Parliament is expressing serious concerns about the Uganda Civil Aviation Authority (UCAA)’s reputation following the termination of 82 staff members for inadequate academic qualifications. Members of Parliament (MPs) have since warned that revelations of underqualified staff could severely damage Uganda’s…
As Uganda readies itself for the monumental shift in its power distribution sector, the clock is ticking toward April 1, 2025, when Umeme’s long-standing monopoly will come to an end. The transition of power distribution to the Uganda Electricity Distribution…
To streamline Uganda’s mortgage financing sector, the Central Bank has tabled before Parliament a Bill that seeks to protect borrowers’ properties from being attached. The Mortgage Refinancing Institutions Bill 2025, which was tabled before the Parliament last week, states that…
The Bank of Uganda (BOU) is set to introduce sweeping changes to Uganda’s mortgage finance sector with the upcoming Mortgage Refinance Institutions Bill, 2025. Once passed into law, this bill will empower the BOU to regulate mortgage refinancing institutions, including…
The exemptions, granted under Section 40(1) of the Tax Procedures Code Act, 2014 were based on financial hardships and the strategic importance of the entities to economic development Parliament has approved tax waivers of over Shs9.5 billion for selected local…
The Isimba Dam, a Shs2.2 trillion (USD 570 million) project commissioned by President Yoweri Kaguta Museveni in 2019, is on the verge of collapse due to severe damage. This dire situation has prompted Members of Parliament to call for the…
By Isaac Tugume Uganda is grappling with a deadly enemy—counterfeit products—and Speaker of Parliament Rt. Hon. Anita Among is calling for immediate action. Counterfeit goods are flooding the market, posing grave threats to both the economy and the lives of…
Uganda Breweries Managing Director Andrew Kilonzo said the expected increase in government revenue will not materialize as the 20% tax increase on both locally manufactured and imported spirits will make the products unaffordable to consumers thus resulting in reduced volume…