Ugandan business leaders are concerned about the proposed expansion of the national budget, fearing that increased taxation will harm the private sector and hinder economic recovery.

Kampala, Uganda – Business leaders across Uganda are expressing deep concern over the proposed expansion of the national budget, warning that increased taxation in the 2025/2026 financial year will cripple the private sector and derail economic recovery.

Kampala – Traders operating in the Nakasero Market in the Central Division have incurred significant losses following a fire outbreak reportedly caused by an electrical fault in their business premises.
 
Our team arrived at the market at 3:00 AM and found traders stranded outside their locked stalls, unable to assess the full extent of the damage. They expressed their frustration directly to our reporter.

The government's flagship Parish Development Model program is being hailed as a transformative initiative by beneficiaries in Kayunga District. However, while praising the program's impact, recipients are now calling for an increase in the loan amounts and more flexible repayment terms to maximise its effectiveness. Our correspondent, Lawrence Salt, has the details.

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