The authority has also urged taxpayers to complete the process early to avoid disruptions when accessing tax services after the July 2026 deadline.The Uganda Revenue Authority (URA) has announced a nationwide update of taxpayer registration records in a move aimed at strengthening tax admi
The police have cleared Equity Bank of any wrongdoing in a fraudulent gold transaction that resulted in a loss of over Shs3 billion for Canadian national Clifford Potter.Last week, it was reported that Police had called on Equity Bank and Stanbic Bank to clarify the circumstances surroundi
The Commercial Division of the High Court has launched an intensive two-week mediation exercise targeting more than 320 banking and credit-related disputes, in a move aimed at reducing case backlog and unlocking billions of shillings tied up in prolonged litigation.The initiative, conducte
For years, Vincent Frerrio Bamungaki Sempijja (who personally mentored greats likes AIGP Andrew Felix Kaweesi) served as Masaka LC5 Chairman before moving on to become Kalungu East MP for two terms (2011-2021).In 2021, he was dethroned by NUP’s Francis Katongole Katabazi who rode on the
Mobile money has become one of the biggest sources of borrowing in Uganda, with millions of people now relying on their phones for quick loans instead of traditional banks.In 2025 alone, Ugandans borrowed at least Shs2.75 trillion through mobile money platforms, highlighting how digital le
The collapse of a four-storey building in Mbale city that killed one person and injured several others has exposed deep cracks in construction oversight, with engineers, leaders, and residents raising concerns over widespread non-compliance with building standards.Across Mbale’s suburbs,
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional competitor.Pearl Bank’s profits rose 34 percent to Shs47.3 billion in 2025.Minister Evelyn Anite urged the bank to
Ugandan woman has sparked stunned social media this weekend, revealing that money left to her by her late grandfather turned out to be a stash of old banknotes that are no longer in circulation.The woman, who identifies herself as “La Trophy” on TikTok, shared her experience in a video
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of the lender for over a decade, prepares to step up and steer the wider Centenary Group. The planned handover, still uncon
President Museveni on Friday questioned the relevance of some university courses to Uganda’s labour market, urging young people to rethink career paths and pivot toward practical skills and job creation.Speaking during Labour Day celebrations in Buikwe District, Museveni criticized what
