Browsing: Business

In a landmark decision, the High Court has ruled that Kampala Club’s membership fees are not subject to VAT, declaring that fellowship and belonging cannot be treated as commercial supplies. The judgment shields hundreds of social and recreational clubs across Uganda from similar tax burdens.

Uganda exports billions in raw coffee, but most of the profits are roasted abroad. At Makerere, students are testing yoghurt, syrups & ready-to-drink brews—proof that value addition could change the game.

Uganda’s coffee-fueled export boom pushed trade earnings to record highs in June, but a surge in imports—driven by oil, metals, and food products—underscored the country’s growing vulnerabilities. While investor sentiment remains upbeat and inflation is easing, policymakers face mounting pressure to balance rising import costs with sustaining export momentum.

The Tax Appeals Tribunal says timelines rule supreme. ADR delays don’t save you—30 days means 30 days.

By channeling SACCOs and investment clubs into structured credit, Pride Bank positions itself at the heart of Uganda’s financial inclusion drive — and the stakes are national.

Uganda has become one of Africa’s fintech hotspots, with over 50 million registered mobile money accounts and Shs 159 trillion transacted in 2024. From rural markets to city schools, the digital wallet has changed how Ugandans live, trade, and save. But new tax battles, regional lessons, and fragile public trust now threaten to reshape the future of the country’s digital revolution.

From small garment sellers to arcade operators, ordinary business owners tell of debts, shuttered shops, and a fight for survival.

The World Economic Forum’s latest jobs report shows the fastest-growing roles—and the surprising skills driving them.

OpenAI’s new model doesn’t just answer questions—it codes, plans, and makes decisions. With 700 million weekly users, its impact could reshape work, education, and everyday life worldwide.

Thousands of companies face the axe, but behind every filing is a bigger story: of secrecy challenged, of systems tested, and of a country trying to rebuild trust in business—one name at a time.