KAMPALA – Uganda’s public debt has surged to a record US$34.86 billion (UGX 130.84 trillion) as of December 2025, piling fresh pressure on the government’s fiscal managers and raising concerns about the long-term burden on citizens and businesses.According to the Ministry of Finance,
Uganda’s mobile money tax policy is threatening to reverse years of digital financial inclusion by driving low-income users back to cash. With 43 million accounts processing 326.3 trillion shillings annually, experts warn that excise duties on withdrawals and service fees are making digital pay
KAMPALA: A storm is brewing inside the Uganda Revenue Authority (URA) after a controversial proposal to overhaul licensing requirements for clearing and forwarding agents sparked fears of a massive industry shake-up that could push smaller players out of business.According to an internal c
Kampala, Uganda | THE INDEPENDENT | More than 7,000 illegal gaming machines worth Shs8.8 billion have been seized across Uganda over the past five years in operations aimed at curbing unlicensed gaming and protecting the public from exploitation. The enforcement operations, conducted from the 202
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been told that at the current rate of funding allocated to settle government domestic arrears, it could take more than four deca
A thunderous alarm has been sounded over Uganda’s lifeline for public medicines after the latest report from the Auditor General ripped open the operations of the National Medical Stores, exposing a web of operational failures, delayed drug deliveries, expired medicines worth billions and deep-
Kampala, Uganda: Civil society organisations have raised alarm over Uganda’s growing public debt and widening gaps in health sector funding, warning that the latest Auditor General’s report exposes serious weaknesses in the management of public resources.The report examined 182 ministr
In the latest episode of the very popular Bad Natives Podcast, comprising of Andrew Mwenda, Robert Kabushenga and Onyango-Obbo, the Independent Magazine CEO asserted that it was too early for anyone to write off DP President Norbert Mao in the Speakership race.He went as far as claiming th
Women entrepreneurs in Masaka have received practical lessons on rental income tax as Uganda Revenue Authority stepped up efforts to strengthen tax education among women in business.The training took place during the URA Women Conference 2026, a major engagement that brought together women
Reader modeBwindi census results bolster Uganda’s status as Africa’s primate capitalugstandard.com2hUganda Tourism Board CEO Juliana Kagwa led British investors on a gorilla trekking excursion in Bwindi to highlight the nation's model of conservation-led economic g
