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Minister Bahati tasks banks to lower interest rates for manufacturers

State Minister for Trade, Industry, and Cooperatives David Bahati has appealed to commercial banks to reduce interest rates and facilitate affordable financing for Uganda’s...

Museveni clears the implementation of EFRIS

President Yoweri Museveni has cleared the implementation of Electronic Fiscal Receipting and Invoicing Solution (EFRIS). Museveni said this while meeting city traders under the umbrella...

Bujagali Energy ltd tax waiver extended amidst Auditor General warning

Parliament has passed the Income Tax Amendment Bill 2024, further extending Bujagali Energy Limited tax waiver for another year, despite warning by Auditor General,...

Regional states agree to boost Standard Gauge Railway development through shared funding

The Northern Corridor Integration Projects (NCIP) partner states, comprising Kenya, Uganda, Rwanda, and the Democratic Republic of Congo, have agreed to jointly mobilize funds...

Parliament approves Shs578b for Magoola’s DEI BioPharma

Parliament has approved a supplementary expenditure budget worth Shs578.4 billion for settling the off-take arrangement between government and DEI Pharmaceuticals, wage and pension and...

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