A Taxpayer Identification Number (TIN) is a unique identifier issued to individuals and businesses for tax purposes. It is a cornerstone of effective tax administration, enabling the Uganda Revenue Authority (URA) to monitor taxpayers and enforce compliance.However, the misuse of TINs by s
When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of the Third National Development Plan (NDPIII) to President Museveni, he laid out the kinds of problems that many Ugandans feel eve
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
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
Uganda Launches Okusevinga: First Government-Owned Unit Trust SchemeThe Bank of Uganda (BoU), in collaboration with the Ministry of Finance, Planning and Economic Development (MoFPED), has launched the pilot phase of Project Okusevinga, Africa’s first government-owned unit trust scheme.
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans exploited loopholes by switching networks or SIM cards, making it difficult for lenders to recover funds. Under the previous s
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan requests totalling nearly Shs9 trillion.By suspending key safeguards, the House bypassed the standard oversight procedures des
Uganda projects 10.4% economic growth in FY2026/27independent.co.ug44minKAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of the 2026/2027 financial year, up from an estimated 6.6 percent at the end of the 2025/2026 financial year.
JOHANNESBURG, Dec 17 (Reuters) – The South African rand was flat in early trade on Tuesday, ahead of the release of local central bank data and inflation data that will shed light on the country’s economic outlook.At 0512 GMT, the rand traded at 16.75 against the dollar, little changed
It makes sense why President Donald Trump would have a
