Category: Economy
Understanding Uganda’s Taxation Dynamics: The Role of URA and Parliament
By Blair Atwebembeire OPINION | In recent times, Uganda Revenue Authority (URA) has found itself at the center of a media storm, with fingers pointed at it for supposedly unfair taxation practices that are purportedly…
Deputy Governor’s Signature Sparks Legal Dispute Over legality of Banknotes
Ezrah Kashumbusha. KAMPALA, February 21, 2024 | A Ugandan citizen has taken the Bank of Uganda to court over concerns regarding the legality of banknotes signed by the Deputy Governor, Dr. Michael Atingi-Ego. Brian Kasaija,…
Parliament to debate bill on supplementary budgets and contingencies fund
Kerry Howard Mwesigwa. KAMPALA, December o1, 2023 | A bill that seeks to amend the Public Finance Management Act, 2015, to regulate the approval and management of supplementary budgets and the contingencies fund, has been…
Kenyan High Court Strikes Down Housing Levy in Landmark Ruling
November 28, 2023. NAIROBI, KENYA | A High Court in Kenya has declared the 1.5% housing levy, introduced in June as part of a finance law, unconstitutional. The ruling, announced on Tuesday, stated that the…
President Museveni Sends National Local Content Bill Back to Parliament for Review
Kerry Howard Mwesigwa. President Yoweri Kaguta Museveni has returned the National Local Content Bill, 2022, to the Ugandan Parliament, urging a reconsideration of its provisions. In a letter dated August 1, 2023, the President has…
High Court Dismisses YO! Uganda Limited’s Bid for Injunction against Uganda Revenue Authority
Sandra Ainebyoona. Kampala, Uganda – The High Court in Kampala has rendered its verdict on the case brought forth by YO! Uganda Limited, a leading Financial Technology company, regarding a temporary injunction against the Uganda…
186,000 companies removed from register for failing to file annual returns.
Sandra Ainebyoona. The Uganda Registration Services Bureau (URSB) has launched a company data update and annual returns filing exercise, revealing a staggering figure of 186,000 companies that have been struck off the register due to…
UK Appeal Court refers Crane Bank’s case Against DFCU to High Court
Kerry Howard Mwesigwa. Crane Bank and its shareholders are taking on DFCU Bank Ltd in the UK Appeal Court, seeking jurisdiction over the disputed sale of Crane Bank’s assets and liabilities to DFCU. The case…
Google fights allegations of privacy invasion in Kenya
Nairobi, Kenya. Google Kenya Ltd, a subsidiary of global technology giant Google LLC, is at the center of a legal battle over alleged invasion of privacy and breach of Kenyan data protection rules. The African…
South Africa’s Race Quota Law: Addressing Inequality or Threatening Jobs?
Johannesburg, South Africa. A new law in South Africa aimed at promoting diversity in the workplace has ignited a fierce debate. While the government argues that the legislation seeks to address historical inequalities, opposition parties…