Business •
26 Sep '24
Contributors to the National Social Security Fund (NSSF) will receive 11.5 percent interest they earned this year, Finance minister Matia Kasaija announced Thursday. "As per Section 36(2) of the NSSF Act (Cap 230), for the Financial Year 2023/24, I declare an interest rate of 11.5 percen
Business •
20 Sep '24
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
Business •
20 Sep '24
The Minister of Finance, Planning and Economic Development, Mr Matia Kasaija, has urged Ugandans to maintain peace and security to enhance the country’s tourism industry. Uganda recently witnessed a series of demonstrations by citizens dissatisfied with service delivery and high levels
Business •
17 Sep '24
The absence of a substantive Central Bank governor – a key figure in managing the economy – robs the country of much-needed expertise, experts have said. The position has remained vacant for 969 days and counting following the death of Emmanuel Tumusiime-Mutebile in a Nairobi hospi
Business •
15 Sep '24
One of Uganda’s leading political cartoonists Chrisogon Atukwasize, aka Ogon, has published his first collection of humorous and dramatic cartoons titled Drawing Attention. His body of work, spanning 194 pages, lampoons the mighty, powerful and ordinary citizens for their various misdeeds.
Business •
12 Sep '24
The Ministry of Finance, Planning, and Economic Development has said external financing for the National Budget is constantly on the decline.According to the ministry, this requires the government to strengthen do
Business •
19 Jul '24
The monthly salaries of the Inspector General of Police (IGP) Abbas Byakagaba, and Commissioner General of Prisons (CGP) Johnson Byabashaija and those of their deputies have been more than doubled in the new salary structure of Financial year 2024/25 that takes
Business •
20 May '24
President Museveni authorised a late Shs14 trillion tax increment that Minister Kasaija added to the Budget Estimates, leaving Ibrahim Ssemujju Nganda in a tiffFrom the standard gauge railway to Lubowa hospital and Kiira Motors to the Preside
Business •
02 May '24
In the last one-week alone, President Yoweri Museveni nearly 80 years old, and 38 leading government, has engaged in several public meetings to propagate policy and penned two illustrative media articles, on Tin processing industry, and the current tax dispute b