Tag Uganda

Uganda Raises Import Duty On Electric Vehicles To 25%

UGANDA has raised the import duty on fully electric vehicles, hybrid vehicles, and electric motorcycles from zero to 25 percent in the current financial year. This change has significantly increased the cost of these vehicles. For instance, the price of…

Three Ugandan MPs Charged With Corruption Offences

IN a significant move against corruption, three Ugandan legislators have been charged with diversion of public resources, according to a charge sheet obtained by Reuters on Saturday. This development marks a continued effort by President Yoweri Museveni’s government to tackle widespread graft…

Uganda And UAE Sign Pact For New International Airport

UGANDA has entered into an agreement with a business association from the United Arab Emirates (UAE) to construct a new international airport, President Yoweri Museveni’s office announced on Friday. This development marks Uganda’s third international airport and extends the UAE’s…

Ugandan Ruling Party Legislators Charged With Corruption

THREE legislators from Uganda’s ruling party have been charged with corruption for attempting to influence the budget of a state-funded rights body. Corruption is widespread in Uganda, but it is uncommon for top officials, especially those aligned with long-serving President…

Uganda To See Surge In Millionaires By 2033: Henley Report

A RECENT report by Henley & Partners reveals that Uganda is among a select group of African countries expected to witness substantial growth in millionaires over the next decade. While traditional sectors like hi-tech and manufacturing may lag, Uganda is poised to…

Uganda Rescues 23 Citizens From Traffickers In Myanmar

THE Ugandan government announced on Thursday that 23 of its citizens, who had been rescued from human traffickers in Myanmar, have been safely brought back home. The group, who had been held in Tachileik, Myanmar, after being lured with promises…