Business •
09 Feb '26
While digital tax collections from giants like Apple and Meta have hit 29.5 billion shillings, the Auditor General warns that a lack of independent verification is causing significant revenue leakage.Uganda has successfully collected 29.5 billion shillings from global tech firms, but the c
Business •
05 Feb '26
Permanent Secretary and Secretary to the Treasury Ramathan Ggoobi has said Uganda’s export earnings have climbed to a record $14.4 billion (Shs 54 Trillion) by the end of September, driven largely by strong growth in gold, coffee and manufactured goods, reflecting the impact of long-term govern
Business •
27 Jan '26
Uganda is sitting on a gold rush worth billions — but for most citizens, the shine stops at the headlines.Gold exports have exploded over the past decade, rebounding strongly after a brief slump in 2022/23 caused by a tax dispute that temporarily halted exports. By 2025, Uganda’s gold
Business •
26 Jan '26
Seoul, Jan 26 Samsung Electronics said on Monday it plans to provide treasury shares worth 175.2 billion won ...Samsung to offer treasury shares worth $120 million as bonuses | Samsung to offer treasury shares worth $120 million as bonusesSamsung to offer treasury shares worth $120
Business •
22 Jan '26
Hajati Madina Nsereko is the Kawempe South Member of Parliament-elect. Running on the National Resistance Movement (NRM) ticket, Nsereko defeated candidates from both opposition parties and independents, securing victory in a constituency often viewed as competitive and politically diverse.
Business •
29 Dec '25
Uganda’s coffee exports soared 38% in October 2025, reaching $185.56 million, driven by robust Robusta and Arabica shipments. Read the full report on top buyers and the $2.4 billion annual earningsKAMPALA, Uganda — President Yoweri Museveni has approved a 572 billion shilling investmen
Business •
22 Dec '25
Museveni Urges Lwengo Residents to Turn Peace into Prosperity Through Household Wealth CreationMuseveni Urges Lwengo Residents to Turn Peace into Prosperity Through Household Wealth CreationAt a campaign rally in Lwengo, President Yoweri Museveni posed a simple but pointed question
Business •
22 Dec '25
Uganda reports a record $6.5 billion in coffee and gold export earnings for 2025, providing a vital economic boost as the country faces significant cuts in global donor funding.Uganda's coffee exports soared 38% in October 2025, reaching $185.56 million, driven by robust Robusta and Arabic
Business •
21 Dec '25
Ntungamo—On Friday 19th, the Ministry of Energy and Mineral Development under the Government of Uganda hosted a high-profile Mineral Markets Sensitization Workshop at the newly established Ntungamo Mineral Market Facility, marking a critical step in formalizing the country’s mineral value cha
Business •
20 Dec '25
Kampala — The Uganda shilling strengthened strongly in 2025, becoming one of the best-performing currencies in the region, helped by higher export earnings, increased foreign investment and reforms in the foreign exchange market, the Bank of Uganda has said.In its November Monetary Polic