Informal businesses, prevalent in both developed and developing economies, operate outside formal legal and regulatory frameworks. Typically identified by their lack of registration, absence of tax payments, and use of…
The Monetary Policy Committee (MPC) of Bank of Uganda has today, Monday increased the Central Bank Rate (CBR) to 10.25% from 10%. This highlights the instability of the Ugandan shilling,…
The Ministry of Finance has introduced five new tax Bills to Parliament with the aim of generating enough resources to finance the national budget in the upcoming fiscal year. The…
The National Social Security Fund (NSSF), Uganda’s national savings scheme, has hit Shs. 20 trillion in Assets Under Management, one and a half years ahead of schedule, according to the…
Parliament’s Joint Committee on Trade and Health is scrutinising proposals made in the Alcoholic Drinks Control Bill, 2023. Introduced as a private member’s bill by Tororo District Woman MP Sarah…
Uganda’s coffee exports witnessed a decline in February 2024 compared to the same month last year. As highlighted in the February 2024 report released by the Uganda Coffee Development Authority…
Government of Uganda is implementing a three-year economic program supported by the Extended Credit Facility (ECF) of the International Monetary Fund (IMF). The program was approved by the IMF Executive…
Rise and Shine Secondary School Ntinda, Kampala celebrated a noteworthy victory as their team, Imperial Tech, clinched the top spot in the Sahara STEAMers Regional Competition. Organised by the Sahara…
Tanzania is courting Ugandan traders to pass through its port at Dar, however, the expense involved is discouraging Ugandan traders. The port of Dar es Salaam has seen an increase…
Once again, there is an angry public uproar over a swindle, this time involving nearly UGX2 billion. The people behind Capital Chicken, promised armchair investors, interested in the potentially lucrative…