URA Telecom Tax Collections Rise 79% to Shs1.59 Tn on Digital Monitoring
KAMPALA — Uganda’s tax collections from telecom services have risen 79% to Shs1.59 trillion over five years as the Uganda Revenue Authority (URA) increasingly uses di...
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Court orders Magara to refund $135,000 lost in D9 Ponzi scheme
FILE Smart Protus Magara on the planeThe Civil Division of the High court has ordered Smart Protus Magara to refund more than $135,000 (about Shs 500 million) to two Tanz...
Auditor General Pins IRA Boss Kaddunabbi Over UGX 181M Irregular Payments, Questionable Hiring
special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lub...
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...
Over 7,000 illegal gaming machines worth Shs8.8 billion seized across Uganda
Kampala, Uganda | THE INDEPENDENT | More than 7,000 illegal gaming machines worth Shs8.8 billion have been seized across Uganda over the past five years in operations aim...
Auditor General Flags Billions Lost in Uganda’s Cost-Cutting RAPEX
The government’s flagship cost-cutting reform, the Rationalisation of Government Agencies and Public Expenditure (RAPEX), has cost taxpayers tens of billions of sh...
Standard Chartered boss throws in the towel as bank struggles deepen in Uganda and Kenya
The cracks inside Standard Chartered Bank are no longer whispers — they are now headline news.As the British banking giant retreats from struggling markets, its to...
MTN Uganda Set to Increase Dividend Payouts for Investors
(Kampala) – MTN Uganda has recommended an increase in its second interim dividend to shareholders following a significant rise in net profit for the third quarter...
African music platform to pay $1m in royalties
A leading African music platform has announced that it is now prioritising hyperlocal markets to enhance the reach and impact of both its artistes and advertisers, focusi...
Our returns are in their own orbit, says NSS boss
As I get my 20 minutes in, the door swings open, and in walks Patrick Ayota with a fascinating blend of fluster and composure, wrapped in a chic black suit that somehow m...