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March 27, 2026
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    Financial Year

    URA racks up UGX 15 trillion tax revenues from 4.8 million Taxpayers in first half of new Financial Year

    Paul MurungiThe Big StoryJanuary 8, 2025January 8, 2025

    Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of…

    Ugandan Banks harvest UGX 1.4 trillion in net profits as assets grow to UGX 53 trillion- Bank of Uganda data

    Paul MurungiThe Big StoryNovember 14, 2024November 14, 2024

    Latest data from Bank of Uganda (BOU) shows Ugandan banks and other supervised financial institutions, remain profitable and adequately capitalised following a surge in net-after-tax profit to UGX 1.4 trillion…

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    Latest Stories

    • OPINION: It’s Not Just More Work—Boardroom Leadership Has Become a Different Kind of Job
      by Guest Writer
      March 27, 2026
    • Ramathan Ggoobi is steering Uganda toward a new fiscal era, pairing fresh taxes with aggressive enforcement to raise nearly UGX 4.8 trillion. His strategy signals a shift from policy to compliance, betting that smarter collection, not just higher taxes, will unlock revenue and reshape how the country funds its development ambitions.
      Inside Ramathan Ggoobi’s Plan to Raise UGX 2.3 Trillion in New Taxes and UGX 2.54 Trillion Through Enforcement
      by Jeff Winters
      March 26, 2026
    • UNOC Calls for Stronger QHSSE Standards as Sector advances to Oil Production
      by Brian Emorut
      March 26, 2026
    • MTN secures a procedural victory as the Tax Appeals Tribunal halts URA’s objection, allowing the telecom giant to challenge a UGX 169.9 billion tax dispute without upfront payment.
      Tax Appeals Tribunal Halts URA’s Objection to Non-Payment of 30% of Disputed UGX 169.9b by MTN Over Due Process Failures
      by Muhereza Kyamutetera
      March 26, 2026
    • Diageo’s planned exit from EABL will also ripple into Uganda, where the group operates through Uganda Breweries Limited, underscoring the regional stakes of a deal that spans key alcohol markets across East Africa.
      Diageo Says Kenyan Distributor Weaponising Case to Frustrate its Exit From EABL
      by Jeff Winters
      March 26, 2026
    • How Digital Empowerment is Shaping the Future of Ugandan Women 
      by Paul Murungi
      March 25, 2026
    • Airtel Africa Completes Starlink Internet Trials in Kenya as Uganda Maps Rollout Framework
      by Paul Murungi
      March 25, 2026
    • OPINION: This Is Why The Ruparelia Foundation & Partners Are Investing UGX1.7 bn in the Bukedea Eye-camp
      by CEO East Africa Magazine
      March 25, 2026
    • MTN and Stanbic: A Comparative Look at Two Market Leaders
      by Muhereza Kyamutetera
      March 25, 2026
    • Tax Justice, Trust & Nation-Building: A Conversation with Tax Appeals Tribunal’s Crystal Kabajwara
      by Muhereza Kyamutetera
      March 25, 2026

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