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Uganda needs timely investment, youth engagements for middle-income dreams

Uganda needs timely investment, youth engagements for middle-income dreams

Uganda's young population grapples with high unemployment due to a lack of jobs meant to match its growth rate, something that has fuelled social unrest and youth frustration, compounded by rising demand for quality education, healthcare, and social services, straining government resources.

Ultimate Uganda

What next after Uganda fails to wake up and smell the coffee?

What next after Uganda fails to wake up and smell the coffee?

Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good

Ultimate Uganda

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

URA Officers Manipulate Tax TINs to Steal UGX 319 Million

(Kampala) – When you think of Uganda Revenue Authority (URA), you imagine tireless civil servants keeping our tax money safe, right? Well, it seems a few of them have decided to play a different game—dodging the very taxes they’re supposed to protect. We are not talking about a few missed shil

Ultimate Uganda

Focus on oil and gas development will be key priority in 2025/26 budget

Focus on oil and gas development will be key priority in 2025/26 budget

The Ministry of Finance has laid out budget priorities for the 2025/26 financial year, focusing on agro-industrialisation, tourism development, minerals-based industrial development including oil and gas, and science, technology, and innovation. The budget, which will maintain the full m

Ultimate Uganda

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Govt targets to triple tourism arrivals to 3.8 million in 10 years

Government, under the Tourism Policy for Uganda, will seek to more than triple annual tourism earnings in the next 10 years. The policy, which forms the bedrock of government’s legal instruments, strategies, and plans for developing the tourism sector, indicates that in the 10 years

Ultimate Uganda

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Income from telecom investments, bonds shore up NSSF assets to Shs22 trillion

Telecom investments have shored up NSSF’s income, strengthening the Fund’s assets. National Social Security Fund (NSSF)'s earnings in the year ended June increased by 15 percent, from Shs2.2 trillion to Shs2.53 trillion, due to a surge in interest, dividend, and real estate inc

Ultimate Uganda

Uganda loses Shs4.4 trillion to un-commercialised waste

Uganda loses Shs4.4 trillion to un-commercialised waste

The collapse of the Kiteezi landfill, which led to the deaths of over 35 people, numerous injuries, and the destruction of several homes, stands as one of the most catastrophic incidents in Uganda's history. The tragedy sparked debate about whether it was an accident or criminal negligen

Ultimate Uganda

Only 10 percent of govt projects are on schedule, NPA report says

Only 10 percent of govt projects are on schedule, NPA report says

Enforcement of publicly funded projects and related investment is underperforming, according to National Planning Authority (NPA). The NPA assessment report further discloses laxity in the manner in which development projects, the majority of which are funded by international partners an

Ultimate Uganda

Here is how to choose the right investment for sustainable wealth

Here is how to choose the right investment for sustainable wealth

Wealth creation refers to the process of investing your savings to grow your wealth by choosing investments that align with your financial goals. The modern approach to wealth creation of budgeting and saving builds wealth through a variety of methods using financial products. Certainly, whe

Ultimate Uganda

The silent crisis of air pollution in Kampala

The silent crisis of air pollution in Kampala

Kampala is projected to experience a population surge of at least 58 percent, growing from approximately four million to seven million by 2035, as detailed in the World Population Review based on the UN World Urbanisation Prospects. This report suggests that without appropriate interventions

Ultimate Uganda