R: Equity Bank Uganda Executive Director, Claver Serumaga, Equity Group Managing Director and CEO, Dr. James Mwangi and Equity Bank Uganda Managing Director, Gift Shoko, during the Quarter One 2025 Investor Briefing event.The lender

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Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank Scoops Awards for Backing Farmers and Small Businesses

Housing Finance Bank has won two national awards for its outstanding efforts in boosting agricultural productivity and supporting Uganda’s small businesses to recover from recent economic shocks.The accolades — the Agricultural Credit Facility (ACF) Award and the Small

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