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
The Justice Forum (JEEMA) has condemned the government’s proposed tax increases in the 2026 national budget, warning that higher levies on income, fuel, and essential goods will worsen living standards for ordinary Ugandans.JEEMA said the planned hikes in Pay As You Earn (PAYE), fuel exc
Business •
07 Apr '26
The announcement was made by the church’s senior pastor, Peter Kasirivu, during a special memorial service held on Easter Monday for the slain children. Ggaba Community Church has said it will demolish the old building that housed its Early Childhood Development Programme and turn the si
Business •
06 Apr '26
At the heart of Uganda’s Commercial Court sits a quiet crisis with far-reaching economic consequences: 623 unresolved banking cases locking up an estimated UGX 2 trillion in disputed value. For banks, this means capital tied down in provisioning and delayed recovery; for borrowers, businesses f
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 •
06 Apr '26
Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and consumer prices in the East African economy.In a statement issued late Friday, the regulator said petrol prices will rise
Business •
06 Apr '26
KAMPALA – The ruling National Resistance Movement (NRM) has extended an open invitation to opposition politicians to take part in its upcoming parliamentary retreat in Kyankwanzi, in a move the party says is aimed at fostering inclusive dialogue on national development.According to NRM S
Business •
05 Apr '26
Transport operators in Rukungiri District have raised concerns over the rising fuel prices, saying the situation is increasingly affecting their daily operations and livelihoods.The concern follows recent global tensions involving Iran, the United States, and Israel, which have contributed
Business •
05 Apr '26
The President of the Republic of Kenya has caused the arrest of three managers of primary duty bearers in charge of administering the Petrol Supply Chain for manipulating data on in-country stocks to create false impression of an impending fuel shortfall.According to a press release dated
Business •
05 Apr '26
This is the first official confirmation from the government that India is buying Iranian crude, following the sanctions waiver for Iranian oil on water announced by the US last month. (File Photo)Indian refiners are buying crude from Iran as part of their efforts to secure oil supplies ami