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Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

Tax net tightens: Why EFRIS, DTS, rental tax are closing in on every business

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

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Umeme Issues Profit Warning, Cites Losses from Concession Exit

Umeme Issues Profit Warning, Cites Losses from Concession Exit

KAMPALA | Umeme Limited has warned shareholders and investors to expect another year of financial losses, marking the second consecutive year the company will close its books in the red, following the termination of its electricity distribution concession in Uganda.In a public notice issue

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Makindye MP Nyeko Takes Swipe at Bobi Wine, Backs Ssegona’s Independent Bid in Busiro East

Makindye MP Nyeko Takes Swipe at Bobi Wine, Backs Ssegona’s Independent Bid in Busiro East

Kampala, Uganda – In a bold move that has ignited fresh tensions within the National Unity Platform (NUP), Makindye East MP Derrick Nyeko has publicly endorsed veteran legislator Medard Lubega Ssegona for the Busiro East parliamentary seat in the upcoming 2026 elections.Ssegona, a long-t

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ICPAU Releases December 2025 Examination Results

ICPAU Releases December 2025 Examination Results

Reader modeICPAU Releases December 2025 Examination Resultschimpreports.com17hICPAU 2025 results being released on Monday.The Institute of Certified Public Accountants of Uganda (ICPAU) on Monday released the results for the December 2025 examinations, marking t

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Museveni Denies Causing Traffic Jam Along Kampala–Masaka Road

Museveni Denies Causing Traffic Jam Along Kampala–Masaka Road

Mpigi — State House has dismissed claims that the severe traffic congestion experienced along the Kampala–Masaka Road earlier this week was caused by road closures linked to President Yoweri Museveni’s campaign activities in the Greater Mpigi area.Thousands of travelers returning to

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Ministry of Works official, Minister Katumba clash on Museveni, causing traffic jam

Ministry of Works official, Minister Katumba clash on Museveni, causing traffic jam

A disagreement has emerged within the Ministry of Works and Transport following severe traffic jam along the Kampala Masaka Highway, particularly in Mpigi with a senior road safety official questioning the official explanation issued by Works Minister, Edward Katumba Wamala.The traffic gri

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Works Minister Katumba dismisses claims linking Mpigi traffic jam to presidential movements

Works Minister Katumba dismisses claims linking Mpigi traffic jam to presidential movements

The Minister of Works and Transport, Gen. Edward Katumba Wamala, has dismissed claims that the severe traffic congestion along the Kampala–Masaka Highway, particularly in Mpigi, was caused by road closures to facilitate political activities of President Yoweri Kaguta Museveni.In a statem

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CNN’s Larry Madowo covers Bobi Wine campaign rally.

CNN’s Larry Madowo covers Bobi Wine campaign rally.

CNN’s international correspondent attended the National Unity Platform rally in Kampala, Lubaga Division as Robert Kyagulanyi aka Bobi Wine held his campaign rally ahead of Uganda’s 2026 general elections. CNN’s international correspondent was one of the journalists giving global m

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Uganda Chamber of Commerce Sues Uganda, Kenya and Tanzania Over Access to Indian Ocean

Uganda Chamber of Commerce Sues Uganda, Kenya and Tanzania Over Access to Indian Ocean

The Uganda Chamber of Commerce and Entrepreneurs’ League and Confederation (UCCEC) has dragged the Governments of Uganda, Kenya and Tanzania to the East African Court of Justice (EACJ) over what it describes as persistent violations of Uganda’s right of access to the Indian Ocean.The P

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$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

$300M in crypto longs liquidated in the past hour as Bitcoin falls to $97K

Rapid selloffs and high leverage expose traders to sudden losses as digital asset markets remain highly sensitive to volatility.$300 million in leveraged long crypto positions were liquidated in the last 60 minutes due to sudden market selloffs.Bitcoin’s price pulled back from nea

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