Parliament passes UGX 84.3 trillion budget for next financial year
Parliament today approved and passed the 84.3 trillion shilling budget for the 2026/27 financial year, aimed at consolidating the NRM government’s achievements and prom...
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“revenue”
Lugoloobi Breaks Ground for Shs500m Market to Resettle Vendors Affected by Kayunga Crackdown
Finance State Minister Amos Lugoloobi has launched the construction of a Shs500 million market in Kayunga Town aimed at resettling vendors affected by the recent demoliti...
Parliament passes Lotteries and Gaming Bill introducing 30% tax, targets Shs24b annual revenue
Parliament has passed the Lotteries and Gaming (Amendment) Bill, 2026, introducing a harmonised 30 percent tax on betting and gaming activities with a projection of an an...
Parliament Rejects Tax on ‘Kyeyo’ Earnings, Non-Business Asset Sales
KAMPALA, Uganda – Parliament has passed the Income Tax (Amendment) Bill, 2026, rejecting a government proposal to tax income earned and sent home by Ugandans living and...
Budget Revised to Shs84.39tn After Last-Minute Corrections
A Shs97 billion adjustment has reshaped Uganda’s FY 2026/27 budget, exposing planning errors and sparking sharp criticism from lawmakers over timing and transparency.Th...
BRAVO to President Museveni, Uganda is on track to start exporting refined petroleum
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF...
Why MPs approved 30% tax on second-hand clothes: How you'll be affected
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 industrie...
Balancing Sovereignty and Openness: Regulating Foreign Influence without Stifling Growth
No man is an island, Entire of itself; Every man is a piece of the continent, A part of the main.”The European poet who wrote those words 400 years ago has become relev...
Winners, losers as MPs pass new taxes
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 t...
Withholding Tax Exemption Returns to Six Months: What It Means for Businesses
withholding tax exemption allows qualifying businesses to receive income without deductions at source, improve cash flow management, and reduce administrative burden rela...