Business •
24 May '26
NRM aspirants for Speaker and Deputy Speaker withdrew from the races, leaving Oboth Oboth and Tayebwa as the party’s consensus candidates.All National Resistance Movement (NRM) aspirants for Speaker and Deputy Speaker of Parliament have stepped down in favour of Jacob Oboth Oboth and Tho
Business •
15 May '26
Controversy has emerged over alleged large-scale cash withdrawals from the Parliamentary SACCO, following claims by lawyer Godwin Toko that Sh4.19 billion was accessed in a single day by individuals linked to the Speaker of Parliament.In a detailed statement, Toko alleged that on July 21 l
Business •
12 May '26
The murder trial of businesswoman Molly Katanga took a dramatic turn of events Monday after the State accused her of withdrawing more than Shs40 billion from a Euro account belonging to her deceased husband, businessman Henry Katanga, even while she admitted at International Hospital Kampala (IHK
Business •
21 Apr '26
Hajat Hadijah Namyalo, the head of the Office of the National Chairman (ONC) of the National Resistance Movement (NRM), has shared her bank records in self-defence after netizens questioned her sources of income following two major splurges she made recently.The boisterous NRM bigwig recen
Business •
18 Apr '26
PARLIAMENT – MTN Uganda and Airtel Uganda have urged the government to slash the excise duty on mobile money withdrawals from 0.5 percent to 0.25 percent and introduce a cap of Shs5,000 per transaction.The telecom giants made the appeal on Wednesday when their officials appeared before P
Business •
14 Apr '26
Ugandans using mobile money platforms will continue to contend with the 0.5 percent tax to withdraw cash, a tax that has been blamed for the high cost and low uptake of digital money.The Ministry of Finance, Planning and Economic Development, declined to include the proposal of halving the
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 •
30 Mar '26
Gabby Agbonlahor has expressed his apparent disdain for Arsenal besmirching the integrity of the game, but he actually doesn’t care about that.Arsenal can no longer do the Quadruple, but they still have a realistic chance of winning the treble this season via lifting the Premier League,
Business •
30 Mar '26
After Martin Zubimendi's withdrawal from the Spain squad, a total of 11 Arsenal players have now either pulled out of international duty or left their national teams' training camps ahead of the run-in. It's sparked a debate over the players' commitment to their countries and fuelled accusations
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