Business •
02 Feb '26
President Yoweri Museveni has directed the Bank of Uganda (BoU) to halt threats and directives aimed at forcing Savings and Credit Cooperative Organisations (Saccos) to apply for licences, arguing that the Central Bank should limit its role to oversight rather than direct control.The direc
Business •
19 Nov '25
Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether markets open, or whether a taxi driver makes it home with a decent earning. In Libya, that litre costs less than
Business •
03 Aug '25
Trade at the Mpondwe border point in Kasese District is thriving, fuelled by high demand from the Democratic Republic of Congo.Yet behind the apparent boom, small-scale vendors—especially the youth—are raising alarms about punitive taxes and the absence of political leadership to advoc
Business •
30 Jun '25
According to data by New York City’s comptroller, the city gets more than $100 million from the federal government through different entities and programs.Democratic mayoral candidate Zohran Mamdani speaks next to a portrait of Martin Luther King Jr.
Business •
13 Jun '25
The government has announced new tax measures on cigarettes, beer, imports, and agricultural by-product exports in the 2025/26 national budget, in a bid to boost domestic revenue and harmonize with regional tax frameworks.Presenting the budget to Parliament on Thursday, Finance Minister Ma
Business •
06 May '25
The Uganda Revenue Authority (URA) has destroyed more than 100 tons of goods found without Digital Tax Stamps (DTS), intensifying its crackdown on tax evasion and substandard products in the market.The destruction took place on April 30, 2025, at Luweero Industries Ltd in Nakasongola Distr
Business •
30 Mar '25
Mbarara, Uganda — The Uganda Revenue Authority (URA) has called on landlords across the country to voluntarily declare their rental properties and register for rental income tax, warning of steep penalties for non-compliance.
Business •
07 Jan '25
A miscalculation by the Uganda Revenue Authority (URA) will cost taxpayers Shs709 billion after the High Court’s Commercial Division ordered the refund of wrongly assessed taxes and interest to a United Kingdom-based company.
Business •
31 Oct '24
By Ezra Suruma In 1986 when the National Resistance Movement captured the apparatus of government, coffee was by far the most important export product of Uganda. Coffee had enjoyed this supremacy since the 1950s when it overtook cotton as the most important “cash crop” and expo
Business •
13 Sep '24
The Ugandan government is proposing to create more new cities amid concerns that the nine cities, which were created in 2020, are already crippling financially and operating under numerous challenges.The Constitut