Uganda Posts sh3.15 Trillion Fiscal Deficit in May 2025
In May 2025, the government recorded a fiscal deficit of sh3.148 trillion, exceeding the projected deficit of sh2.372 trillion for the month. This wider gap between revenue and expenditure was…
In May 2025, the government recorded a fiscal deficit of sh3.148 trillion, exceeding the projected deficit of sh2.372 trillion for the month. This wider gap between revenue and expenditure was…
Preliminary data from the Uganda Bureau of Statistics (UBOS) reveals that the size of Uganda’s economy expanded to sh226.344 trillion in the fiscal year 2024/25, up from sh203.708 trillion recorded…
The Ugandan Shilling posted a modest appreciation against the US Dollar ($) in May 2025, underpinned by sustained inflows from coffee exports, remittances, portfolio investments, and Non-Governmental Organizations (NGOs) activities.…
Small and Medium Enterprises (SMEs) are the heartbeat of Uganda’s economy. They contribute over 20% to the country’s GDP and employ nearly 90% of the workforce within the private sector.…
Uganda Revenue Authority (URA) has intensified nationwide enforcement operations, targeting an alarming rise in illegal trade activities. Over the past three months, URA teams have intercepted thousands of kilogrammes of…
The recent wave of political protests in Kenya, sparked by the controversial death of blogger Albert Ojwang while in police custody, is raising deep concerns among Uganda’s business community and…
As Uganda sees a growing number of customs agents entering the clearing and forwarding sector, the Uganda Revenue Authority (URA) has issued a strong warning against rising corruption and fraud.…
Buganda Kingdom recently officially presented its budget for the 2025/26 financial year, setting its expenditure at Shs305 billion. This represents a significant increase from the previous year’s Shs 257 billion…
Uganda’s tourism sector welcomes new leadership as Juliana Kagwa begins her role as UTB CEO on June 16, 2025. Her appointment marks a fresh start for the tourism body, with…
Uganda has been listed among 36 countries under review by the United States government for a possible expansion of visa restrictions. The proposed policy shift, currently being evaluated by the…