If you have been following the exchange rate lately, you already know the story. The Uganda shilling has been under sustained pressure against the US dollar, and for ordinary Ugandans who are either receiving money from a relative abroad, running a small business, or simply trying to save, that d
KAMPALA, Uganda — Male public servants can now legally retire on marriage grounds with full benefits under Uganda’s newly enacted Public Service Pension Fund Act, a major legislative shift that expands the country’s recognized retirement pathways from five to 12.The provision dismant
For many Ugandans, it would seem natural to expect the President to be among the highest-paid public servants, given the immense responsibilities that come with leading the country, overseeing national security, directing government policy and representing Uganda on the international stage.
Over 280 tea nursery bed operators in Kanungu District have denied allegations that they were defrauded by their lawyers and association leadership. The farmers clarify that a 30 percent deduction from their recent Shs14.9 billion government payout was a voluntary contribution, not an illegal ext
Kakira Sugar and other factories petitioned the High courtFor many Ugandans, taxes rarely feel real when they are first announced in Parliament.They feel distant then. Technical. Wrapped in legal amendments and budget speeches. The impact usually becomes clearer later, at the fuel s
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transaction costs are undermining financial inclusion and hurting small businesses.Mobile money has become one of Uganda’s most
For years, Pay As You Earn (PAYE) has felt like one of those silent deductions you don’t question. You just look at your payslip, sigh a little, and move on.But this time, it is different.For more than 10 years, Uganda has kept PAYE largely tied to a reality that no longer exists.
Today’s economic hardship is real, with many Ugandans, especially teachers, feeling the pinch. The burden of debt is palpable, and it is affecting the quality of education. With salaries stretched thin, borrowing has become a survival tool. But the cycle of repayment pressure is taking a toll.
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
KAMPALA — A growing number of Ugandans are increasingly finding ways to bypass mobile money loan repayments, highlighting rising tensions between digital lenders and borrowers struggling with daily financial pressures.Reports indicate that many users are diverting transactions to alterna
