Uganda’s income per person is projected to rise to USD 1,420 (about Shs5.1 million) in the current financial year, Finance Minister Henry Musasizi announced Thursday, a milestone that underscores the country’s steady economic expansion ahead of the anticipated oil era.Presenting the 20
Presenting the national budget before Parliament on June 11, 2026, Finance Minister Henry Musasizi said the country's economic outlook remains strong, supported by low inflation, rising exports, growing investment and increasing business confidence.Musasizi projects Uganda's economy will g
special forensic investigation by the Auditor General has severely faulted the Chief Executive Officer of the Insurance Regulatory Authority (IRA), Ibrahim Kaddunabbi Lubega, over a string of blatant financial and administrative irregularities.A special forensic investigation by the Audito
Domestically, his tenure has been unsettled by the Epstein saga, which has revived questions of impeachment. His approval ratings have fallen to a historic low of 38 per cent.There is nothing new about political violence in the United States. But in its current form, it is more concerning
The law requires the Finance minister to publish a post-election economic and fiscal update within four months after polling day for a general election.Uganda’s economy remained stable during the general election period and in the months that followed, according to the government’s pos
The Bank of Uganda will hold a public townhall meeting in Kabale Municipality aimed at increasing awareness about the economy, financial services and opportunities for business and agricultural financing in the Kigezi sub-region.Bank of Uganda is set to meet residents and stakeholders in K
Uganda provides a modern case study of these tensions. During recent electoral cycles, figures such as Bobi Wine drew international attention, with Western governments including the UK voicing concerns over human rights and electoral conduct.The story of Britain’s global rise cannot be t
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks remain sufficient.The move follows mounting public complaints of dry pumps, rationing, and selective selling at petrol sta
Parliament has approved Government’s proposal to impose a UGX200 excise levy on every litre of fuel, a move expected to generate about UGX450 billion in additional revenue as the State intensifies efforts to finance the national budget.Lawmakers backed the measure during consideration of
Parliament of Uganda has approved a raft of tax measures expected to raise Shs1.8 trillion for the 2026/27 budget, including a controversial fuel levy increase, despite concerns about inflation and economic pressure on citizens.Parliament of Uganda has passed a series of tax bills aimed at
