Tax controversies have recently stirred debate across the country, with the country’s tax body – the Uganda Revenue Authority (URA)—and the National Treasury struggling to justify certain tax breaks to particular companies while in the National Assembly. In a new twist, the two age
The annual debt statistical bulletin and public debt portfolio analysis by the Ministry of Finance indicates that the stock of domestic debt rose from Shs34.5 trillion in June 2023 to Shs40.6 trillion in June 2024, representing a growth of 5 percent. The increase represents a rise of dom
For decades, Bukedi sub-region in Eastern Uganda was primarily known for cotton cultivation. However, fluctuating prices led farmers to abandon cotton in search of more viable alternatives. During the launch of the Bukedi Strategic Development Plan, leaders outlined coffee and cocoa as c
(Kampala) – Robert Kyagulanyi, aka Bobi Wine, has thrown down the gauntlet to President Yoweri Museveni. During a press briefing at the National Unity Platform (NUP) headquarters in Kavule on September 16, 2024, Bobi Wine responded to Museveni’s claim that NUP cheated by a cool one millio
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
On September 12, Omukama Oyo Nyimba Kabamba Iguru Rukidi IV will celebrate 29 years on the throne as the reigning monarch of Tooro Kingdom.The cultural event will take place at the kingdom royal palace, Karuziika,
The International Monetary Fund has said Uganda has navigated post-Covid-19 recovery well due to sound macroeconomic policies.The country’s economic recovery, the IMF noted in a statement is strengthening, chara
Its adoption of an aggressive stance towards Congress over its forced sale legislation backfiredCOMMENT | NANCY QIAN | TikTok is now one of the biggest stories in business and geopolitics.
