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    Electricity Charges to Remain Unchanged – ERA

    URNBanking & Financial ServicesJuly 14, 2020July 14, 2020

    Ugandans will not see the relief on the money they pay for electricity as Electricity Regulatory Authority (ERA), the industry regulator, has decided not to change the tariff for the…

    48 Arcades re-open in Kampala; Crane Management Services leads in observing SOPs

    URNThe Big StoryJuly 14, 2020July 16, 2020

    Close to 50 arcades have so far adapted to the Standard Operating Procedures set by the government as a precondition for their reopening.  The government had maintained lockdown restrictions on…

    IMF Advises Countries to Change Tax Systems amid COVID-19 Uncertainty

    URNBanking & Financial ServicesJuly 13, 2020July 13, 2020

    In the wake of the unprecedented COVID-19 crisis, tax systems should be reformed, and tax avoidance and evasion reduced, to ensure an economic recovery in which everyone pays their share,…

    Oil Roads Boosting Roadside Markets in Bunyoro

    URNBanking & Financial ServicesJuly 11, 2020July 11, 2020

    A number of roadside businesses are cropping up with the construction of the oil roads in the Albertine Graben.  The key roads under construction include Masindi-Kigumba-Hoima-Kabwoya (135 Km), Kyenjojo-Hoima-Masindi-Kigumba (238…

    World Bank Calls for Scrapping of OTT Tax

    URNBanking & Financial ServicesJuly 11, 2020July 11, 2020

    The World Bank has called for the scrapping of over-the-top tax-OTT. It argues that the move could boost access to coronavirus prevention messages for the vulnerable populations. This is the…

    USD100 million for 12 years: UCC extends MTN Uganda’s License

    URNThe Big StoryJuly 10, 2020July 11, 2020

    After fulfilling all requirements for the extension of the Second National Operator License Agreement, MTN Uganda has been granted an extension of 12 years by the Uganda Communications Commission (UCC),…

    Mutebile Warns Banks Against Refusing to Reduce Interest Rates on Loans

    URNBanking & Financial ServicesJuly 10, 2020July 10, 2020

    Bank of Uganda Governor Emmanuel Tumusiime-Mutebile has warned commercial banks that the central bank may be forced to impose limits on interest rates they can charge on loans. Mutebile, who…

    Sort Uganda-Kenya Milk Row, MPs Tell Gov’t

    URNBanking & Financial ServicesJuly 10, 2020July 10, 2020

    Members of Parliament have asked the government to comprehensively resolve the Uganda-Kenya impasse regarding milk exports. Although the Kenya- Uganda milk war came to light in 2010, after Kenya blocked…

    Uganda May Not Produce Oil Until 2025 – World Bank

    URNBanking & Financial ServicesJuly 9, 2020July 9, 2020

    Uganda’s dream to be an oil-producing country may not be realized until 2025, the World Bank has said. In its Economic Update report, the bank says “the sharp decline in…

    Cross-Border Informal Exports Fall 99% – Official Figures indicate

    URNBanking & Financial ServicesJuly 9, 2020July 9, 2020

    Small-scale traders operating around Ugandan borders have suffered one of the biggest tumbles with coronavirus bringing their operations to near zero, official figures show. The scale of the impact is…

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    • Proposed tax hike on second-hand clothes is likely to reignite debate, as government eyes revenue and industrial growth, sparking concerns over a possible spike in prices, worsened by weak local capacity, and potential disruption to Uganda’s garments sector.
      Tax on Used Clothes to Increase to 30%
      by Jeff Winters
      March 29, 2026
    • L–R: Nicholas Kabanda (IPPU CEO), Geoffrey Waiswa Sajjabi (NSSF Chief Commercial Officer), Isaac Kyaligonza (Commissioner, Procurement Policy – Ministry of Finance), Patrick Kagaba Amooti, and Pelly Mugasi (Emeritus Director Procurement, Bank of Uganda) during the IPPU Coffee Connect at Sheraton Hotel, Kampala, where leaders of the procurement fraternity called for stronger professional integrity, teamwork, and a renewed focus on financial literacy and early retirement planning.
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      by Muhereza Kyamutetera
      March 29, 2026
    • Government says the proposed excise duty on all cash withdrawals aims to boost revenue and fairness, as Uganda grapples with high cash usage and pushes toward a more transparent, digital financial system.
      All Cash Withdrawals Now to be Taxed
      by Jeff Winters
      March 29, 2026
    • MTN Group refreshes board with five new directors
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      Behind Every Step, A Child’s Story: Why Uganda Must Show Up for the 2026 Childhood Cancer Colour Run
      by Muhereza Kyamutetera
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      March 27, 2026
    • Government plans to reduce the vehicle import age limit to 13 years and increase environmental levies on older vehicles to cut emissions, save foreign exchange, and boost revenue in the 2026/27 financial year.
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    • She Chose Humanity: How Miriam Opwonya Laker-Oketta Is Redefining Leadership through Dignity and Compassion
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    • Under the new proposal, promoters will be required to deduct 6% and 15% withholding tax from payments to local and international artists, respectively, as government moves to tighten compliance in Uganda’s informal entertainment sector starting 2026/27.
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      by Jeff Winters
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