Trade Minister Sanjay Tanna roots for SMEs as drivers of economic growth
Mr Tanna said the Ministry of Trade is finalising several policy reforms to strengthen the MSME ecosystem, including the revision of the MSMEs Policy (2015), the Startup...
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Demolition of roadside businesses wipes out revenues, shatters dreams
The morning sun burns through the dusty roadside of Bulindo and Kitukutwe, falling on broken timber, bent iron sheets and torn tarpaulins scattered where small kiosks onc...
How new taxes will hit you
Kakira Sugar and other factories petitioned the High courtFor many Ugandans, taxes rarely feel real when they are first announced in Parliament.They feel distant then. Te...
Equity’s Best Year Ever: Profit Jumps 55%, Uganda Emerges Growth Star
Equity Group Holdings has posted the strongest financial performance in its history, reporting a record KSh75.5 billion (approximately UGX 2.15 trillion) profit after tax...
Experts Call for Reduction of Mobile Money Withdrawal Tax
Economists, researchers and small business operators are urging government to reduce the 0.5 percent excise duty on mobile money withdrawals, warning that high transactio...
Government rallies Pearl Bank to take on foreign banks after Shs47bn profit surge
State Minister for Investment and Privatisation Evelyn Anite said Pearl Bank now has the opportunity to expand beyond Uganda and position itself as a serious regional com...
Centenary Bank makes hushed leadership changes
Centenary Bank has pulled off a quiet boardroom coup, lining up long-serving executive Godfrey Byekwaso to take over as Managing Director while Fabian Kasi, the face of t...
Parliament passes VAT Amendment Bill as committee pushes tax relief for SMEs and investors
Parliament has passed the Value Added Tax Amendment Bill, 2026, adopting a series of reforms aimed at easing compliance for small businesses, improving tax administration...
Jinja RCC Urges Sugar Cane Dealers to Transition to New Trucks
Jinja Resident City Commissioner (RCC) Richard Gulume Balyainho has urged sugarcane dealers and transporters in the Busoga sub-region to urgently replace their ageing fle...
DTB opens new Tororo branch to strengthen banking access in eastern Uganda
TORORO— Diamond Trust Bank (DTB), a leading financial institution in Uganda, has officially opened its new Tororo Branch, reinforcing its commitment to delivering acces...