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Uganda Economy Shows Strong Momentum Despite Shilling Depreciation

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 strong export performance, according to the latest Performance of the Economy Report for March 2026 released by the Ministry of Fina

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Uganda Courts Chinese Investors in Push for ATMS-Led Economic Transformation

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 delegation exploring joint venture opportunities across the country’s priority ATMS pillars: Agriculture, Tourism, Manufacturing, a

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Uganda’s $500 Billion Dream: Dr. Aisha Ruth Kasolo Rallies MPs to Back Private Sector Revolution

Uganda’s $500 Billion Dream: Dr. Aisha Ruth Kasolo Rallies MPs to Back Private Sector Revolution

A bold vision to transform Uganda into a $500 billion economy has been laid out, with a strong warning that the country risks missing out unless it urgently empowers its private sector.Presenting before National Resistance Movement Members of Parliament at the National Leadership Institute

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Luweero Leaders Urge Retired Civil Servants to Join Associations for Better Welfare

Luweero Leaders Urge Retired Civil Servants to Join Associations for Better Welfare

Luweero District leaders are encouraging retired civil servants to join associations to strengthen their collective voice, improve welfare, and address persistent challenges such as delayed pension payments.The Luweero District Chairperson, Erasto Kibirango, has urged retired government wo

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New valuation law introduces UGX 100 million fine for rogue practitioners

New valuation law introduces UGX 100 million fine for rogue practitioners

President Museveni assents to the Valuation Act 2025, introducing strict standards and fines of up to 100 million Shillings to regulate Uganda’s real estate sector.KAMPALA — President Yoweri Museveni has assented to the Valuation Act, 2025, a landmark piece of legislation designed to f

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Gov’t releases Shs17.4t for fourth quarter of FY2025/26

Gov’t releases Shs17.4t for fourth quarter of FY2025/26

The Permanent Secretary and Secretary to the Treasury, Ramathan Ggoobi.The Government has released Shs17.444 trillion for the fourth quarter of the Financial Year 2025/26, bringing the total cumulative release to Shs77.001 trillion, according to the Permanent Secretary and Secretary to the

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Rwanda Raises Fuel Prices

Rwanda Raises Fuel Prices

Rwanda Utilities Regulatory Authority has raised retail fuel prices, citing global market trends and cost pressures, in a move expected to ripple through transport and consumer prices in the East African economy.In a statement issued late Friday, the regulator said petrol prices will rise

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Greedy MPs award themselves inflation-busting pay rise

Greedy MPs award themselves inflation-busting pay rise

Greedy MPs are planning to grab £300 million in salaries and business expenses over the next year.They are awarding themselves a 5 percent pay rise. This includes an extra “cost of living” payment.The pay rise will take their yearly salaries to £98,599 next year. And they are

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Gov’t Imposes New Taxes on Cement, Spirits

Gov’t Imposes New Taxes on Cement, Spirits

Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on imported spirits and building materials.Minister of State for Finance, Henry Musasizi, presented the bill in Parliament

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Uganda’s impeding debt crisis

Uganda’s impeding debt crisis

In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a country’s debt sustainability using the debt-to-GDP ratio. GDP is not a resource of government which it can use to pay credit

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