Economy

URA Faces Challenges in Ambitious 31.98 Trillion Shillings Revenue Target

The Uganda Revenue Authority (URA) faces significant challenges amidst economic complexities and fiscal demands in the bid to meet its…

Debt Discipline? The Government Knows What’s Best for Uganda

Mr. Ramathan Ggoobi, the Secretary to the Treasury and Permanent Secretary in the Ministry of Finance, had an interesting day…

Uganda Shilling Stays Steady as June Ends

The Uganda shilling traded relatively flat on the last trading day of June. The currency opened at 3,703/3,713, briefly strengthened…

Museveni: Oil Revenue to Reduce Uganda’s Debt

President Yoweri Museveni announced that Uganda will earn $2 billion annually once oil production starts in 2025. He stated that…

Uganda’s Budget Day: Join the Circus at Kololo Grounds

Good morning, Uganda! Rise and shine for the most awaited day of the year—the grand unveiling of our national budget…

Uganda Shilling Strengthens Amidst Market Activity on Tuesday

Stable Trading and Government Bond Auctions During Tuesday's trading session, the Uganda shilling commenced at levels of 3770/3780 against the…