In his end-of-year address delivered on December 31, 2024, President Yoweri Kaguta Museveni outlined Uganda’s economic achievements and priorities for the coming year. Speaking from Rwakitura, the President emphasised economic...
Many analysts agree that the Ugandan economy in 2024 exhibited remarkable resilience, navigating a landscape fraught with global uncertainties and regional challenges. At the centre of this performance was Dr...
Rwanda’s vision of becoming a prominent financial hub makes a substantial advancement with the New Law nº 044/2024 of 30/05/2024 governing banks (the “Banking Act” or the “New Banking Act”)....
Extensive progress has been made on the East African Crude Oil Pipeline (EACOP) project, with the construction of a high-tech oil export terminal in Tanga – Tanzania, attaining crucial targets....
On a warm May afternoon in 2007, during a critical dialogue between the Kenya Association of Manufacturers (KAM) and the Ministry of Trade and Industry, the late Hon. David Nalo,...
Despite significant market turbulence home and away, Uganda’s National Social Security Fund’s (NSSF) revenue increased by 15% from UGX1.9 trillion to UGX2.2 trillion for the Financial Year ended June 30,…
Unmanned Aerial Vehicles (drones) are now popular gear, especially for people engaged in the film industry, videography, vlogging and tourism, amongst other businesses. On the other hand, away from such…
Efforts by various Uganda Revenue Authority (URA) enforcement teams in Mutukula, Masaka, Madi Oepi and Elegu have netted several illicit traders, confiscating several smuggled goods, such as textiles, motorcycles, cigarettes, …
The government of Uganda in Q4 of FY2022/23 borrowed €500 million (UGX2 trillion) from Stanbic Bank Uganda and its parent, Standard Bank South Africa, to plug holes in its budget,…
Uganda Revenue Authority (URA) announced last week that for the financial year 2022/2023 it had collected UGX 25,209.05 billion⏤an extra UGX 57.48 billion against a target of UGX 25,151.57 billion, reflecting…
Aster Medcity, one of South India’s largest quaternary care healthcare centres; Magnus Medi , one of the leading brands in India’s medical tourism industry and the Uganda Cancer Institute, have…
For starters, from where you sit, give us an overview of 2022 and the first half of 2023. To contextualise our conversation, we need to talk about the global developments…
Richard Byarugaba, the former Managing Director of the National Social Security Fund (NSSF) has spoken out about the just-released report by the Inspectorate of Government, saying he welcomed the report…
The Ministry of Finance Planning and Economic Development, Uganda Revenue Authority (URA) and Civil Society Organizations have launched the National Budget Month ahead of the reading of the 2023/24 financial…
Despite the fact that the global economy is undergoing a sharper-than-expected slowdown amidst lingering fears of a recession, Uganda Revenue Authority (URA) reported that net revenue collections for the nine…
