(Kampala) – The Uganda Revenue Authority (URA) has reported a surplus in revenue collections for the month of August 2024. The total revenue collected was UGX 2,345.04 billion, exceeding the target of UGX 2,316.85 billion by UGX 28.19 billion. This represents a performance rate of 101.22 percent
Private Sector Foundation Uganda (PSFU) has asked government to ensure that electricity costs are reduced in the 2025/26 financial to improve competitiveness. PSFU also wants government to ensure that the country has adequate fuel reserves to address transport cost shocks that continue t
The International Monetary Fund (IMF) has said the political and economic contexts in Uganda are predictable and stable, and that the debt is sustainable, which puts the country in a better position for development. âThe macroeconomic environment is not without challenges, with high
Senegal's slower economic growth, its widening fiscal deficit and a potential delay in International Monetary Fund financing could cloud the outlook ahead of November 17 parliamentary elections, analysts say. President Bassirou Diomaye Faye, just five months into the job, set the stage
Since its inception in 2020, the National Unity Platform (NUP) has turned introduction ceremonies (customary marriage) in its Buganda cradle into spaces used to spread its gospel of change. Whilst historically an introduction in Buganda has always been an apolitical ceremony for a few
According to a recent audit conducted by the Louisiana Legislative Auditor's Office, the Louisiana Office of Public Health has come under scrutiny for its mismanagement of finances in the clean drinking water fund for the fiscal year ending in June 2023. Audit F
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
This month, the national carrier, Uganda Airlines will make five years of spreading its wings across the East African region, India, West Africa, and the United Arab Emirates.The fifth birthd
President Museveni arrives for the meeting with the traders on May 7, 2024.The meeting between President Museveni and traders, where he was expected to discuss his decision on their demands regarding the implementation of Electronic Fiscal Receipting and
Bags of Ugandan coffee stored at a bulking centre as they await shipping to overseas markets. Over 60% of the country’s coffee ends up in the EU market signifying its importance to Uganda. COURTESY150 days left to comply with new to
