The Bretton Woods institutions, namely the International Monetary Fund (IMF) and the World Bank, have historically provided financial assistance to countries in the global south, including Uganda and members of…
In a press briefing on Monday, January 29, 2024, Ramathan Ggoobi, the Permanent Secretary/Secretary to the Treasury, unveiled a robust update on Uganda’s economic performance and the fiscal trajectory for…
Government will soon finalise the strategy to expand Uganda’s GDP ten times from the current $50 billion (FY 2023/24) to US$ 500 billion within a decade, starting FY 2024/2025, driven…
Uganda imports its petroleum with over 90% through Mombasa port in Kenya supplemented by small imports via Dar es Salaam port in Tanzania. However, this is on the verge of…
The Deposit Protection Fund of Uganda (DPF), a government agency that provides deposit insurance to customers of deposit-taking institutions licensed by Bank of Uganda has initiated the process of refunding…
Uganda’s main electricity distribution company, Umeme Limited is investing USD 35 million approximately 130 billion despite its concession coming to an end in 2025. In 2022, government notified Umeme that…
By Immaculate Wanyenze The Real estate is one of the fastest growing sectors yet less taxed. However, in the recent past, Kampala traders have continued to petition government on landlords…
In December last year, the Minister of State for Finance Minister in charge of General Duties, Henry Musasizi tabled before Parliament, the budget estimates/ the national budget framework paper for…
In a momentous stride towards sustainable finance in Africa, the top leaders of Development Finance Institutions (DFIs) across the continent are set to convene in Uganda from the 23rd to…
By Shaka Isaac The government has undertaken an initiative to roll out the electronic Government procurement (eGP) system to all the remaining procurement and disposing entities (PDE’s) within the next…