Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration, and attracting investment, following a report presented by Mbale Industrial Division MP Karim Masaba.The House approve
Jinja Resident City Commissioner (RCC) Richard Gulume Balyainho has urged sugarcane dealers and transporters in the Busoga sub-region to urgently replace their ageing fleet with modern trucks.Speaking on Friday during the launch of the new Sinotruk 4-ton box body truck in Jinja, the RCC wa
TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering accessible, efficient, and people-centered banking services across Eastern Uganda.The new branch forms part of DTB’s broade
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
Security minister Maj Gen (Rtd) Jim Muhwezi’s wife Susan Muhwezi Kabonero has landed a new juicy job. Susan Muhwezi has been appointed a Board Member of the Private Sector Foundation (PSFU) representing the tourism and hospitality sector.Uganda’s apex body for the private sector, the P
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
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga
2025 has been of both challenges and opportunities. We’ve continued to deepen access to our services and extend financial inclusion to the underserved. By the end of this year, we’re looking at over 14.5 million individual users, which is a significant jump from 13.8 million in 2024. Our targ
Lawyer Steven Kalali addressing the mediaA Ugandan lawyer, Steven Kalali, has petitioned the East African Court of Justice (EACJ) over a new Tanzanian law that restricts non-citizens, including East African Community (EAC) nationals, from engaging in spec
The Association of Chartered Certified Accountants (ACCA) Uganda and Deloitte Uganda have launched the 9th edition of the Chief Financial Officer (CFO) Awards.Organised under the theme, “CFO Vision: Creating Impact and Legacy,” the 2025 awards will spotlight finance leaders who are not
