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...
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Thrones wobble?
The once-seemingly impenetrable fortress surrounding Speaker Anita Among is showing its first visible cracks. The first signs emerged months ago when Norbert Mao, the Min...
Nicholas Mukasa Appointed Bank of Namibia Deputy Governor
Nicholas Mukasa, the newly appointed Deputy Governor of Bank of NamibiaThe Bank of Namibia has announced the appointment of Mr Nicholas Mukasa as Deputy Governor, marking...
Equity Bank Uganda Ordered to Pay Millions to Indian Company Over Mukwano’s Documents Shipping Deal
The Commercial Division of the High Court has ordered Equity Bank Uganda to pay millions to Indian Company over Mukwano’s documents shipping deal.On or around Sept...
All Cash Withdrawals Now to be Taxed:
Even as Uganda pushes toward digital transformation, its deep-rooted reliance on cash presents a complex policy challenge, balancing revenue generation, fairness, and fin...
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...
Tax Push Sparks Backlash as Experts Warn Shs4.8tn Drive Could Stifle Growth
Economists and tax experts warn that government’s plan to raise Shs4.8 trillion through new taxes, including a fuel levy, could increase inflation, slow constructi...
6 Ugandans Arrested in Connection to USD 3.4 Mn Equity Bank Rwanda Digital Heist
The cross-border heist signifies a new frontier in the evolving nature of financial crime, where digital fraud is increasingly sophisticated, fast-moving and now, transna...
Breaking Sad News! Tooro Crown Prince Kiijanangoma Battling Stage 3 Throat Cancer, Appeals To Public For Shs500M For Treatment In India!
Fort Portal: It’s sad news but we have no choice but to say it as it is. Tooro Kingdom Crown Prince David Kiijanangoma Araali is critically ill, battling stage thr...
Toto Wolff and Rory McIlroy's £450m investment after Man Utd talks with Sir Jim Ratcliffe
Mercedes Formula 1 boss Toto Wolff held talks with Sir Jim Ratcliffe about potentially taking part in a Manchester United takeover alongside the billionaire back in 2023...