Housing Finance Bank’s net profit up 20% to Shs 85.4 billion
Housing Finance Bank posted a net profit of Shs 85.4 billion for the year ended December 31, 2025, marking a 20 per cent increase from Shs 71.1 billion recorded in 2024...
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Gender Ministry Officials Accused of Sharing 30 Acres of Land as Ministries Frustrate M7’s Kampiringisa Fertilizers Project-80BN PROJECT AT STAKE!
In his 12th October 2023 letter, President Museveni introduced Intracom company owned by a Burundian billionaire and directed the Prime Minister Robinah Nabbanja to help...
Museveni Commissions New UGX1.1 Trillion Cement Plant In Moroto, Warns URA off Taxes
Uganda’s heavy reliance on imported clinker—costing the country hundreds of millions of dollars annually—has long strained the economy and limited the growth of loc...
High Court Halts Uganda Music Promoters SACCO Operations Over Fraud Dispute
The High Court in Kampala has temporarily stopped the Uganda Music Promoters Savings and Credit Cooperative Society Limited (SACCO) from operating, following a dispute ov...
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...
Uganda Launches National Internet Exchange to Cut Costs and Improve Connectivity
Uganda has unveiled a national internet exchange platform designed to keep local data traffic within its borders, a move expected to lower bandwidth costs, improve speeds...
Uganda Alcohol Policy Alliance backs proposed tax rise on spirits
The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic con...
Uganda converts Shs7.78t central bank advance into long-term debt as borrowing pressures rise
Government has quietly converted a Shs7.78 trillion temporary advance from the Bank of Uganda into long term public debt, a move that will see taxpayers commit to years o...
Ministries warn of service delivery crisis over budget shortfalls
Government officials who attendef the National Performance Review Conference at MunyonyoSector ministries have raised concern over inadequate budget funding, warning that...
Uganda to Launch First National IP Peering Exchange to Boost Local Internet Performance
AhimbisibweKampala, Uganda – The National Information Technology Authority–Uganda (NITA-U), in partnership with the Ministry of ICT and National Guidance, has announc...