Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of shillings in disputed payouts, exposed serious asset mismanagement, and created fresh fiscal risks, the Auditor General’s 2026 repor
Addressing journalists on Wednesday, Akena sounded off on the army chief and First Son, calling his social media posts “an embarrassment” to all Ugandans Uganda People’s Congress (UPC) president Jimmy Akena publicly chastised Chief of Defence Forces Gen Muhoozi Kainerugaba, urging th
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga
Gen Muhoozi Kainerugaba has appointed three administrators to oversee his Shs1 billion fund, aimed at supporting wealth-creating projects in agriculture, manufacturing, mining, and services.On February 8, 2026, the Chief of Defence Forces (CDF), General Muhoozi Kainerugaba, named Frank Kag
President Yoweri Kaguta Museveni has praised the Uganda People’s Defence Forces (UPDF) and other security agencies for maintaining peace and stability during the recently concluded general elections.While presiding over the 45th Tarehe Sita Anniversary celebrations at NTC grounds in Kaba
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstanding receivable from the Government of the Republic of Zambia.In a notice issued under Rule 41 of the Uganda Securities Exc
Research. Science professors conduct research on water pollution in Lake Victorian in October last year. Their findings indicated that the lake contained heavy metals, pesticides and other chemicals. PHOTO/FILEAt dawn, the cool breeze from Lake Victoria should carry freshness, the soft rus
President Yoweri Museveni has inaugurated PRO Industries, the largest ethanol plant in East Africa, highlighting the $100-million investment as a significant advancement for Uganda’s agro-industrialization, clean energy production, and job creation.Located in Luwero District in central U
