Kampala, Uganda | URN | The government reduced its net borrowing or fiscal deficit in the month of April, amidst the global supply disruptions and lower revenue collections.According to the Ministry of Finance, net borrowing (the extra money the government had to borrow after accounting fo
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
For many businesses in Uganda, securing a government contract feels like hitting the jackpot. The moment word spreads that someone has landed a deal, everything changes. Friends become more attentive, relatives resurface, banks suddenly extend courtesy, and suppliers are willing to offer goods on
Masaka — In politics, many leaders rise like thunderstorms — loud, dramatic and impossible to ignore — only to disappear leaving behind debris of broken trust and corruption scandals. But others move like the River Nile itself: calm, steady and life-giving to the communities around them.
Lenia Charity Kevin has been sworn in as a Member of Parliament, becoming the youngest lawmaker in the 12th Parliament at the age of 24.She represents Vurra County in Arua District.She is 63 years younger than Moses Ali, 87, the current Second Deputy Prime Minister and MP for Adjuma
KAMPALA — The Tax Appeals Tribunal has upheld a Uganda Revenue Authority (URA) decision to treat Shs3.16 billion claimed by Java House Coffee Shop Uganda Limited as unsupported shareholder loans and reclassify the money as undeclared income, in a ruling that sharply criticised the company’s r
Is it a bird? Is it a plane? No, it’s not Superman. Over the past few days, the distinctive, high-pitched screech of Sukhois has become all too familiar to Kampala residents. While it was initially not immediately obvious why, the ostentatious displays by pilots of the fighter jets soon became
Female fish traders operating along Uganda’s border points have raised concern over rising cases of sexual harassment, corruption, and inconsistent trade regulations that they say are undermining their businesses and livelihoods.The complaints were voiced during a stakeholder dialogue or
Uganda National Oil Company (Unoc) said on Wednesday it had begun discharging nearly 100 million litres of fuel at the port of Mombasa, with the first consignments expected to reach Uganda within days amid rising pump prices.The shipment, offloaded on May 5, comprises 47.5 million litres o
Organisation: Petroleum Authority of UgandaDuty Station: Kampala, UgandaAbout Organisation:The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production Act 2013, and in line with the National
