From Tax Partner to Tax Dispute: URA Moves to Strip Stanbic of Lucrative UGX11 Trillion-Plus Collections Account as UGX117.8bn Transfer Pricing Row Deepens.
@stanbicug's UGX117.8bn transfer-pricing row with @URAuganda has taken a dramatic new turn. What began as a technical tax dispute is now threatening one of the bank’s most strategic public-sector relationships—its lucrative URA collections mandate.
While the tax dispute covers several years before Mumba Kalifungwa became Chief Executive, and therefore is not of his making, managing its fallout—across URA, Government, regulators, shareholders, customers and the wider Standard Bank Group—may become one of his biggest leadership tests yet.
Read the full story:
https://t.co/WjicNrSgNU
Congratulations to @BoeingAirplanes and @UG_Airlines for a commitment for new 787 Dreamliner and 737 Max aircraft. This agreement highlights American excellence in innovation, manufacturing, and aviation, enabling @UG_Airlines to modernize its fleet and expand its route network. We are excited that Boeing aircraft will continue flying to and from the Pearl of Africa!
JUST IN - President Museveni has witnessed the signing of a Shs3.7 trillion aircraft acquisition agreement between Uganda Airlines and Boeing for 10 new aircraft
#URAPublicNotice
Trade doesn't take weekends off. Neither shall we.
URA extends working hours for June 9th + all Saturdays to clear unentered cargo, verify goods, and fast‑track releases.
This is how we serve Uganda. 24/7 mindset. 🇺🇬
#Customs101#FFeBanno
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Uganda ships first-ever processed pineapple exports to China
Uganda has sent its first-ever shipment of processed pineapples to China, marking a step in efforts to expand value-added agricultural exports. The move comes as Kampala seeks to strengthen its position in global agribusiness by shifting from raw exports to processed goods. The shipment forms part of broader cooperation between Uganda, China, and the Food and Agriculture Organization under the South-to-South Cooperation programme. It follows China’s recent expansion of its zero-tariff policy to 53 African countries, aimed at boosting trade in value-added products.
One of the best farmers @KBarigye is in Bangkok to auction his coffee @mtnharvestug which is purely Ugandan Coffee from the hills of Mbale, Kapchorwa, Fortportal and Kasese farms. With this it means when Kenneth wins, Uganda coffee is winning! Help me retweet and thank this gentleman.
Cc:@kasujja@MKarekye@FrankTumwebazek
To all young men and women got a business idea?
Uganda Development Bank empowers SMEs, women, and youth with affordable financing and expert support to help you build, grow, and scale.
Driving investment across infrastructure, agriculture, industry, tourism, health, education, and innovation.
Visit the @UDB_Official office in Kampala or regional offices like Hoima serving the Midwestern region.
📞 +256 414 355 550
#InspiringDevelopment
"Chairman, a country without reserves is not sovereign. The potential of this Bill to destabilize Uganda’s balance of payments is our primary concern as a central bank. For example, last financial year the overall balance of payment surplus was USD 1.5 billion. That’s how we were able to increase our reserve coverage by USD 1.5 billion. Today as we speak our reserves are close to USD 6 billion. Why? Because these inflows have been coming in. The moment you tamper with these inflows here, we risk running down our reserves, and that is economic disaster for a country.” Governor Atingi-Ego on the Protection of Sovereignty Bill 2026 in an appearance before Parliament today.
Meeting with the richest man in Africa @AlikoDangote the second time on the sideline of the Africa we build summit, my prayer and call to him has always been one... "Come and invest in Uganda." today I am over joyed to get a solid yes from him. I can't wait to see that happening.
Aliko Dangote: I applaud President Museveni for his bold decision to ban the export of unprocessed minerals. I also want to commit to the two presidents here that, with their support for the refinery, we will build a similar one in East Africa like the one we have in Nigeria.