MTN, Airtel Ask Gov’t to Reduce Mobile Money Withdrawal Charges
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...
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Breaking: Museveni Blocks Speaker Among, PM Nabbanja From Addressing MPs At Kyankwanzi Retreat, Fuels Speakership Race Speculation!
Breaking: Museveni Blocks Speaker Among, PM Nabbanja From Addressing MPs At Kyankwanzi Retreat, Fuels Speakership Race Speculation!Seated With President Is Jonam County M...
Gov’t Refuses to Reduce Tax on Mobile Money
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 d...
Court Rules in Favor of URA Against ATC Uganda
URA's Commissioner for Legal Services and Board Affairs, Mrs. Catherine Donovan KyokundaThe Court of Appeal has upheld URA’s withholding tax assessment of UGX 24,232,55...
Man vanishes with Shs 3 billion from Kampala traders Sacco
The SACCO administrators led by one Hassan Muhoozi are said to have withhold savings from traders before going into hidingPolice have launched a manhunt for leaders of Ka...
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...
Mobile money taxes reversing digital financial inclusion in Uganda
Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts proce...
Quality Chemical Declares Shs6 Interim Dividend After Recovering Zambia Receivable
Quality Chemical Industries Limited (QCIL) has announced an interim dividend for the financial year ending March 31, 2026, after successfully recovering a long-outstandin...
Ugandan banks approve UGX1.93 trillion in loans as personal credit leads
A customer receives a step-by-step guide on using the Wendi mobile wallet, empowering them to seamlessly send and receive international money transfersKAMPALA, Uganda —...
Parliament SACCO struggles to release savings of 34 deceased MPs over widow wrangles
The late Kawempe South MP Muhammad Ssegirinya’s case is the most complicated.The Uganda Parliamentary Savings and Credit Cooperative Organisation (SACCO) is withholding...