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PRIMEUganda’s debt remains sustainable, says IMF

PRIMEUganda’s debt remains sustainable, says IMF

The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. “The macroeconomic environment is not without challenges, with high

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Concerns mount over Senegal fiscal shortfalls ahead of election

Concerns mount over Senegal fiscal shortfalls ahead of election

Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage

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No love lost as NUP set out to unseat Ssemujju

No love lost as NUP set out to unseat Ssemujju

Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread its gospel of change. Whilst historically an introduction in Buganda has always been an apolitical ceremony for a few

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Louisiana Drinking Water Loan Program Faces Financial Concerns in Recent Audit

Louisiana Drinking Water Loan Program Faces Financial Concerns in Recent Audit

According to a recent audit conducted by the Louisiana Legislative Auditor's Office, the Louisiana Office of Public Health has come under scrutiny for its mismanagement of finances in the clean drinking water fund for the fiscal year ending in June 2023. Audit F

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Uganda has navigated post-Covid-19 recovery well, says IMF

Uganda has navigated post-Covid-19 recovery well, says IMF

The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara

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Uganda Airlines to mark 5th birthday with new routes

Uganda Airlines to mark 5th birthday with new routes

This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthd

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Museveni meeting with traders called off again

Museveni meeting with traders called off again

President Museveni arrives for the meeting with the traders on May 7, 2024.The meeting between President Museveni and traders, where he was expected to discuss his decision on their demands regarding the implementation of Electronic Fiscal Receipting and

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Uganda in race to meet new EU coffee export rules

Uganda in race to meet new EU coffee export rules

Bags of Ugandan coffee stored at a bulking centre as they await shipping to overseas markets. Over 60% of the country’s coffee ends up in the EU market signifying its importance to Uganda. COURTESY150 days left to comply with new to

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India and Korea Move Forward with Key Trade Negotiations

India and Korea Move Forward with Key Trade Negotiations

India and South Korea are advancing discussions to upgrade the 2010 Comprehensive Economic Partnership Agreement (CEPA). The 11th round of negotiations will take place in Seoul from July 17-19. Both nations are seeking greater market access for essential produc

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URA to register shops eligible for EFRIS

URA to register shops eligible for EFRIS

The Uganda Revenue Authority (URA) has set to register all shops in the Kikuubo business center to identify those eligible to pay Value Added Tax (VAT). The move is aimed at addressing traders’ concerns that the Electronic Fiscal R

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