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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

Ultimate Uganda

Government urged to put breaks on tax incentives to companies

Government urged to put breaks on tax incentives to companies

Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age

Ultimate Uganda

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

Ultimate Uganda

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of government’s legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years

Ultimate Uganda

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

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Minister Kasaija stresses peace as key to tourism growth

Minister Kasaija stresses peace as key to tourism growth

The Minister of Finance, Planning and Economic Development, Mr Matia Kasaija, has urged Ugandans to maintain peace and security to enhance the country’s tourism industry. Uganda recently witnessed a series of demonstrations by citizens dissatisfied with service delivery and high levels

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Top 100 mid-sized firms urged to embrace digital transformation

Top 100 mid-sized firms urged to embrace digital transformation

Companies participating in this year’s Top-100 mid-sized survey have been advised to invest in digital transformation to scale efficiency and effectiveness. Speaking at the Top 100 Forum on Technology in Kampala yesterday, Mr Sam Barata, the general manager commercial at Nation Media G

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Uganda loses Shs4.4 trillion to un-commercialised waste

Uganda loses Shs4.4 trillion to un-commercialised waste

The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen

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Govt turns to domestic financiers to close gaps created by reduced external borrowing

Govt turns to domestic financiers to close gaps created by reduced external borrowing

The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom

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Local Farmers Shine at Annual Harvest to Home Dinner Fundraiser

Local Farmers Shine at Annual Harvest to Home Dinner Fundraiser

Guests gather at Wallace State for the annual Harvest to Home Dinner, a showcase of haute-cuisine featuring local agricultural bounty. Supporting Our Farmers Agriplex director Rachel Dawsey highlights the invaluable contributions of local farmers, showcasing the quality and variety of produce sourc

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