Business •
18 Sep '24
(Kampala) – The Uganda Revenue Authority (URA) has reported a surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent
Business •
18 Sep '24
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
Business •
17 Sep '24
Since time immemorial, during dry seasons, farmers in Lamwo District have burnt grass in their gardens to stimulate the growth of fresh green grass for their livestock and to enhance soil fertility. Smallholder farmers believe dry grass is not nutritious to their animals, and in a desper
Business •
17 Sep '24
The new regulation demanding coffee farmers and exporters to prove that the commodity did not contribute to deforestation before being allowed access to the European Union (EU) market has suddenly sent the sector regulator into an overdrive mode, if not, a state of uncertainty, Prosper Magaz
Business •
17 Sep '24
The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said. The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi
Business •
15 Sep '24
The Uganda Communications Commission (UCC) recently announced plans to migrate all FM radio stations from analog to digital broadcasting.This transition is part of a broader effort to modernise the country’s media landscape and enhance the quality of radio services.While the benef
Business •
15 Sep '24
Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread its gospel of change. Whilst historically an introduction in Buganda has always been an apolitical ceremony for a few
Business •
13 Sep '24
Uganda's government is in a legal tussle with 112 landowners who are set to be displaced by the East African Crude Oil Pipeline (Eacop) as low-value payment, absentee landlords and a complex landownership system in some parts of the country delay compensation, c
Business •
13 Sep '24
President Yoweri Kaguta Museveni has praised the late Gen. Aronda Nyakairima for his transformative impact on Uganda’s voter identification system, which has been a cornerstone of the country’s democracy and stability.
Business •
12 Sep '24
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara