Search Results

Auditor General demands tighter controls as tech giants pay Shs29b in tax

Auditor General demands tighter controls as tech giants pay Shs29b in tax

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

Ultimate Uganda

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

Uganda’s Export Earnings Hit Record Shs54 Trillion -Ggoobi

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

Ultimate Uganda

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

WHO’S EATING UGANDA’S GOLD MONEY? Foreign Firms Cash in as Ugandans remain poor

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

Ultimate Uganda

Samsung to offer treasury shares worth $120 million as bonuses

Samsung to offer treasury shares worth $120 million as bonuses

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

Ultimate Uganda

Why Hajati Madina Nsereko Won Kawempe South

Why Hajati Madina Nsereko Won Kawempe South

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.

Ultimate Uganda

Uganda targets $10 billion in coffee revenue with new industrial park

Uganda targets $10 billion in coffee revenue with new industrial park

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

Ultimate Uganda

Museveni Urges Lwengo Residents to Turn Peace into Prosperity Through Household Wealth Creation

Museveni Urges Lwengo Residents to Turn Peace into Prosperity Through Household Wealth Creation

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

Ultimate Uganda

Gold and coffee exports hit record highs amid global donor funding cuts

Gold and coffee exports hit record highs amid global donor funding cuts

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

Ultimate Uganda

Government Sets Stage for Transparent Mineral Trade at Ntungamo New Market Centre

Government Sets Stage for Transparent Mineral Trade at Ntungamo New Market Centre

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

Ultimate Uganda

Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU

Uganda Shillings Strengthens as Exports and Investor Confidence Rise – BoU

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

Ultimate Uganda