Greedy MPs award themselves inflation-busting pay rise
Greedy MPs are planning to grab £300 million in salaries and business expenses over the next year.They are awarding themselves a 5 percent pay rise. This includes an e...
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“inflation”
Gov’t Imposes New Taxes on Cement, Spirits
Alcohol consumers and the construction industry face fresh price hikes as the government tables the Excise Duty (Amendment) Bill, 2026, seeking to impose higher levies on...
Uganda’s impeding debt crisis
In a recent podcast of Bad Natives, I argued that there is a real risk of Uganda defaulting on her domestic bonds in two to three years. It makes little sense to judge a...
Uganda Parliament Passes Law to Expand Magistrates’ Jurisdiction
Committee chairperson, Hon. Baka MugabiKAMPALA – A new law aimed at increasing the financial jurisdiction of magistrates, enhancing sentencing powers and streamlin...
URA Raises PAYE Tax-Free Threshold to Shs335,000 From Shs235,000
KAMPALA: Uganda is planning sweeping changes to its personal income tax system to ease pressure on low-income earners, even as it rolls out new tax measures to recover at...
Tax Push Sparks Backlash as Experts Warn Shs4.8tn Drive Could Stifle Growth
Economists and tax experts warn that government’s plan to raise Shs4.8 trillion through new taxes, including a fuel levy, could increase inflation, slow constructi...
Uganda to earn over Shs2.2t from first oil exploration in 2026/27
State Minister for Finance in charge of General Duties, Henry Musasizi, during the presentation for the 2026/27 Ministerial Policy Statement before Parliament’s Co...
MPs warn it could take 48 years to clear Uganda’s Shs8.4t domestic arrears
Appearing before Public Accounts Committee of Parliament, Ramathan Ggoobi, Permanent Secretary, Ministry of Finance, and Secretary to the Treasury.Parliament has been tol...
South Africa Bond Rally Builds Ahead of February 25 Budget
South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could re...
Bank of Uganda maintains the central bank rate
The Bank of Uganda recently kept the Central Bank Rate (CBR) unchanged at 9.75 per cent, signalling its confidence in the price stability experienced in the economy today...