Africa is home to 1.5 billion people, and this number represents about 18.6% of the global population. This makes the black continent the second most populated land mass globally. The …
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Land is a fundamental factor of production. It provides physical space for all economic activities such as agriculture, construction, and industry, but also harbors natural resources such as minerals, Despite …
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Uganda coffee exports for the month of July 2024 registered a significant increase of 26.15% and 98.68% in quantity and value respectively compared to the same month last year. According …
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In the financial year 2022/23, the government provided tax exemptions amounting to a significant Sh. 2.97 trillion, according to a report by the Ministry of Finance. This substantial figure represents …
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Banking & SavingsFinanceLatest NewsNews
How Bank of Uganda’s 10% Lending Rate Cut Will Affect Inflation, Currency & Growth
The Bank of Uganda, on Wednesday last week announced that its Monetary Policy Committee (MPC) reduced the Central Bank Rate (CBR) by 25 basis points to 10%. This is the …
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Social media is web platforms that enable users to create, share, and exchange their ideas, content, information, videos or photos in computer-mediated groups and communities. People around the world use …
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Industry & TradeLatest NewsManufacturingNewsReal Estate
Uganda Baati Marks 60 Years of Transforming Uganda’s Construction IndustryÂ
Uganda Baati Limited, the country’s leading manufacturer and supplier of roofing materials, building products, and construction solutions is celebrating 60 years of transforming Uganda’s construction industry. Established in 1964, Uganda …
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Banking & SavingsFinanceFintechLatest NewsNewsTechnologyTelecoms
How Can Cybersecurity Be Enhanced in Uganda’s Evolving Cashless Economy?
A cashless economy is a system where financial transactions are conducted electronically instead of using physical money or cash. This can involve various methods such as credit/debit cards, mobile banking, …
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Illicit financial flows (IFFs) have increasingly become a critical issue in the global economy, with multinational companies (MNCs) playing a significant role through aggressive tax avoidance schemes. These schemes involve …
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The Uganda Revenue Authority (URA) has secured a significant legal victory against a prominent car importing company, Crane Autos Limited, in a landmark tax evasion battle. URA accused Crane Autos …