The digital solution, a joint initiative of the Ministry of Energy and Mineral Development (MEMD) and the Uganda National Bureau of Standards (UNBS), is aimed at helping apprehend non-compliant fuel stations that evade penalties through transfer of ownership to new players across the country.
Helen Asamo, the State Minister for Persons with Disabilities, appealed for inclusiveness when implementing the program so that sections of the community, especially Persons with Disabilities, who suffer even more bottlenecks than other women, are not left out.
This is designed to serve as a comprehensive hub for agricultural inputs, advisory services, agricultural mechanization, and financing for farmers and Savings and Credit Cooperative Organizations (SACCOs) in the Buganda region.
Chesney was also upbeat that on top of cargo movement especially of food exports, the connectivity by Uganda Airlines direct flights will boost travel and tourism between the two countries, making it easier for the prospective British travelers to visit Uganda.
Latest figures from UCAA show that the airport recorded 83,661 arriving and 94,722 departing passengers in March 2025, bringing the total to 178,383 international passengers for the month—an average of 5,754 passengers per day.
Trading activities on the Umeme counter were first suspended on Monday, March 31, 2025, following the expiry and non-renewal of its electricity supply, sale, and distribution concession by the government.
In Uganda, the Deposit Insurance Agencies provides insurance of up to 10 Million Shillings per account, equivalent to approximately 3,000 US Dollars. For those with larger deposits, the Bank of Uganda handles the excess. While there are concerns that the maximum protected deposits of 10 million are low and should be raised.
The term of office of the current board led by Priscilla Mirembe Serukka as Chairperson thus expired on March 31, 2025 after its full three years, causing anxiety amongst the employees.
Speaking at a CEO Conference organised by the Insurance Regulatory Authority (IRA), Nuwagaba gave the example of Kenya, where vehicle owners are allowed to pay in up to 12 installments for compressive insurance, unlike in Uganda where a lump sum is required.
Last month, the Ministry of Finance, Planning and Economic Development tabled before parliament seven tax bills aimed at introducing new measures for revenue mobilisation in the financial year 2025/2025, among the proposals, another tax exemption to Bujagali Hydropower Project until 2032, following a previous extension last year that is expiring on June 30 this year.
"And this figure was arrived at by benchmarking exercises in various countries where there are industrial parks that have been established, and the figure compares favorably with what is charged elsewhere," Baryomunsi said.
Presenting a joint statement to the media, Aloysius Kitengo, Program Coordinator, Financing for Development, SEATINI Uganda, called on the government to take bold steps in improving the governance of tax incentives. "Unjustified exemptions must be reviewed and rationalised to curb revenue loss and boost corporate income tax collections," he said.
There was a time when tea was among the three too agricultural exports for Uganda and by 2020, the industry got 89 Million Dollars in foreign earnings, but this has since dropped to 8 Million Dollars a year.
“Therefore, we are currently training and empowering MSMEs at the grass root level dealing in the PDM selected value chains to acquire UNBS certification because without the UNBS certification mark, they cannot access markets,” said Kirabo.
“The sobering statistics on childcare, growth and development demand collective, urgent action. As a Ministry, we continue to champion parenting through our National Parenting Programme, Integrated Early Childhood Development, empowerment grants to vulnerable populations and partner projects like ‘Real Fathers’ among many others,” the Minister added.
Shona Capital says that by mobilizing local capital, the two companies are providing more reliable and sustainable funding sources for local entrepreneurs to scale, and create jobs, thereby strengthening the national economy.
If handled well, they say, this transition represents a potential turning point in industrial productivity, efficiency, cost effectiveness and competitiveness, because these rely on a stable power supply to drive production.
These controversies have have heightened the uncertainties amongst the shareholders, who have reportedly gone on a panic sale of their shares on the stock market to avoid any possible losses.
The ministry describes Alpha MBM Investments as a distinguished company from l UAE led by His Highness Sheikh Mohammed bin Maktoum bin Juma Al Maktoum, a member of the Dubai Royal Family.
Speaking at the handover to Standard Chartered Bank the first Dealer License, Josephine Ossia Okui, the CMA Chief Executive Officer, said all banks operating as primary dealers must hand in their application for license by the end of this March