Economy
4 Trillion Shillings Lost Annually in Uncollected Tax
The Ugandan government is losing approximately 4 trillion shillings each year due to uncollected Value Added Tax (VAT). John Musinguzi,…
Uganda’s Loan Addiction Continues as $500m Deal Signed with Korea
Uganda and the Republic of Korea have once again joined hands in a grand ceremony to ink a deal, this…
No Governor, No Problem: Bank of Uganda Thrives Without the Big Boss
The Deputy Governor of the Bank of Uganda, Michael Atingi-Ego, has assured Ugandans that the absence of a permanent Governor…
Finance Ministry Declares Uganda’s Full Economic Recovery Post-Pandemic
Ramathan Ggoobi, the Permanent Secretary and Secretary to the Treasury at the Ministry of Finance, addressed the nation this morning,…
Uganda’s Budget: Shs72.136 Trillion Fantasy of High Hopes and Empty Coffers
Uganda’s Parliament has passed a mind blowing and unheard of Shs72.136 trillion budget for the 2024/2025 financial year, an amount…
Museveni and Ruto Pledge to Enhance Uganda-Kenya Trade
President William Ruto of Kenya and President Yoweri Museveni of Uganda held a significant meeting in Nairobi to discuss strengthening…
