Search Results

All Cash Withdrawals Now to be Taxed:

All Cash Withdrawals Now to be Taxed:

Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and financial inclusion. The proposed tax may reshape behavior, but its success will depend on whether citizens trust, access, and ult

Ultimate Uganda

Justice Dies in Darkness” — Ssenyonyi Blasts Court Media Ban

Justice Dies in Darkness” — Ssenyonyi Blasts Court Media Ban

There was commotion at Kawempe Chief Magistrate’s Court after the media was barred from using cameras and mobile phones during proceedings involving 21 supporters of the National Unity Platform (NUP).The group includes NUP Deputy Spokesperson Alex Waiswa Mufumbiro, Edward Ssebufu, also k

Ultimate Uganda

Airtel dismissed him for mobile money fraud. He won Shs 254 million in court

Airtel dismissed him for mobile money fraud. He won Shs 254 million in court

Peter Katongole worked for Airtel Uganda for 13 years, during which time he rose to the position of Revenue Assurance and Fraud Manager.In early 2020, Airtel began investigating suspected fraud in its mobile money commission system.In February 2020, Airtel’s Revenue Assurance Cent

Ultimate Uganda

MTN Gets Relief in Shs169.9 Bn Tax Case

MTN Gets Relief in Shs169.9 Bn Tax Case

MTN Uganda has secured a major reprieve in its tax dispute with the Uganda Revenue Authority (URA), after the Tax Appeals Tribunal ruled that the company may not be required to immediately pay part of a contested Shs169.9 billion tax bill linked to mobile money transactions.The dispute ste

Ultimate Uganda

URA Raises PAYE Tax-Free Threshold to Shs335,000 From Shs235,000

URA Raises PAYE Tax-Free Threshold to Shs335,000 From Shs235,000

KAMPALA: Uganda is planning sweeping changes to its personal income tax system to ease pressure on low-income earners, even as it rolls out new tax measures to recover at least 49 billion Ugandan shillings in additional revenue, according to official proposals for the 2026/27 financial year seen

Ultimate Uganda

Asan Kasingye Raises Concerns Over Rapid Data Depletion by MTN Uganda

Asan Kasingye Raises Concerns Over Rapid Data Depletion by MTN Uganda

Retired Assistant Inspector General of Police, Asan Kasingye, has raised concerns over the rapid depletion of a mobile data bundle, prompting responses from both the telecom provider and the public.In a post shared on X (formerly Twitter), Kasingye stated that a UGX 10,000 “Gaga weekdays

Ultimate Uganda

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

How Mobile Money Taxes Are Squeezing Life Ouf of Small Businesses

Rising mobile money transaction and withdrawal charges are increasingly eating into the profits of small businesses in Uganda, with traders and MSMEs warning that the high cost of digital transactions could slow the country’s push toward a digital economy.Mobile money has revolutionized

Ultimate Uganda

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist

The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transnational. The arrests may mark a breakthrough in the Equity Bank Rwanda probe, but they also expose a deeper reality: in a digita

Ultimate Uganda

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

UGX 4.5 Million Mobile Money Dispute Puts MTN Uganda Under Scrutiny

Kampala resident, Matsiko Brian, is locked in a frustrating battle with telecom companies after a mobile money transaction worth UGX 4.5 million allegedly disappeared from the system despite a court order directing its recovery.Matsiko Brian, a resident of Mengo, says he has spent weeks pu

Ultimate Uganda

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Mbarara Traders Cry Blood as City Crackdown Leaves Thousands Homeless, Goods Seized in Ruthless Town Clean-Up

Tears, anger and desperation have engulfed the streets of Mbarara after a sweeping city council operation to restore “order” turned into a full-blown eviction storm, leaving thousands of street vendors, kiosk owners and small traders counting heavy losses and staring at an uncertain future.

Ultimate Uganda