Business •
18 Apr '26
Uganda’s banking industry has mounted a formal and detailed opposition to the proposed Protection of Sovereignty Bill, 2026, warning that its provisions could disrupt financial intermediation, deter foreign investment, and undermine the country’s broader economic growth strategy.In a l
Business •
16 Apr '26
KAMPALA, Uganda — A coalition of women’s rights organizations led by the Forum for Women in Democracy is calling on the government to halt proposed tax increases on essential goods, warning the measures will disproportionately affect low-income citizens.During a press briefing in Ntind
Business •
16 Apr '26
The Chieftaincy of Military Intelligence (CMI) has joined the State House Anti-Corruption Unit in investigating a high-profile gold scam in which investors lost approximately Shs 13 billion.The case centers around a businessman identified as Ali Muhammad, a Ugandan of Somali origin, who is
Business •
14 Apr '26
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
Business •
14 Apr '26
Centenary Bank, the leading microfinance bank in the country and the Office of the Supreme Mufti (OSM) partnered to roll out the OSM Digital Payments Platform, a transformative initiative aimed at facilitating seamless financial transactions within Muslim communities through secure, convenient, a
Business •
14 Apr '26
Activist Agather Atuhaire says Centenary Bank has frozen her account after her organization AGORA’s accounts were blocked.AGORA Discourse is a digital public square promoting human rights, public accountability and social justice.The freezing of bank accounts belonging to non-gove
Business •
11 Apr '26
The Ministry of Works and Transport Uganda, in collaboration with the Uganda Revenue Authority (URA), has outlined procedures for vehicle registration, and digital number plate issuance.The guidelines are intended to improve efficiency, reduce fraud, and to track vehicle status.Firs
Business •
10 Apr '26
Government has reaffirmed that LDC students who fail three or more Bar Course subjects cannot sit supplementary examinations, insisting the law mandates a full course retake despite petitions from affected candidates seeking special consideration.The government has clarified that students
Business •
08 Apr '26
Hajjati Rehema Nankya, the brain behind Fortress Hardware in Maya. She started with a small shop with capital worth UGX1.5M.Fortress Hardware, located in Maya Trading Centre along the Kampala–Masaka Highway, isn’t an ordinary enterprise. There’s a unique and inspiring story behind it
Business •
07 Apr '26
KAMPALA: Uganda’s finance ministry opposed reinstating suspended Accountant General Semakula Lawrence because the allegations against him relate directly to the government’s financial systems, raising risks to public funds and institutional integrity, court documents show.Semakula is c