Business
Gov’t suspends trade order enforcement
PARLIAMENT – Government has suspended the trade order across the country after public outcry and lawmakers, the Minister of State for Trade, Cooperatives and Industry (Industry), Hon. David Bahati has said.Bahati made the revelation during the plenary sitting on Friday, 24 April 2026 following concerns raised by Members of Parliament (MPs).In February this year, Kampala […]
Uganda’s fuel supply stable says government
KAMPALA – By Our reporterUganda’s fuel supply remains “stable, sufficient, and well-managed,” the Ministry of Energy and Uganda National Oil Company said in an update issued after routine monitoring of national stocks and supply chains.The assurance comes as pump-level shortages have cropped up at select stations and prices have climbed in border towns, prompting public […]
Bank of Uganda launch gold purchase program
By Our reporter KAMPALA – The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from dollars and euros to bullion.In an April 20, 2026 notice, the Central Bank said it had launched a three-year […]
Mivumba hit with 30 percent tax increase
CAPTION: A trader sells second hand cloths in Kampala recently. (File photo.) KAMPALA – Parliament has considered and approved a raft of bills introducing or increasing taxes on various goods intended to raise revenue to fund government activities in the new financial year. The bills including the Value Added Tax (Amendment) Bill, 2026; the […]
President Museveni reassures investors
CAPTION: Head of State House Investors Protection Unit (SHIPU), Col. Edith Nakalema (R) listens to the Danish head of delegation Mr. Jacob Kahl Jepsen (C) of Green Economy, Trade and Climate, at the Embassy of Denmark on Tuesday April, 21st 2026. (Photo by PPU/Tony Rujuta). By Stephen Wandera Ouma KAMPALA – President Yoweri Kaguta […]
Tanzania gets U$500 million World Bank cash
Funding targets skills development, jobs, and support for vulnerable householdsPrograms expected to benefit over 3 million peopleThe World Bank said on Tuesday, March 31st 2026, it had approved $550 million in financing for two new education and social protection programs in Tanzania.The funding will support the second phase of the Education and Skills for Productive […]
World Bank to finance SGR project
CAPTION: Standard Gauge Railway, Project Coordinator Canon Eng. Perez Wamburu, (C) led a mission team from African Development Bank (AfDB) to a tour of the SGR Malaba- Kampala route. In the background are works on the labour camps, sleeper factory and other facilities. (Photo by Stephen Wandera Ouma). By Stephen Wandera OumaKAMPALA – The World Bank […]
Fufa Sacco declares Shs200 million profit
By Our reporterThe 4th FUFA SACCO Annual General Assembly was successfully held at the FUFA Stadium, Kadiba, on 31st March 2026, bringing together members to review progress and discuss the future of the SACCO.The meeting was chaired by Executive Committee Chairperson Ariga Rasoul, alongside Vice Chairperson Ronnie Kalema, who guided proceedings and key deliberations during […]
Government tables new tax bills
CAPTION: A trader selling second-hand clothes in Owino Market in Kampala recently. (File photo). By Our reporterPARLIAMENT – The government has tabled new tax Bills, with a 30 per cent environmental levy on imported secondhand clothes.The Bills were tabled by the Minister of State for Finance, Planning and Economic Development (General Duties), Hon. Henry Musasizi during […]