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...
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Govt Freezes New Road Projects as Budget Shortfall Forces Shift to Clearing Arrears
Government has halted new road construction projects for the 2026/27 financial year and will instead prioritise completing ongoing works and clearing nearly Shs948 billio...
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...
Uganda’s First Oil: A Defining Countdown to Economic Transformation and Energy Sovereignty
KAMPALA – As every second, minute, hour, day, and month winds down, Uganda edges closer to its promise—the dawn of oil production.From drilling and completi...
Uganda’s Public Debt Hits Record UGX 130 Trillion as Domestic Borrowing Surge Raises Alarm
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 governmentâ�...
Civil Society raises alarm over Uganda’s debt surge, health funding gaps
Kampala, Uganda: Civil society organisations have raised alarm over Uganda’s growing public debt and widening gaps in health sector funding, warning that the lates...
Aging population poses crisis for Uganda as 16 million workers lack pension cover
KAMPALA, Uganda — Uganda is hurtling toward a systemic social and economic crisis as a rapidly aging population outpaces a retirement savings framework that curren...
Hidden Secrets Behind Norbert Mao’s Likely Victory in the 12th Parliament Speakership Race
Norbert MaoGULU, UGANDA – In a surprising political development, veteran politician and Minister of Constitutional Affairs, Hon. Norbert Mao, is emerging as the fr...
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...