Business •
09 May '26
According to the summary of the financial resource envelope for 2026/2027, the budget is expected to be financed through locally raised revenue, central government transfers, external financing, and other transfers.The summary indicates that locally raised revenue remains at shs2,637,558,0
Business •
09 May '26
KAMPALA — The Tax Appeals Tribunal has upheld a Uganda Revenue Authority (URA) decision to treat Shs3.16 billion claimed by Java House Coffee Shop Uganda Limited as unsupported shareholder loans and reclassify the money as undeclared income, in a ruling that sharply criticised the company’s r
Business •
09 May '26
Okwere says MP absenteeism as a betrayal of public trust, calling it “reluctancy” and emphasising that a legislator who consistently misses sittings is actively choosing to neglect their duty.David Okwere emphasised that attendance in Parliament is a service to the people, not a job.
Business •
07 May '26
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
Business •
07 May '26
The Green Africa Youth Organisation (GAYO) has intensified efforts to support youth-led waste management innovations in Kampala’s informal settlements as part of broader efforts to advance circular economy solutions and sustainable urban living.Through partnerships with initiatives such
Business •
07 May '26
A long-running leadership dispute within the Bugisu cultural institution (Bukuuka Bwa Bugisu) has entered a decisive phase, with court-led mediation now underway at the High Court in Mbale in a bid to resolve deep divisions among the Bamasaba community.The mediation, facilitated by the Jud
Business •
07 May '26
growing number of Members of Parliament-elect are reportedly evading service of election petitions, raising concerns over access to justice and the increasing risk of cases being dismissed on technical grounds.Last month, the High Court in Gulu, presided over by Justice Phillip Odoki, allo
Business •
06 May '26
A bombshell leaked board resolution from Stanbic Bank Uganda has laid bare the real reasons behind the dramatic exit of CEO Anne Juuko in 2024 and it’s not the rosy “promotion” story that was sold to the public.Kampala was left buzzing, boardrooms kept whispering, and the truth is fi
Business •
06 May '26
Kiira Motors Corporation, Uganda’s flagship automotive manufacturer, has grown from a modest student innovation project at Makerere University into a key pillar of the country’s industrialisation agenda. The project dates back to 2007, when Ugandan engineering students participated in a globa
Business •
06 May '26
Former Champions League winner Wesley Sneijder has jokingly suggested that UEFA should "intervene" to prevent Arsenal from featuring in the competition's final. The Gunners beat Atletico Madrid in their semi-final on Tuesday evening to book their place in the final, which is scheduled to take pla