Business •
02 Apr '26
Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on imported spirits and building materials.Minister of State for Finance, Henry Musasizi, presented the bill in Parliament
Business •
02 Apr '26
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
Business •
01 Apr '26
In a dramatic turn of events, U.S. President Donald Trump reportedly chaired a high-level virtual meeting between President-elect Yoweri Museveni and opposition figure Robert Kyagulanyi Ssentamu, popularly known as Bobi Wine, in an attempt to resolve Uganda’s ongoing political tensions.T
Business •
01 Apr '26
A Ugandan MP has told Museveni to appoint Muhoozi vice president. Yoweri Kaguta Tibuhaburwa Museveni, aged 81 and Uganda’s ruler since 1986, is expected to unveil his 2026-2031 cabinet in coming months.Currently, Maj (rtd) Jessica Alupo is the vice president, having taken office in 2021
Business •
01 Apr '26
White House Press Secretary Karoline Leavitt said on Tuesday that some Iranian leaders were “no longer on planet Earth” because they had lied to the US and prolonged negotiations.White House Press Secretary Karoline Leavitt said on Tuesday that some Iranian leaders were “no longer on
Business •
30 Mar '26
The youngest son of the late Zimbabwean strongman Robert Mugabe is reportedly pulling out all the stops to avoid a lengthy stay in a South African prison. Bellarmine Mugabe, the 32-year-old socialite whose lifestyle has often landed him in the headlines for all the wrong reasons, has allegedly ta
Business •
30 Mar '26
Government’s plan to double taxes on used clothes signals renewed industrial ambition but risks squeezing low-income consumers and destabilising a fragile garments sector. With local production still insufficient, the policy revives old debates: can protection drive growth without first fixing
Business •
29 Mar '26
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
Business •
28 Mar '26
The government has unveiled a proposed UGX84.2 trillion national budget for the Financial Year 2026/2027, with projected domestic revenue of UGX44.5 trillion, as part of efforts to boost service delivery and economic growth.Speaking to journalists at Parliament on Friday, the State Ministe
Business •
28 Mar '26
After being despised and dismissed as crude, too local, aloof and unsophisticated, Kyotera-born politician Haruna Kasolo late last year proved sceptics wrong when he unexpectedly prevailed against a strong tide. He moved out to become the ruling NRM party vice chairman for Buganda region.H