Business Times writer

Tax exemptions are a common fiscal tool used by governments worldwide to stimulate economic activity, attract investment, and boost key sectors especially those that drive the economy. In Uganda, this …

Uganda grapples with high levels of unemployment and slow economic growth. This was exacerbated by the outbreak of the COVID-19 pandemic which caused massive job layoffs across all sectors and …

Uganda and Kenya have signed a tripartite agreement on the importation and transit of petroleum products through the two countries. The deal was signed on Thursday, May 16, 2024, during …

Parliament on Thursday approved an unprecedented budget of 72.1 trillion shillings for the 2024/25 financial year, marking a significant 32% increase from the 54 trillion shillings initially proposed in the …

Uganda and Kenya have come to a mutual agreement to eliminate tariff and non-tariff barriers that have been escalating the cost of trade between the two nations. This strategic decision …

Uganda has been named and awarded the best investment destination in Africa for attracting some of the most significant Foreign Direct Investment (FDI) projects on the continent in 2023. The …

In the financial year 2024/2025, companies manufacturing electric vehicles, electric batteries, electric vehicle charging equipment, or engaged in the fabrication of electric vehicle frames and bodies, and employing at least …

After four months since EFC Uganda Limited shut down, 24% of depositors whose deposits are under the Shs 10 million insurance limit have not been paid. The Bank of Uganda, …

Uganda’s annual inflation as measured by the Consumer Price Index for the 12 months to April 2024 increased at a slower rate of 3.2 percent compared to 3.3 percent registered …