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March 29, 2026
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    Humphrey Nzeyi

    Bank of Uganda Was Right To Close National Bank of Commerce; Supreme Court Rules.

    Muhereza KyamuteteraBanking & Financial ServicesLegal & JusticeMay 17, 2025May 17, 2025

    The Supreme Court of Uganda has delivered a landmark ruling dismissing a constitutional appeal by Humphrey Nzeyi, a shareholder of the defunct National Bank of Commerce (NBC), challenging the legality…

    EU Envoy Jan Sadek, PSFU’s Nzeyi, and Ministers Kasaija, Nyamutoro, and Mwebesa Push for Deeper EU-Uganda Mineral and AgriTech Trade

    Muhereza KyamuteteraNews & AnalysisThe Big StoryFebruary 20, 2025February 20, 2025

    Uganda and the European Union (EU) have deepened their commitment to strengthening trade and investment ties, focusing on Agricultural Technology (AgriTech) and Sustainable Mining as key drivers for economic growth….

    dfcu Bank partners with PSFU to empower Uganda’s next generation of entrepreneurs

    Brian EmorutBusiness & MarketsCompany NewsNews & AnalysisDecember 13, 2024December 13, 2024

    dfcu Bank sponsored and participated in the highly anticipated PSFU NextGen Conference, a transformative platform aimed at equipping young Ugandan entrepreneurs with the tools, insights and networks they need to…

    Ugandan billionaire Dr. Sudhir Ruparelia to headline at 14th UK-Uganda Trade & Investment Summit

    Muhereza KyamuteteraCompany NewsNews & AnalysisThe Big StoryJuly 12, 2024July 12, 2024

    Billionaire Ugandan businessman, Dr. Sudhir Ruparelia who has made a USD1 billion fortune investing in Uganda since the 1980s, will be a keynote speaker at this year’s, 14th UK-Uganda Annual…

    UIA’s Rwakakamba and PSFU’s Nzeyi pitch to European investors, opportunities in tourism mining, agriculture and infrastructure, pharmaceuticals

    Muhereza KyamuteteraNews & AnalysisThe Big StoryMarch 9, 2024March 9, 2024

    Uganda is one of Africa’s competitive destinations for investment, with high returns on investment, Morrison Rwakakamba, the Chairperson of the Uganda Investment Authority (UIA) told European investors and other delegates…

    President Museveni to grace the 3rd Uganda-EU Business Forum

    CEO East Africa MagazineNews & AnalysisThe Big StoryFebruary 21, 2024February 21, 2024

    The European Union (EU) and Uganda are joining forces to host thecthird Uganda-EU Business Forum (UEUBF), a high-level summit facilitating structured collaboration between European and Ugandan private sector and public…

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    Latest Stories

    • 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.
      Living Longer, Saving Less: Experts Call on Procurement Professionals to Rethink Retirement Strategy
      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
      by Kisakye Imani
      March 29, 2026
    • Diamond Trust Bank Exits Burundi Market, Sells Subsidiary to Local Investors
      by Paul Murungi
      March 29, 2026
    • Some of the children supported by the Uganda Child Cancer Foundation pose in the 2026 Childhood Cancer Colour Run kit, embodying the resilience and hope driving this year’s campaign.
      Behind Every Step, A Child’s Story: Why Uganda Must Show Up for the 2026 Childhood Cancer Colour Run
      by Muhereza Kyamutetera
      March 28, 2026
    • Pearl Bank Donates Motorcycles to Help Church of Uganda Inspect Remote Schools
      by Paul Murungi
      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.
      Govt Moves to Ban Importation of Cars Older Than 13 Years
      by Jeff Winters
      March 27, 2026
    • She Chose Humanity: How Miriam Opwonya Laker-Oketta Is Redefining Leadership through Dignity and Compassion
      by Kisakye Imani
      March 27, 2026
    • 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.
      Promoters Will be Required to Withhold 6% or 15% on Payments Made to Artists in New Tax Measures
      by Jeff Winters
      March 27, 2026

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