Uber Shuts Down Uganda Operations

Uber is winding down its Uganda operations with immediate effect from September 2, ending a decade long presence. The ride hailing giant joined the market in 2016. The company says the move follows a “thorough review” of its African investment priorities and is limited to Nigeria and Uganda. It insists the rest of its Sub-Saharan…

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From Security Guard To Commercial Farmer: Steven Dralada Nzima’s Journey With Equity

For 20 years, Steven Dralada Nzima worked as a security guard in Kampala, including at Equity Bank Uganda offices. Today, he is running a commercial farm in Adjumani District, growing crops, keeping livestock and managing forestry, while providing jobs for people in his community. The journey has been gradual. Steven started with a modest salary,…

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Uganda Names Crude Oil ‘Pearl Sweet Petroleum’ As First Oil Nears

President Yoweri Museveni has officially named Uganda’s crude oil Pearl Sweet Petroleum during a ceremony at the Kingfisher Development Area in Kikuube District on September 2. The branding gives the country’s waxy, low sulphur crude a commercial identity ahead of expected first production later this year and its entry onto international markets. The name draws…

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Cabinet Approves National ID Number As Official Tax Identifier

Cabinet has formally approved the use of the National Identification Number (NIN), issued by the National Identification and Registration Authority (NIRA), as the Tax Identification Number (TIN) for taxpayers. The decision, taken at the Cabinet meeting on 31 August 2026 at State House Entebbe, was announced on 1 September by Information and Communications Technology and…

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