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MPs face fresh pressure as Finance Bill reopens tax debate in Parliament
News

MPs face fresh pressure as Finance Bill reopens tax debate in Parliament

CS Mbadi said the Bill does not seek to impose taxes on traditional financial services such as deposits, withdrawals or foreign exchange transactions. Instead, it seeks to address the tax treatment of technology-driven digital intermediaries and payment platforms that currently operate in areas not fully covered by existing tax laws.

Museveni drops 28 ministers in major cabinet shake-up
East African Bloc

Museveni drops 28 ministers in major cabinet shake-up

Among the biggest casualties of the reshuffle is former Finance Minister Matia Kasaija, who exits after years at the Treasury. Former Foreign Affairs Minister Gen. (Rtd) Jeje Odongo and former Gender Minister Betty Amongi were also removed from Cabinet.