Africa’s digital economy is now worth over Shs 680 trillion—and this is just the beginning.But what does that even mean for a typical Ugandan who sells newspapers in the taxi park, owns a boda boda, or simply has a smartphone?The digital economy in itself refers to business
Today, just four of Africa’s richest billionaires hold $57.4 billion in wealth — more than the combined wealth of 750 million people, or half the continent’s population, according to a new Oxfam report.The report –
Ghana is considering reform in the energy sector, with Umeme in mind How this West African country is looking to the success Uganda has just destroyed to solve its electricity crisisTH
Government has embarked on a major infrastructure drive to boost agricultural productivity and rural connectivity through the rehabilitation and construction of Community Access Roads (CARs) under the National Oilseeds Project (NOSP).The initiative, currently underway in 81 districts, targ
MTN Uganda plans to spin off its mobile money arm, MTN MoMo, into a separate entity, a move that could alter the structure of its business in one of its largest African markets.In a regulatory filing last week, the company said it “intends to implement a proposed
The government has announced new tax measures on cigarettes, beer, imports, and agricultural by-product exports in the 2025/26 national budget, in a bid to boost domestic revenue and harmonize with regional tax frameworks.Presenting the budget to Parliament on Thursday, Finance Minister Ma
The Permanent Secretary of the Ministry of Finance Ramathan Ggoobi, who is also the Secretary to Treasury has said Uganda is on a mission to change its destiny, noting that in 15 years from now, naysayers will be proved wrong.“ We are people on a mission. Some people think we are still i
A stark warning has been issued from the corridors of parliamentary oversight, painting a grim picture of Uganda's fiscal health.The Shadow Minister for Finance, Ibrahim Ssemujju Nganda, has cast a critical spotlight on the government's ambitious, and arguably perilous, pl
US President Donald Trump has said his relationship with Elon Musk is over."I would assume so, yeah," Trump told NBC News on Saturday, when asked if he thought the pair's close relationship had ended. He replied "No" when asked if he wished to mend the damaged ties.
The Ministry of Finance has announced that over Shs 8.03 trillion has already been channelled into Uganda’s key wealth creation programmes—namely the Parish Development Model (PDM) and Emyooga—marking a substantial boost in efforts to transform household incomes and uplift the national econ
