With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to
Uganda’s economy registered an improvement in January 2026, supported by better business conditions, rising consumer demand and increased employment levels, according to the latest Performance of the Economy Report.The report indicates that economic activity continued on an upward trajec
President Museveni has strongly defended the use of Biometric Voter Verification (BVV) machines in the recently concluded elections, arguing that the technology curtailed electoral fraud and strengthened transparency, while framing the broader vote within the National Resistance Movement's histor
Last week, the minister for Kampala affairs, Hajjat Minsa Kabanda, issued an ultimatum to city vendors to vacate the streets and relocate to the 2000 free workspaces across the KCCA markets around the city.This was received with considerable interest. mixed reactions among people: one grou
NATIONALNile Breweries Limited (NBL), Uganda’s leading beer manufacturer, is pleased to announce the appointment of Ms. Olive Birungi Lumonya as Chairperson of the Board of Directors, effective January 1, 2026. Ms. Lumonya assumes the position following the untimely passing of Mr. Franci
The Uganda Civil Aviation Authority (UCAA) Board of Directors and Management Team has confirmed that works at Kabalega International Airport in Hoima District have reached 97% completion, following an on-site inspection conducted on Friday, February 12.The inspection team was led by Dr. St
Minister of State for General Duties Henry Musasizi speaking at the event.Kampala, Uganda — Uganda’s government says expanded access to finance and macroeconomic stability are helping drive a strong economic rebound, as officials push an ambitious plan to grow the country’s economy t
It was sold as a shining solution to Uganda’s water crisis — 687 solar-powered irrigation and water supply systems meant to transform farming, boost incomes and bring clean water closer to communities. The Ministry of Water and Environment (MWE) is the lead government agency, overseeing the p
Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth EUR 641.1 million (Shs 2.747 trillion) to fund three major infrastructure projects aimed at supporting the country’s Ten-Fold Growth Strategy and expanding the economy to USD 500 billion by 2040.
EFRIS was first legally introduced through the Tax Procedures Code (E-Invoicing and E-Receipting) Regulations in 2020, with mandatory use by VAT-registered taxpayers beginning on 1 July 2020.In today’s rapidly digitizing economy, tax compliance in Uganda is no longer a back-office obliga
