Business •
23 Apr '25
The British American Tobacco-Uganda (BAT) has urged Parliament to reconsider the Excise Duty Amendment Bill 2025, which proposes increasing taxes on cigarettes.BAT officials argued that the tax hike would not only reduce their sales but also lead to a decline in government revenue."
Business •
22 Apr '25
Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
Business •
06 Apr '25
The Uganda Revenue Authority (URA) is set to recruit 1,260 new staff members to enhance tax collection efforts, particularly targeting high-net-worth individuals in industries such as construction, transport, and professionals.This move aims to increase revenue collections and reduce depen
Business •
05 Apr '25
Jennifer Lawrence18 / 20Paramount Pictures/Warner Bros Pictures/Kobal/ShutterstockTaraji P. Henson earned a Best Supporting Actress Oscar nomination for 2008’s The Curious Case of Benjamin Button, but years later she was still fired up by the $150,000 she accepted to be in the movie—
Business •
04 Apr '25
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
Business •
04 Apr '25
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about
Business •
11 Mar '25
Ugandan businessman and investor Charles Mbire has emerged as one of the country’s highest individual taxpayers, with a staggering UGX 5.4 million deducted daily in taxes from his MTN Uganda dividends alone.Foll
Business •
07 Mar '25
As the Kawempe North by-election campaign continues, National Resistance Movement (NRM) candidate Faridah Nambi has faced criticism after a video surfaced showing her offering UGX 50,000 to voters at a market. The act, seen by many as voter bribery, was met with
Business •
06 Mar '25
President Museveni has emphasized the need to strengthen Alternative Dispute Resolution (ADR) mechanisms, calling for their expansion to grassroots levels as a more effective and affordablemeans of justice.He made the call while presiding over the swearing-in ceremony of 21 rec
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.