How TIN Abuse Is Costing Uganda Billions in Lost Revenue
A Taxpayer Identification Number (TIN) is a unique identifier issued to individuals and businesses for tax purposes. It is a cornerstone of effective tax administration...
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“I know what Uganda wants,” Gen. Museveni tells Gen. Salim Saleh
When Gen. Caleb Akandwanaho (Rtd) Salim Saleh presented his long, detailed analysis of Uganda’s economy and structured recommendations for improvement in the form of th...
Uganda Strengthens Mobile Money Lending Rules to Combat Loan Defaults
Uganda's mobile money sector is taking major steps to prevent loan defaults and restore trust in digital lending. For years, some borrowers who defaulted on digital loans...
Uganda: Just 41 MPs Approve Shs9tn Loan Blitz
In a Tuesday session that has sparked outrage among fiscal watchdogs, a mere fraction of the 11th Parliament authorized the government to proceed with massive loan reques...
Uganda projects 10.4% economic growth in FY2026/27
Uganda projects 10.4% economic growth in FY2026/27independent.co.ug44minKAMPALA, UGANDA | Xinhua | Uganda’s economy is forecast to expand by 10.4 percent by the end of...
Uganda says to trim debt issuance by 21% in 2026/27 FY
The Bank of Uganda, Uganda’s central bank, in Kampala, Uganda, on Wednesday, May 17, 2023. Uganda estimates that it will need $28.1 billion to adapt to the effects of c...
Big story: Uganda to Borrow $2bn (Shs7.6 tn) from Oil Trading Giant Vitol for Oil, Roads Projects
“UNOC will be able to generate revenues of up to USD 5.6 billion” (about Shs21.3 trillion) from the projects when implemented," the ministry said, adding that the loa...
Uganda Coffee Exports Hit 8.4m Bags Worth Shs8.2Trillion in 12 Months
Uganda’s coffee industry is on a record-breaking trajectory, with exports reaching 8.4 million 60-kilogram bags, valued at UGX 8.2 trillion (US$ 2.4 billion) over the 1...
Japan issues megaquake warning as government says '98-foot tsunami' could wreak havoc.
Japan has issued a megaquake advisory after Monday's 7.6-magnitude earthquake struck off the nation's eastern coastJapan's Prime Minister Sanae Takaichi speaks to reporte...
Poor legacy assets drag down PIC unlisted investment impairments
Public Investment Corporation chair says investments ‘not entirely prudent’PIC chair David Masondo. Picture: FREDDY MAVUNDA/BUSINESS DAYThe high level of impairments...