Citibank to raise €2.7bn for Standard Gauge Railway
KAMPALA — Uganda has appointed Citibank to mobilise financing for its planned €2.7 billion Standard Gauge Railway (SGR) linking Malaba on the Kenya border to Kampala, in a renewed push…
Kenya jails Chinese for attempting to smuggle ants
NAIROBI, Kenya — A Kenyan court has sentenced a Chinese national to one year in prison and imposed a fine after he was found guilty of attempting to smuggle thousands…
Uganda injects Shs905bn into AFCON preparations
Government has prioritised Uganda’s bid to co-host the African Cup of Nations (AFCON) 2027, committing Shs905 billion in the 2026/2027 financial year budget, the Minister of State for Education and…
Manufacturers, traders ask gov’t to stay tax increases
The Kampala City Traders Association has warned that proposed tax amendments for the 2026/27 financial year could increase the cost of doing business, constrain cash flow and push more enterprises…
Accountants’ body opposes taxation at disposal of non-business assets
The Institute of Certified Public Accountants of Uganda has recommended that parliament delete clauses in the proposed Income Tax (Amendment) Bill 2026 that would tax income from the disposal of…
