Government Sets Shs40 Trillion Tax Target for URA in FY 2026/27
The government has raised the bar for the Uganda Revenue Authority (URA), tasking it to collect over Shs40 trillion in taxes to bankroll the Shs69.399 trillion national budget for the 2026/27 financial year—leaving the country to plug the remaining gap through borrowing. Finance State Minister Henry Musasizi said domestic revenue
Safeguarding Our Democracy in the Age of Artificial Intelligence
By Dr. Aminah Zawedde As Uganda approaches another electoral season, the country is also navigating a defining moment in our digital journey. Artificial Intelligence (AI) is no longer a distant concept reserved for experts and laboratories. It is here, shaping how we communicate, learn, organise, and participate in civic life.
TDB at 40: Ggoobi Credits Bank’s Evolution for Driving Regional Development
The Trade and Development Bank Group (TDB Group) has marked 40 years of operations with renewed praise from government and financial sector leaders, who credit the institution’s transformation for its growing role in financing trade, regional integration, and sustainable development across Africa. Speaking at a high-level anniversary reception in Kampala,
UEDCL Upgrades Kampala South Substation, Boosting Capacity to 34MW
Thousands of households and businesses along Entebbe Road are expected to experience improved electricity reliability following the upgrade of the Kampala South Substation from 20 megawatts to 34 megawatts by the Uganda Electricity Distribution Company Limited (UEDCL). The upgrade, recently commissioned, involved the installation of a new 10/14 MVA, 33/11
CAIA–Uganda, WNETF Lead Fight Against Illicit Alcohol in West Nile
The Coalition Against Illicit Alcohol Uganda Chapter (CAIA–Uganda), together with the West Nile Education Trust Fund (WNETF), has called for a united fight against the consumption of illicit alcohol. The call was made during a community marathon held yesterday in Arua. The marathon aimed to promote healthy lifestyle choices among
Court Orders Shumuk to Pay Shs14bn Over Illegal Occupation of Katatumba Property
A long-running property dispute in Kampala has taken another decisive turn after the High Court Commercial Division ruled that businessman Mukesh Shukla, also known as Shumuk, and three of his companies unlawfully occupied part of Shumuk House, formerly Katatumba Suites. In its decision, the court ordered Shukla to pay about
Gov’t Courts New Alcohol Brands to Strengthen Economy and Jobs
Uganda has intensified efforts to attract foreign direct investment in manufacturing, with the Minister of State for Investment and Privatisation, Evelyn Anite, calling on global alcohol brands to establish production facilities in the country. Speaking at the launch of Offshore Vodka from Australia, Vodka Cruisers from New Zealand, and Tequila
World Bank Flags Uganda’s Rising Fiscal Pressures Amid Economic Growth
Uganda’s economic growth remains strong, with real gross domestic product (GDP) rising to 6.3 percent in FY2024/2025, up from 6.1 percent the previous year. A new World Bank report attributes this performance to a recovery in household consumption, accelerated government spending, and continued investment growth. The 26th edition of the
Inside Starlink Satellite Direct-to-Phone Internet
Earlier this year, SpaceX entered into a purchase agreement with EchoStar for 50 MHz of exclusive S-band spectrum in the U.S., along with global Mobile Satellite Service (MSS) spectrum licenses. This agreement enables the company to develop and deploy its next-generation Starlink Direct-to-Cell constellation, capable of providing broadband service directly
UDB Graduates 32 SMEs in Mbarara, Equipping Entrepreneurs with Investor-Ready Skills
Uganda Development Bank Ltd (UDB) has graduated a new cohort of Small and Medium Enterprises (SMEs) in Mbarara District through its Enterprise Development Program (EDP), providing them with the skills and knowledge necessary to become investor-ready. Through business advisory services, UDB prepares and positions both startups and established businesses to
