Election period didn’t destabilise economy, says Finance ministry
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...
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Bank of Uganda to Hold Kabale Townhall on Economy, Financial Inclusion
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 bu...
Britain Must Confront Its Past and Rethink Its Role in Africa
Uganda provides a modern case study of these tensions. During recent electoral cycles, figures such as Bobi Wine drew international attention, with Western governments in...
Govt probes fuel hoarding as pumps run dry despite ‘sufficient’ stocks
Government has launched investigations into Oil Marketing Companies suspected of hoarding fuel and charging exorbitant prices, even as officials insist national stocks re...
Fuel Levy Approved: MPs Clear UGX200 Tax Despite Public Outcry, Opposition Warns Of Economic Pain
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 reve...
Parliament Passes Tax Bills Amid Concerns Over Rising Cost of Living
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 c...
Bank of Uganda launches three-year pilot to buy domestic gold for reserves
The Bank of Uganda has started buying gold mined in the country and will add it to the official foreign exchange reserves, shifting part of the national safety net from d...
Uganda Alcohol Policy Alliance backs proposed tax rise on spirits
The Uganda Alcohol Policy Alliance (UAPA) has thrown its support behind the government’s proposed increase in excise duty on undenatured spirits below 80% alcoholic con...
Uganda Economy Shows Strong Momentum Despite Shilling Depreciation
KAMPALA – Uganda’s economy continues to show signs of steady recovery and strengthening activity, supported by rising demand, increased business confidence, and stron...
Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation
Uganda has taken a significant step toward advancing its long-term economic transformation agenda after the Ministry of Finance hosted a 40-member Chinese investor delega...