Henry Musasizi, Minister of State for Finance, presented the seven Tax Bills to Parliament’s Finance Committee, outlining the government’s strategies to boost revenue amidst economic pressures.The Ugandan Ministry of Finance has proposed significant tax hikes
From UK tailors to Australian farmers to Irish whiskey distillers, firms reveal the impact of US measuresDonald Trump’s sweeping tariffs will upend global trade, adding costs and delays to businesses around the world and threatening a recession.The Guardian spoke to eight businesses about
Dr. Michael Atingi-Ego (L), the newly appointed Governor of the Bank of Uganda, and Prof. Agustus Nuwagaba (R), the new Deputy Governor, take the reins at the central bankKampala, Uganda – President Yoweri Museveni has appointed Dr. Michael At
President Yoweri Museveni has come under scrutiny following a meeting with a delegation from the United States at State Lodge Nakasero.The delegation, led by Rollan Roberts, a lawmaker from West Virginia and forme
As competition intensifies and the demand for certifications and accreditations in the oil and gas sector grows, it has become essential for both companies and their workforce to obtain these credentials. Certification not only builds industry trust but also enables organisations to compete
The growth of small and medium enterprises (SMEs) in Uganda has reached an all-time high, with an estimated 1.1 million SMEs operating across various sectors, according to a World Bank report. Despite this growth, one-third of Ugandan SMEs, especially small businesses, fail to survive their
Confusion. Panic. And helplessness. That is the state of affairs the Uganda Export Promotion Board (UEPB) now finds itself in after being merged with the Uganda Free Zones Authority into one entity called the Uganda Free Zones and Export Promotions Authority. For nearly three weeks now,
Finance Minister Matai Kasaija has said Uganda has installed a total of 4,354 kilometre of fiber cables across the country, connecting 1,523 key government service delivery units to the National Backbone Infrastructure. Speaking during the 15th National Competitiveness Forum in Kampala,
Government has rolled out engineering mentorship opportunities for young graduates to become manufacturing engineers to boost the seven value chains at the Engineering Development and Innovation Centre. The Science, Innovation and Technology Minister, Dr Monica Musenero says the mentorsh
The 62nd independence event is happening when Uganda’s economy is ailing with a worsening trade deficit at $ 247.93 million as of June 2024. This is in addition to projected debt by the International Monetary Fund (IMF) of $993 million, increasing inequalities in all forms, unemployment,
