Business •
23 Apr '26
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF) last week.We are now ranked as a lower middle income country beside all this Uganda is in the first position in the Ea
Business •
23 Apr '26
Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industries.The tax was passed under the External Trade (Amendment) Bill, 2026 during a parliamentary sitting chaired by Speaker A
Business •
23 Apr '26
Final Renovation Phase Begins at Namboole StadiumWorks have entered a critical stage at Mandela National Stadium, Namboole, with major structural upgrades underway to meet Caf standards as Uganda intensifies preparations for Afcon 2027.The final phase of renovation works at Mandela
Business •
23 Apr '26
The Uganda Heart Institute (UHI) and Phaneroo Ministries International have moved to calm public concern over a disputed piece of land in Naguru, saying talks are ongoing and no breakdown has occurred.In a joint statement issued on April 21, 2026, in Kampala, the two institutions said they
Business •
23 Apr '26
In a voluminous petition of 604 pages, Bobi Wine’s brother Fred Nyanzi Ssentamu has tabled his very incriminating evidence unequivocally demonstrating how he won the Kawempe South MP race with a total 18,591 votes only for the Electoral Commission to controversially declare NRM’s Madina Nsere
Business •
22 Apr '26
No man is an island, Entire of itself; Every man is a piece of the continent, A part of the main.”The European poet who wrote those words 400 years ago has become relevant in today’s discussions.No nation is an isolated island, entire of itself.Every country faces foreign
Business •
22 Apr '26
Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g
Business •
22 Apr '26
withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden related to tax credits and reconciliations.The Uganda Revenue Authority (URA) has officially announced the opening of applic
Business •
22 Apr '26
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of
Business •
22 Apr '26
Parliament has withdrawn the Traffic & Road Safety (Amendment) Bill, 2026, halting plans to reduce the vehicle import age limit from 15 to 13 years. Lawmakers cited affordability concerns, warning the move would raise car prices and transport costs, despite government’s push for cleaner, mo