Uganda continues to lose significant revenue from the artisanal and small-scale mining (ASM) sector due to rampant informality and weak regulatory enforcement, the Advocates Coalition for Development and Environment (ACODE) has said.Despite being rich in minerals, Uganda has failed to tran
I’ve spent much of the past quarter of the year zigzagging across Europe and the US, cursing Vladimir Lenin as I went. He is reputed to have coined the phrase ‘there are decades where nothing happens; and there are weeks where decades happen’, which in turn has been repeated back to me whereve
Speaking at the Diaspora Exchange Forum hosted by Equity Bank, under the theme “Re-Routing Back Home: Funds Transfer for Powering Personal and Continental Growth,” Prof. Nuwagaba explained that the high cost of borrowing to develop electricity infrastructure makes lower electrici
Absa Uganda has appointed Keith Kalyegira as the new chairman of the bank's board, effective 1 March 2025.Kalyegira is a highly respected and seasoned advisor on strategy, investments, and capital markets, with a wealth of experience cutting across both the public and priva
Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
The Kampala Northern Bypass, a crucial road network linking different parts of the city, urgently needs the completion of its renovation works to restore smooth traffic flow and support businesses.While the repairs are necessary, the delays have created a traffic nightmare, affecting thous
If there’s one thing that the White House wants us to know about the new tariffs that promise to upend the global economy, it’s that they’re “reciprocal.”We now know that they aren’t reciprocal at all. In fact, they bear no connection whatsoever to any levies that the target country
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about
President Museveni named Michael Atingi-Ego as Bank of Uganda Governor yesterday. "We trust his leadership will strengthen our financial systems," Museveni said during the announcement.Michael Atingi-Ego grew up h
Evelyn Anite was once a highly influential minister in Uganda and a staunch supporter of President Yoweri Museveni. Many believed she had a bright and enduring future in politics. However, her fortunes have changed dramatically, and she is now associated with nu
