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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“fiscal”
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 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...
URA Arrests Two over US$24,000 Super Match Cigarette Export Scam
The Uganda Revenue Authority (URA) has arrested Frank Mugisha and Muhumuza George suspected of running a fraudulent “export” scheme involving Super match cigarettes...
Central Bank of Russia eases restrictions, opens mutual funds to crypto investments
Russia’s relationship with crypto has swung between crackdowns and cautious acceptance, and its latest moves show that this balancing act is far from over.After first p...
Dollar unfazed even as Fed cut comes back into view
The U.S. dollar was steady on Tuesday as investors deliberated the chances of the Federal Reserve cutting interest rates next month.The U.S. dollar was steady on Tuesday...
Treasury bills auction attracts Shs567b as investor demand surges.
Uganda’s domestic debt market continues to heat up, with the latest Treasury Bills auction attracting overwhelming investor interest and confirming growing confidence i...
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?
Inflation’s silent threat: Is crypto creeping in on traditional diversifiers’ turf?In today’s markets, uncertainty has become the new normal, putting pressure on tr...
Four Traders Remanded to Luzira Over Kampala Protests
Police fired tear gas at traders.Four city traders have been remanded to Luzira Prison after being charged with causing common nuisance during Monday’s protests over hi...
Tanzania: Samia Suluhu Appoints Former Finance Minister as new Prime Minister
Dodoma – President Samia Suluhu Hassan has named Dr. Mwigulu Nchemba, her long-serving former Finance Minister, as Tanzania’s new Prime Minister.The appointment, rati...