Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Government has put the 2025/26 budget projections at Shs57.4 trillion, which is Shs14.7 trillion lower than the current budget. In May, government revised the Shs58 trillion budget for the 2024/25 financial year to Shs72.1 trillion, marking a significant increase of Shs14.1 trillion, a f
Business •
11 Oct '24
Every October 9, Uganda joins the rest of the world to celebrate Post Day. This annual event commemorates the establishment of the Universal Postal Union (UPU) in 1874 in Bern, Switzerland. World Post Day was declared at the UPU Congress in Tokyo, Japan, in 1969, and since then, countrie
Business •
09 Oct '24
Uganda’s coffee exports to the European Union (EU) are expected to remain unaffected by the looming December 2024 deadline of the EU Deforestation-free Regulation (EUDR), according to Hon. Henry Musasizi, the Minister of State for Finance, Planning and Economic Development (General Duties). The mi
Business •
09 Oct '24
Kenyan President William Ruto is facing growing pressure to publicly explain the reasons behind his fallout with his deputy, Rigathi Gachagua. Allegations against Gachagua, which led to an attempt by parliamentarians to remove him from office, are reportedly not new in Kenya’s political landscape.
Business •
09 Oct '24
As Uganda marks 62 years of flag Independence today, the vibrant civic society we once hoped would shape our shared life after the Union Jack was lowered remains elusive to this day. The answer to a seemingly simple question, that is: who exactly are we, is not quite forthcoming. Often
Business •
08 Oct '24
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
Business •
08 Oct '24
Rwanda has overtaken Kenya as Ugandaâs biggest sugar export market in the East African Community. Data from Uganda Revenue Authority shows that in the nine months to September, Rwanda took 35.3 percent or 39.3 tonnes of sugar out of the 111.1 tonnes Uganda exported to the EAC Common
Business •
04 Oct '24
The Inspectorate of Government was able to recover Shs2.3b in confiscated assets of thieving public officials in the first half of the year, compared to the Shs15.7b marked for recovery. The revelation was made by the Inspectorate of Government, Ms Beti Kamya, while presenting the bi-ann
Business •
01 Oct '24
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option