Business •
03 May '26
Uganda’s Ministry of Science, Technology and Innovation has announced plans to seek restriction of spare parts importation to allow the country's indigenous car making company, Kiira Motors expand its local market share.The ministry says it is set to seek Cabinet approval to restrict the
Business •
03 May '26
In the grand theatre of history, nations are not remembered for the eloquence of their lamentations, but for the audacity of their innovations. Civilizations rise not merely upon the abundance of natural resources beneath their soil, but upon the depth of scientific imagination cultivated within
Business •
01 May '26
In a policy message ahead of the celebrations, Col. (Rtd) Dr. John Francis Ongia, UDC’s Senior Liaison Officer, unveiled what he termed the “AKISONI Framework”—a phased strategy designed to align consumer needs with national industrial ambitions.Dr. Ongia said current public and po
Business •
30 Apr '26
President Yoweri Museveni has signed into law the National Drug and Health Products Authority Act, 2025, marking a major shift in Uganda’s fight against counterfeit medicines and unsafe health products.The new legislation replaces an outdated 1993 framework and establishes a powerful cen
Business •
27 Apr '26
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
Business •
26 Apr '26
President Museveni on Saturday became a referee, blowing the whistle for Karamoja to take off by commissioning the first factory of its kind in Karamoja.Karamoja, once a neglected region right from colonial rule, had no single factory, no tarmac road, no electricity, and its communication
Business •
25 Apr '26
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of local industry.Leaders say the country has been losing up to 85 percent of the value of cement production to external marke
Business •
24 Apr '26
The State Minister for Trade, David Bahati, has warned of government action against fuel dealers suspected of hoarding products and distorting prices amid rising pump costs.Rising pump prices and reported stock-outs have triggered government scrutiny of fuel dealers, with officials warning
Business •
23 Apr '26
Members of Parliament have approved a 30 percent levy on imported second-hand clothes as part of wider tax reforms aimed at raising revenue and supporting local industries.The tax was passed under the External Trade (Amendment) Bill, 2026 during a parliamentary sitting chaired by Speaker A
Business •
22 Apr '26
Effective July 1, all importers of secondhand clothes will have to pay an extra charge of 30 percent, up from the current 15 percent, should the President sign into law the External Trade Amendment Bill, 2026. Parliament yesterday passed the Bill that will see the prices of used clothes g