Activists show support to raising PAYE threshold but call for even a higher level of UGX 600,000.Kampala, Uganda | URN | The business community, economists and civil society have hailed Government on the proposed tax measures for 2026/2027, but say some are detrimental.According to
Government has dropped its plan to tax all cash withdrawals after strong resistance from stakeholders, highlighting concerns over economic impact, financial inclusion, and policy contradictions. While the proposal is shelved for now, authorities say the broader push toward a cashless economy and
Economists and tax experts warn that government’s plan to raise Shs4.8 trillion through new taxes, including a fuel levy, could increase inflation, slow construction activity, and undermine economic recovery if the tax base is not widened.A growing chorus of economists and tax experts is
KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,
For an institution created to sniff out dirty money and choke financial crime at its roots, the spotlight is now uncomfortably fixed on the watchdog itself.A damning Value for Money audit in the December 2025 report by the Auditor General has exposed glaring weaknesses at the Financial Int
After ten years, millions in financing and bold promises to transform Uganda’s business and tourism competitiveness, the Competitiveness and Enterprise Development Project (CEDP) is now under an unforgiving spotlight.The December 2025 Value for Money audit on CEDP has laid bare a troubli
Uganda Development Corporation was created to be the State’s industrial engine, the strategic investor that would put public money into commercially viable ventures and drive Uganda’s transformation. Instead, the latest Auditor General’s report paints a troubling picture of a corporation po
Uganda’s presidential and parliamentary elections held on January 15, 2026, have delivered a major political shake-up, with several high-profile opposition legislators losing their seats and bringing an end to some of the most influential careers in the 11th Parliament. The results underscore s
There are moments in a nation’s life when an external decision, seemingly adverse, even unfair, forces an uncomfortable but necessary reckoning.The recent tightening of United States visa conditions for Ugandans, including the introduction of substantial visa bonds, is one such moment. I
President Museveni has hailed businessman and economist Amos Nzeyi as a key contributor to Uganda's economic transformation, citing the role of indigenous entrepreneurs in driving the country's development agenda.Museveni made the remarks in a speech delivered on his behalf by Deputy Speak
