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Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt

Indian buying Iranian crude without any payment hurdle, tanker diversion to China not due to ‘payment issues’: Govt

This is the first official confirmation from the government that India is buying Iranian crude, following the sanctions waiver for Iranian oil on water announced by the US last month. (File Photo)Indian refiners are buying crude from Iran as part of their efforts to secure oil supplies ami

Ultimate Uganda

Stop Asking the Rich for Money, Try This Instead

Stop Asking the Rich for Money, Try This Instead

There is a silent pattern that plays out every single day, especially in our part of the world. The moment someone is perceived to have money—whether they are actually rich or just slightly better off—their phone changes purpose. It stops being a communication tool and becomes a request cente

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Inside Centenary Bank’s Anti-Fraud Technology Protecting Customers’ Money

Inside Centenary Bank’s Anti-Fraud Technology Protecting Customers’ Money

As digital banking adoption accelerates across East Africa, concerns over cybercrime continue to grow, with fraudsters increasingly targeting unsuspecting users through sophisticated digital attacks.According to the Uganda Police Annual Crime Report 2024, cybercrime-related losses in Ugand

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Police Warn Money Lenders Over Illegal Property Seizures in Wamala

Police Warn Money Lenders Over Illegal Property Seizures in Wamala

Police in the Wamala Region have issued a stern warning to money lenders operating in the area, urging them to stop engaging in illegal practices or face prosecution.According to Lameck Kigozi, the Wamala Police spokesperson, authorities are increasingly concerned about how some lenders ha

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Jubilation As Parliament Overturns Nabbanja Directive, Orders Immediate Reinstatement Of Farmers’ Weighbridges

Jubilation As Parliament Overturns Nabbanja Directive, Orders Immediate Reinstatement Of Farmers’ Weighbridges

Kampala — Parliament has today Wednesday decisively moved to restore roadside weighbridges used by sugarcane farmers, in a dramatic reversal of Prime Minister Robinah Nabbanja’s earlier directive that had ordered their removal.During Wednesday’s plenary sitting, legislators adopted a

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Govt Abandons Plan to Tax all Cash Withdrawal

Govt Abandons Plan to Tax all Cash Withdrawal

Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and

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Court Rules in Favor of URA Against ATC Uganda

Court Rules in Favor of URA Against ATC Uganda

URA's Commissioner for Legal Services and Board Affairs, Mrs. Catherine Donovan KyokundaThe Court of Appeal has upheld URA’s withholding tax assessment of UGX 24,232,558,369 against ATC Uganda Limited in Court of Appeal, Civil Appeal No. 220 of 2022.ATC Uganda Limited obtained a s

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All Cash Withdrawals Now to be Taxed:

All Cash Withdrawals Now to be Taxed:

Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult

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Businesswoman Erina Barugahara Wanzala charged in alleged UGX 983 million fraud

Businesswoman Erina Barugahara Wanzala charged in alleged UGX 983 million fraud

Erina Barugahara Wanzala, a director of Basaam General Merchandise and Supplies Ltd., appeared before the court following a joint investigation by the State House Anti-Corruption Unit, the Criminal Investigations Directorate and the Office of the Director of Public Prosecutions.KAMPALA —

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Exclusive: Muhoozi fires Brig. Rugumayo as Deputy Military Intelligence boss

Exclusive: Muhoozi fires Brig. Rugumayo as Deputy Military Intelligence boss

SACKED; Brig RugumayoThe Chief of Defence Forces (CDF), Gen Muhoozi Kainerugaba, has fired Brig Abdul Rugumayo from his position as Deputy Chief of Defence Intelligence and Security (DIS), formerly known as the Chieftaincy of Military Intelligence (CMI), this website has learnt. Bri

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