Business •
08 Apr '26
The courtroom settled into a tense quiet last week as Molly Katanga returned to the dock, her presence now familiar but no less scrutinised.Flanked by prison officers, she took her place for what would become one of the most probing sessions of the trial so far: cross-examination. This tim
Business •
07 Apr '26
Uganda’s opposition has tabled an alternative Shs71.4 trillion budget, warning that rising debt obligations and rigid expenditures are squeezing service delivery, while drawing parallels with last year’s fiscal plan that faced similar criticism over debt sustainability and limited fiscal spac
Business •
07 Apr '26
As Uganda approaches the swearing of the presidency, new parliament and the subsequent formation of a new cabinet, an important national conversation is beginning to take shape; what kind of leadership does the country need for the next phase of its development?This is not merely a politic
Business •
06 Apr '26
Activists show support to raising PAYE threshold but call for even a higher level of UGX 600,000.Kampala, Uganda | URN | The business community, economists and civil society have hailed Government on the proposed tax measures for 2026/2027, but say some are detrimental.According to
Business •
05 Apr '26
Pakistan agrees to repay $3.5 billion to UAE after Abu Dhabi demands immediate return of debtNew Delhi/Islamabad, April 4 Facing mounting pressure, Pakistan has agreed to fully repay approximately “USD 3.5 billion” in deposits and loans to the United Arab Emirates (UAE) by the end of A
Business •
03 Apr '26
The request was presented to Parliament’s ICT Committee by the Ministry of ICT and National Guidance during the FY 2026/27 ministerial policy statement meeting on Thursday.Uganda Broadcasting Corporation (UBC) is seeking Shs 32 billion to cover the costs of broadcasting the upcoming Afri
Business •
02 Apr '26
Bukusu Constructors, the distributor of Coca-Cola products in Manafwa district, has been ordered to pay the beverage giant Shs 412 million for breach of contract.Their relationship started on September 30, 2023, when Coca-Cola appointed Bukusu Constructors as its official distributor in Ma
Business •
02 Apr '26
The Commercial Division of the High Court has ordered Jie County MP, Lokii Peter Abrahams, to pay businessman and money lender Amit Jain nearly 5 billion Shillings for failure to repay a loan taken in 2012.Justice Steven Mubiru ruled that Lokii defaulted on a 265 million Shillings loan, wh
Business •
02 Apr '26
Molly Katanga (C) in courtFor the first time since her husband’s death nearly two years ago, Molly Katanga stood in a courtroom and told her side of the story.Appearing in person before the High court last Thursday, after months of following proceedings via video link from Luzira
Business •
30 Mar '26
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit