Parliament on Wednesday approved government requests to borrow three different loans totalling more than Shs5.2 trillion. The loans include; Shs3.5 trillion from local commercial banks to finance the supplementary budget…
The Private Sector Foundation Uganda (PSFU) has presented key strategic focus areas on supporting Uganda’s Business Environment and Private Sector Competitiveness to H.E. GEN. (Rtd.) Yoweri Kaguta Museveni, the President…
During October 2023, there was a general depreciation of all currencies within the East African Community (EAC) Partner States, against the US dollar. The Rwandan Francs and Kenyan Shilling had…
Across the globe, mountains offer a beautiful aesthetic to any landscape. Away from the beauty, mountains contribute to tourism activities such as mountaineering, gliding, rock climbing and caving. Mountain Tourism…
The African aviation industry, comprising 357 airlines, plays a crucial role in the continent’s economic activities. The aviation industry supports 7.7 million jobs and $63 billion in African economic activity.…
The Government projected to collect domestic revenue worth Shs2,137.35 billion in October 2023 of which Shs1,974.96 billion would be tax revenue while Shs162.39 billion would be non-tax revenue. However, a…
Uganda is progressing towards being delisted from the roster of nations characterized by inadequate legislation and significant strategic shortcomings in combating money laundering and terrorism financing. Optimism surrounds the prospect…
Data protection is crucial in the online realm, encompassing measures to safeguard sensitive information from unauthorized access, use, or disclosure. It involves the implementation of security protocols, encryption, and access…
By Apollo Munghinda The Planning and Budgeting process for each financial year is done in accordance with Article 155 (1) of the Constitution of the Republic of Uganda and Section…
Uganda will from January 1, 2024 stop buying fuel from Kenyan firms after it entered into an agreement with a foreign firm, Vitol Bahrain to supply Uganda with its entire…