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...
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CORRUPTION AS USUAL: Questions Raised Over Speaker Anita Among’s Alleged Ugx 500 Million Salary and Expanding Power in Parliament.
Debate is intensifying within Uganda’s political circles over the growing influence of the Speaker of Parliament, Anita Among, as discussions about the future lead...
MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been tol...
Gov’t Launches Nationwide Consultations Before Relaunch of Electronic Penalty System
KAMPALA — The government has begun fresh consultations with transport sector stakeholders ahead of the planned relaunch of Uganda’s Electronic Penalty Syste...
Video: Senior Lawyer Muwema evicted from Kololo office over Shs1.4 billion Rent arrears
Senior lawyer Muwema was evicted from his office early Friday morningSenior city lawyer Fred Muwema was on Friday morning evicted from his law firm offices in Kololo afte...
South Africa Bond Rally Builds Ahead of February 25 Budget
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could re...
Bank of Uganda maintains the central bank rate
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today...
Mukono to cover drainages to address open drain risks
Mukono, Uganda | THE INDEPENDENT | Mukono Municipal Council has agreed to cover open drainage channels along sections of the Nasuti–Nakabago–Ntawo and Bajo�...
Kabalega International Airport 97% Complete as UCAA Board Inspects Works in Hoima
The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reache...
Finance Trust Bank to surrender commercial license for Tier II status
Finance Trust Bank has applied to surrender its Tier I commercial license in favor of Tier II status effective April 1. The move follows a Bank of Uganda notice as the le...