Trade at the Mpondwe border point in Kasese District is thriving, fuelled by high demand from the Democratic Republic of Congo.Yet behind the apparent boom, small-scale vendors—especially the youth—are raising alarms about punitive taxes and the absence of political leadership to advoc
Tanzania’s Minister for Foreign Affairs and East African Cooperation, Hon. Amb. Mahmoud Thabit Kombo, and Rwanda’s Minister of Foreign Affairs and International Cooperation, Hon. Amb. Olivier Nduhungirehe at the event in Kigali this past weekKIGALI, R
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
Retailers engage with UNBS over standards. PHOTO URNKAMPALA, UGANDA | Retailers in and around Kampala have blamed the continued presence of counterfeit and substandard products in their stores on the Uganda National Bureau of Standar
Tanzania East Africa Gateway Terminal Limited (TEAGTL), the private operator of Terminal 2 has successfully implemented the Fixed Berthing Windows (FBW) concept at the Dar es Salaam Port.This operational reform is being hailed as a transformational step in the modernization of Tanzania’s
The British American Tobacco team led by Chris Achola, Cluster Head BAT East and Southern Africa met with URA to identify ways on curbing illicit trade in cigarettes in the East African region. During the meeting held at URA headquarters, Nakawa BAT proposed different ways through which
Effective January 1, next year, all importers will be required to insure their cargo using local companies. The new requirement is provided under the Marine Cargo Insurance Policy, which first took effect on July 1, 2022, but was postponed, with Uganda Revenue Authority saying importers
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,
Uganda has eagerly awaited large-scale production from its state-owned auto plant, which some peg to be a high financial risk before it breaks even. Kiira Motors Corporation’s executives intend to produce 5,000 vehicles annually, mostly buses, to advance sustainable mass transit option
Ugandan coffee shipments are overflowing the European Union (EU) as traders scramble to get their hands on beans before the year-end implementation of new environmental regulations. Under the EU's Deforestation Regulation (EUDR), importers into the bloc will have to demonstrate that good
